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Tunisia: EU Leaders Promise Over $1 Billion in Aid During Joint Visit

Tunisia: EU Leaders Promise Over $1 Billion in Aid During Joint Visit

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...
Tunisia: Oil Firm Enters Arbitration Claiming Government “Impediments”

Tunisia: Oil Firm Enters Arbitration Claiming Government “Impediments”

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...
Tunisia: UIB Under Review as SocGen Sheds African Businesses

Tunisia: UIB Under Review as SocGen Sheds African Businesses

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...
Tunisia: Fitch Downgrades Default Rating as Foreign Reserves Slump

Tunisia: Fitch Downgrades Default Rating as Foreign Reserves Slump

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....
Tunisia: Launch of Digital Guide Aimed at Streamlining Investment

Tunisia: Launch of Digital Guide Aimed at Streamlining Investment

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)....
Tunisia: Outcry Over Detention of Ennahdha Members as Key Leader Resigns

Tunisia: Outcry Over Detention of Ennahdha Members as Key Leader Resigns

by Dispatch Risk Analysis | Jun 7, 2023 | Legal, Political, Tunisia

  Tunisia: Outcry Over Detention of Ennahdha Members as Key Leader Resigns Summary: On 7 June 2023, a group of Muslim scholars called for the release from prison of former Parliament Speaker and Ennahdha leader Rached Ghannouchi following his sentencing to one year in...
Tunisia: Meloni Promises Aid During Mid-Week Stop in Tunis

Tunisia: Meloni Promises Aid During Mid-Week Stop in Tunis

by Dispatch Risk Analysis | Jun 6, 2023 | Diplomacy, Economic, Security, Tunisia

  Tunisia: Meloni Promises Aid During Mid-Week Stop in Tunis Summary: On Tuesday, 6 June 2023, Italian Prime Minister Giorgia Meloni visited Tunisia with an International Monetary Fund (IMF) loan deal and the issue of irregular migration on the agenda. The visit comes...
Tunisia: Despite Diplomatic Spat, France Committed to Tunisia’s Stability

Tunisia: Despite Diplomatic Spat, France Committed to Tunisia’s Stability

by Dispatch Risk Analysis | Jun 4, 2023 | Diplomacy, Economic, Security, Tunisia

  Tunisia: Despite Diplomatic Spat, France Committed to Tunisia’s Stability Summary: On 30 May 2023, Tunisian Foreign Minister Nabil Ammar met with his French counterpart Catherin Colonna in Paris as the two countries continue to work toward a resolution to Tunisia’s...
Tunisia: African Lion Military Exercise Continues Amidst Battle for Influence

Tunisia: African Lion Military Exercise Continues Amidst Battle for Influence

by Dispatch Risk Analysis | Jun 4, 2023 | Diplomacy, Security, Tunisia

Tunisia: African Lion Military Exercise Continues Amidst Battle for Influence Summary: The US-led African Lion military exercise is being held from mid-May to mid-June in multiple countries across Africa, including Morocco and Tunisia. The exercise comes amidst...
Tunisia: $500 Million African Export-Import Bank Loan Approved

Tunisia: $500 Million African Export-Import Bank Loan Approved

by Dispatch Risk Analysis | Jun 2, 2023 | Economic, Tunisia

  Tunisia: $500 Million African Export-Import Bank Loan Approved Summary: On 1 June 2023, the Tunisian Parliament approved by majority vote an agreement to obtain a loan from the African Export-Import Bank, in the amount of $500 million US dollars. The agreement was...
Tunisia: President Saied Floats Tax on Wealthy to Solve Economic Woes

Tunisia: President Saied Floats Tax on Wealthy to Solve Economic Woes

by Dispatch Risk Analysis | Jun 1, 2023 | Economic, Tunisia

  Tunisia: President Saied Floats Tax on Wealthy to Solve Economic Woes Summary: On Thursday, 1 June 2023, Tunisian President Kais Saied proposed that increased taxation on rich Tunisians could be a means to avoid reliance upon a previously negotiated $2 billion...
Tunisia: World Bank Re-engagement to Provide Stabilizing Influence

Tunisia: World Bank Re-engagement to Provide Stabilizing Influence

by Dispatch Risk Analysis | May 31, 2023 | Economic, Tunisia

  Tunisia: World Bank Re-engagement to Provide Stabilizing Influence Summary: The World Bank has reached an agreement to re-engage Tunisia following the recent abrupt pause in cooperation. The pause in engagement was a reaction against comments by President Kais Saied...
Tunisia: World Power Index Ranks North African Countries

Tunisia: World Power Index Ranks North African Countries

by Dispatch Risk Analysis | May 27, 2023 | Diplomacy, Political, Security, Tunisia

  Tunisia: World Power Index Ranks North African Countries Summary: A recent report on North Africa from the World Power Index (WPI) identified Tunisia, along with Morocco, Algeria, and Libya as “middle peripheral powers” on a scale that measures “the accumulation of...
Tunisia: Supply Chain, Financing Issues Drive Bread Shortages

Tunisia: Supply Chain, Financing Issues Drive Bread Shortages

by Dispatch Risk Analysis | May 27, 2023 | Economic, Tunisia

  Tunisia: Supply Chain, Financing Issues Drive Bread Shortages Summary: In recent days, ​​bakeries across Tunisia experienced bread shortages as the durum wheat supply chain remains unreliable. Many bakeries faced long lines as they were unable to meet customer...
Tunisia: As Drought Plagues North Africa, Groundwater in Spotlight

