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TUNISIA

EIB sends VP Ricardo Mourinho Félix on salvage mission to Tunis

The vice-president of the European Investment Bank (EIB) Ricardo Mourinho Felix. © EIB

The European Investment Bank, which lends millions of euros to Tunisia each year, is planning to send its vice-president to Tunis in early December. This despite the new PM Najla Bouden still having to appoint an economic adviser. [...] (266 words)

Issue dated 25/11/2021 Reading time 2 minutes

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Finance Diplomacy

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TUNISIA
European Investment Bank
European Union
International Monetary Fund
Kaïs Saïed
Marouane Abassi
Najla Bouden
Ricardo Mourinho Félix
Samir Saied

The growing rift between Kaïs Saïed and the Tunisian Central Bank

As negotiations with the IMF over the highly criticised 2023 draft budget bill are coming to a close, BCT Governor Abassi and President Saïed's opinions continue to diverge.

Tunisian President Kaïs Saïed and the Governor of the Tunisian Central Bank, Marouane Abassi.

TUNISIA Diplomacy 24/10/2022

France holds up €50m Tunisian loan because of traceability concerns

France promised to loan Tunisia €100m at the end of 2020. It paid out the first installment in 2021 but has delayed paying out the estimated €50m second tranche. The loan, the first part of which was released in 2021, was part of a "public policy" package but aid of this kind is subject to strict traceability and management criteria which Tunisia's state-owned enterprises are unable to guarantee at present.

TUNISIA Diplomacy 28/04/2022

Tunis asks Brussels to ease loan conditions in face of IMF impasse

The Tunisian government is seeking a relaxing of the conditions for the disbursement of a tranche of the €300m that the EU has earmarked for macro-financial assistance. But community institutions are still concerned at some of the political measures being taken by Kais Saied.

DJIBOUTI Business 09/03/2022

Eiffage to vie for phase 2 of desalination plant

The European Union, which has already forked out €73m for the Doraleh desalination plant, is ready to open the purse strings again.

TUNISIA Politics 04/03/2022

Lenders' darling Secretary of State Aida Hamdi vanishes into thin air

After having changed offices several times, the Secretary of State for International Cooperation no longer responds to her international counterparts. Sidelined, Aida Hamdi is said to have submitted her resignation - which Kais Saied did not accept - and returned to Paris.

Secretary of State for International Cooperation, Aida Hamdi.

TUNISIA Diplomacy 02/02/2022

Paris sends its Treasury chief Emmanuel Moulin on special mission to Tunis

The French Treasury head has reiterated France's support for the reforms Tunis must undertake in order to secure IMF loans. Moulin also chairs the Paris Club of international creditors, and while he did not travel in that capacity, the restructuring of Tunisia's debt seems to be on the cards.

Emmanuel Moulin, head of the French Treasury and president of the Club de Paris.

TUNISIA Infrastructure Business 13/01/2022

Second chance to bid for construction of Bizerte Bridge

The bidding process for the construction of the Bizerte Bridge has been reopened. Although Tunisia's Ministry of Equipment and Housing was already examining submitted bids in December 2020, none of them have so far been selected.

TUNISIA Infrastructure Business 10/01/2022

Spanish consortium relaunches Kairouan-Kasserine rail renovation

The project to reopen the rail link between Sousse and Kasserine, which has been closed since 1982, is chugging forward slowly.

ALGERIA TUNISIA Diplomacy 22/12/2021

Tebboune seeks to drive a wedge between Saïed and Sisi

The Algerian president, who has just granted an emergency loan of $300m to Tunisia, is demanding in return that the country rein in its growing ties with Cairo, which have strengthened since the coup d'etat orchestrated by Kaïs Saïed on 25 July.

Tunisian President Kaïs Saïed (right) welcomes his Algerian counterpart Abdelmadjid Tebboune on his arrival in Tunis on 15 December 2021.

TUNISIA Finance Diplomacy 22/11/2021

Ministers squabble over negotiations with the IMF and donors

The resumption of negotiations between Tunisia and the IMF saw the Secretary of State in charge of international cooperation, Aida Hamdi, sidelined in favour of the Minister of Economy, Samir Saied, who has now taken over this project.

TUNISIA Diplomacy 22/10/2021

Kais Saied seeks Saudi and UAE financial aid in Riyadh

Kaïs #Saied will attend Middle East Green Initiative Summit on 25 October, an environmental conference organised by Saudi Crown Prince Mohamed bin Salman.The Tunisian president hopes to secure substantial budgetary support from #SaudiArabia and #UAE.

Inner circles

TUNISIA Politics 15/10/2021

Kais Saied rules supreme but is more isolated than ever

While the head of state may have effectively placed himself at the centre of power on 25 July when he rejected the parliamentary system born from the 2011 revolution, his entourage of advisers and friends at Carthage Palace has since become a hotbed of clan rivalries.

TUNISIA Infrastructure Business 04/12/2020

Heavy competition for the construction of the Bizerte Bridge

French minister of state Jean-Baptiste Lemoyne rallies around French construction companies vying for Bizerte.

TUNISIA Infrastructure Business 22/10/2020

Three years after EIB finance agreement, highway tender is finally issued

Having spent years looking for finance and conducting impact assessments, work on the highway between Sbikha and Jelma has at

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European Investment Bank
European Union
International Monetary Fund
Kaïs Saïed
Marouane Abassi
Najla Bouden
Ricardo Mourinho Félix
Samir Saied

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Algerian secret services in survival mode in North Mali

As fight against M23 continues, Kigali and Kinshasa wage war of intelligence