by Dispatch Risk Analysis | Jul 1, 2023 | Economic, Social, Tunisia
Tunisia: Water Crisis Persists Despite Slight Rise in Dam Fill Rates Summary: This week, government data indicated that Tunisia’s dams reached an average fill rate of 36.7% nationally, pointing to a persistent water shortage that continues despite heavy late-spring...
by Dispatch Risk Analysis | Jul 1, 2023 | Economic, Social, Tunisia
Tunisia: Phosphate Disruptions Likely to Continue in Near Term Summary: Phosphate production and shipping remained suspended this week in Redeyef in Gafsa where employment disputes between laborers and the government have prevented normal operations. Laborers are...
by Dispatch Risk Analysis | Jun 29, 2023 | Diplomacy, Economic, Tunisia
Tunisia: EU Hails Aid Package Still Contingent on IMF Deal Summary: On 29 June 2023, the European Council held a strategic discussion regarding irregular migration and economic development in the Mediterranean region, with Tunisia featuring heavily in the...
by Dispatch Risk Analysis | Jun 27, 2023 | Political, Tunisia
Tunisia: Global Unions Statement Demands Freedom of Expression Summary: On 27 June 2023, the Council of Global Unions (CGU) comprised of a number of international labor unions issued a joint statement asserting that Tunisia is “sliding into totalitarianism” based on...
by Dispatch Risk Analysis | Jun 26, 2023 | Diplomacy, Economic, Tunisia
Tunisia: Sfax Coffee Roasters Warn That Government Supplies are Dwindling Summary: On 26 June 2023, a representative of coffee roasters in Sfax pointed to a potential crisis in the industry as coffee supplies dwindle, forcing roasters to the brink of bankruptcy. The...
by Dispatch Risk Analysis | Jun 25, 2023 | Contingency
Contingency Corner: Beach Safety Beach goers may feel carefree, but are actually surprisingly vulnerable to physical security risks. As you prepare for beach season, keep a few basic steps in mind: Travel in groups when possible and practice a buddy system, for the...
by Dispatch Risk Analysis | Jun 24, 2023 | Economic, Social, Tunisia
Tunisia: Access to Foreign Currency Accounts Will Remain Limited in Near-Term Summary: On 22 June 2022, Central Bank governor Marouane Abassi indicated during a panel discussion that there are not near-term plans to allow Tunisians to open foreign currency bank...
by Dispatch Risk Analysis | Jun 24, 2023 | Diplomacy, Economic, Tunisia
Tunisia: At Paris Summit, President Pushes Cautious Approach to Reform Summary: From 22-23 June 2023, Tunisian President Kais Saied was in Paris at the invitation of French President Emmanuel Macron participating in the Paris Summit for a New Global Financing Pact....
by Dispatch Risk Analysis | Jun 22, 2023 | Diplomacy, Economic, Tunisia
Tunisia: World Bank Loan to Help Finance Undersea Power Link to Italy Summary: On 22 June 2023, Tunisian state media announced that the World Bank has agreed to $268.4 million in funding to support an undersea electrical cable project. The World Bank loan comes after...
by Dispatch Risk Analysis | Jun 22, 2023 | Diplomacy, Economic, Tunisia
Tunisia: Economic Agreements Signed with Jordan, Hungary Summary: On 21 June 2023, Tunisian organizations signed agreements with both the Hungarian and Jordanian governments pledging future cooperation on trade and tourism. The agreement between the Tunisian...
by Dispatch Risk Analysis | Jun 21, 2023 | Economic, Political, Social, Tunisia
Tunisia: Train Derailment Kills 2, Highlighting Infrastructure Challenges Summary: On 21 June 2023, Tunisia’s national railway company – Societe Nationales des Chemins de Fer Tunisiens (SNCFT) – announced the launch of an investigation into a train derailment that...
by Dispatch Risk Analysis | Jun 20, 2023 | Security, Tunisia
Tunisia: Guard Dies After Stabbing at Brazilian Embassy in Tunis Summary: On 19 June 2023, a security officer was reportedly stabbed by an individual suffering from mental illness near the Brazilian Embassy in Tunis. The Ministry of Interior announced in a statement...
by Dispatch Risk Analysis | Jun 18, 2023 | Contingency
Contingency Corner: Summer Weather Summer is back in North Africa, and with it many risks from exposure to the intense heat. A few steps can keep you prepared for navigating the intense heat. Consider the following as you plan your next day out in the summer...
by Dispatch Risk Analysis | Jun 16, 2023 | Contingency
Contingency Corner: Hotel Security Traveling in frontier markets comes with a number of security challenges, including at hotels. While hotels can be relatively secure, vigilance with regard to personal security is still essential. Consider the following as you plan...
by Dispatch Risk Analysis | Jun 16, 2023 | Contingency
Contingency Corner: Physical Documents Many organizations maintain physical documents and files. However, it is easy to overlook the security vulnerabilities within physical documents should document archives be lost, stolen, or prematurely destroyed. Considering...
by Dispatch Risk Analysis | Jun 16, 2023 | Legal, Political, Tunisia
Tunisia: Pressure Continues on Opposition as Chebbi Questioned Summary: On Friday, 16 June 2023, the head of the National Salvation Front Ahmed Nejib Chebbi was questioned by a counterterrorism prosecutor in Tunis in relation to an investigation into conspiracy...
by Dispatch Risk Analysis | Jun 15, 2023 | Diplomacy, Economic, Tunisia
Tunisia: US Bill Would Make Aid Contingent Upon Democratic Reform Summary: On 15 June 2023, two US senators introduced legislation for consideration entitled the Safeguarding Tunisian Democracy Act of 2023, which will seek to shape US aid and foreign policy toward...
by Dispatch Risk Analysis | Jun 13, 2023 | Diplomacy, Economic, Security, Tunisia
Tunisia: Revised IMF Plan Rumored as World Bank Calls for Public Sector Reform Summary: On Tuesday, 13 June 2023, international press reports indicated that an unidentified Tunisian official said that the government planned to present a revised economic reform plan to...
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....
by Dispatch Risk Analysis | Jun 8, 2023 | Economic, Tunisia
Tunisia: Launch of Digital Guide Aimed at Streamlining Investment Summary: On June 07, 2023, the European Bank for Development and Reconstruction (EBRD) announced the launch of a digital investment portal in partnership with the Tunisian Investment Authority (TIA)....
