by Dispatch Risk Analysis | Jun 12, 2023 | Economic, Tunisia
Tunisia: IMF Report Details Breadth of Fiscal Risks Across MENA Region Summary: On 11 June 2023, the International Monetary Fund (IMF) released a report detailing the dynamics driving fiscal risk across the Middle East and North Africa (MENA) region, including details...
by Dispatch Risk Analysis | Jun 12, 2023 | Economic, Tunisia
Tunisia: Expensya Acquisition Highlights Challenges for Tunisian Founders Summary: On 7 June 2023, Sweden-based accounts-payable software provider Medius announced plans to acquire Paris-based, Tunisian-founded expense management software as a service (SaaS) provider...
by Dispatch Risk Analysis | Jun 11, 2023 | Diplomacy, Economic, Security, Tunisia
Tunisia: EU Leaders Promise Over $1 Billion in Aid During Joint Visit Summary: On 11 June 2023, several European leaders traveled to Tunis to announce a series of aid packages and assistance programs designed to address surging irregular migration and Tunisia’s...
by Dispatch Risk Analysis | Jun 10, 2023 | Diplomacy, Economic, Legal, Tunisia
Tunisia: Oil Firm Enters Arbitration Claiming Government “Impediments” Summary: On 6 June 2023, Canadian energy firm Zenith Energy initiated proceedings against Tunisia and the Tunisian National Oil Company (ETAP) with the International Center for...
by Dispatch Risk Analysis | Jun 9, 2023 | Economic, Tunisia
Tunisia: UIB Under Review as SocGen Sheds African Businesses Summary: On 9 June 2023, French banking giant Societe Generale announced the conclusion of agreements to sell four African subsidiaries and plans to conduct a strategic review of Tunisian subsidiary Union...
by Dispatch Risk Analysis | Jun 8, 2023 | Economic, Tunisia
Tunisia: Fitch Downgrades Default Rating as Foreign Reserves Slump Summary: This week, New York-based Fitch Ratings downgraded Tunisia’s long-term foreign currency issuer default rating from CCC+ to CCC-, further confirming the country’s lack of creditworthiness....