Tunisia: As Drought Plagues North Africa, Groundwater in Spotlight

by Dispatch Risk Analysis | May 25, 2023 | Diplomacy, Economic, Tunisia

  Tunisia: As Drought Plagues North Africa, Groundwater in Spotlight Summary: May 2023 reports have raised the possibility of a potential conflict over shared groundwater resources increasingly drawn upon by Algeria, Tunisia, and Libya as all three countries struggle...
Tunisia: Smuggler, Terrorist Arrests Highlight Expanded Intelligence Operations

Tunisia: Smuggler, Terrorist Arrests Highlight Expanded Intelligence Operations

by Dispatch Risk Analysis | May 25, 2023 | Diplomacy, Security, Tunisia

  Tunisia: Smuggler, Terrorist Arrests Highlight Expanded Intelligence Operations Summary: On 25 May 2023, the National Guard announced the arrest of a notorious irregular migrant smuggler who operated out of Sfax, accumulating 24 arrest warrants and prior sentences...
Tunisia: G7 Calls for IMF Deal, But Not on Italian Terms

Tunisia: G7 Calls for IMF Deal, But Not on Italian Terms

by Dispatch Risk Analysis | May 22, 2023 | Diplomacy, Economic, Tunisia

  Tunisia: G7 Calls for IMF Deal, But Not on Italian Terms Summary: At the 49th G7 summit held 19 – 21 May 2023 in Hiroshima, Japan, Tunisia featured as a point of discussion as the European powers France and Italy continue to seek solutions to the irregular migration...
Contingency Corner: Personal Security Awareness

Contingency Corner: Personal Security Awareness

by Dispatch Risk Analysis | May 21, 2023 | Contingency

  Contingency Corner: Personal Security Awareness Personal security awareness is essential for those working in frontier markets. Security awareness is a combination of self-awareness and diligence in continually re-assessing your environment. Consider the following...
Tunisia: Agricultural Indicators Point to Flagging Production

Tunisia: Agricultural Indicators Point to Flagging Production

by Dispatch Risk Analysis | May 18, 2023 | Economic, Tunisia

  Tunisia: Agricultural Indicators Point to Flagging Production Summary: On 19 May 2023, an agricultural union official announced that Tunisia will likely need to import about 95% of its grains during the coming harvest season as production drops due to the ongoing...
Tunisia: Unemployment Rises Under Growing Economic Pressures

Tunisia: Unemployment Rises Under Growing Economic Pressures

by Dispatch Risk Analysis | May 17, 2023 | Economic, Tunisia

  Tunisia: Unemployment Rises Under Growing Economic Pressures Summary: In mid-May 2023, Tunisia’s National Institute of Statistics (INS) released national unemployment data for Q1 2023, which indicated an increase of nearly 1% from the preceding quarter. Q1 2023...
Tunisia: Italy, France Remain Focused on Addressing Irregular Migration

Tunisia: Italy, France Remain Focused on Addressing Irregular Migration

by Dispatch Risk Analysis | May 16, 2023 | Diplomacy, Economic, Tunisia

  Tunisia: Italy, France Remain Focused on Addressing Irregular Migration Summary: In mid-May, the Italian Minister of the Interior Matteo Piantedosi praised Tunisia’s efforts to stem the flow of irregular migrants to Europe following an official visit to Tunis....
Tunisia: Ghannouchi Sentenced as Instalingo Case Continues

Tunisia: Ghannouchi Sentenced as Instalingo Case Continues

by Dispatch Risk Analysis | May 16, 2023 | Legal, Political, Tunisia

  Tunisia: Ghannouchi Sentenced as Instalingo Case Continues Summary: On May 15, the Chamber of Misdemeanors in Terrorism Cases of the Court of First Instance in Tunis issued a one-year prison sentence to Ennahdha Party leader Rachid Ghannouchi and a 1,000 dinar...
Contingency Corner: Personal Security Awareness

Contingency Corner: Kidnapping Response

by Dispatch Risk Analysis | May 15, 2023 | Contingency

  Contingency Corner: Kidnapping Response Kidnappings occur in many environments and for a multitude of reasons. Being prepared to take initial steps in the event of the kidnapping of personnel is essential. Considering the following to prepare for kidnapping...
Tunisia: Orange Telecom Deal Will Land Submarine Cable at Bizerte

Tunisia: Orange Telecom Deal Will Land Submarine Cable at Bizerte

by Dispatch Risk Analysis | May 14, 2023 | Economic, Tunisia

  Tunisia: Orange Telecom Deal Will Land Submarine Cable at Bizerte Summary: On 11 May 2023, telecommunications provider Orange Tunisia signed an agreement with Ireland-based Medusa Submarine Cable System to build a Marseille-Bizerte submarine cable. The new undersea...
Tunisia: Fruit Harvest Down 24% as Climate Impacts are Realized

Tunisia: Fruit Harvest Down 24% as Climate Impacts are Realized

by Dispatch Risk Analysis | May 13, 2023 | Economic, Tunisia

  Tunisia: Fruit Harvest Down 24% as Climate Impacts are Realized Summary: The 2022-2023 fruit season has seen a 24% drop in national production from past years, shining an additional spotlight on the impacts of Tunisia’s multi-year drop in rainfall. According to an...
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