by Dispatch Risk Analysis | Mar 18, 2024 | Economic, Social, Tunisia
Tunisia: ClusterLab Success Points to Strain on Tunisian Entrepreneurs Summary: In mid-March 2024, Tunisian-founded and United Arab Emirates (UAE)-based artificial intelligence (AI) firm, ClusterLab, received $600,000 in funding from investors, including InstaDeep...
by Dispatch Risk Analysis | Mar 16, 2024 | Economic, Political, Tunisia
Tunisia: Draft Foreign Exchange Law Promises Long-Awaited Liberalization Summary: On 14 March 2024, the cabinet meeting headed by Prime Minister Hachani approved a draft law that would overhaul Tunisia’s foreign exchange system. The government has posited that the...
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 | Feb 8, 2023 | Economic, Tunisia
Tunisia: World Bank Aims to Assist Small Businesses with $120 Million Loan Summary: On 8 February 2023, the World Bank announced the approval of a $120 million loan to help address long-term financing needs for small and medium enterprises (SMEs) in Tunisia. The loan...
by Dispatch Risk Analysis | Jan 17, 2023 | Economic, Social, Tunisia
Tunisia: Egypt’s GBarena Eyes MENA E-Sports Market with Galactech Acquisition Summary: On 17 January 2023, Egyptian e-sports firm GBarena announced the acquisition of Tunisian firm Galactech in a share swap valued at $15 million. Galactech’s CEO, Houcem Maiza, will...