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)....
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...
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...
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...
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...
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...
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...
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...
