Tunisia

Although Tunisia’s insurance market has grown steadily in recent years, it continues to be characterised by low penetration. As such, measures that are expected to promote expansion of the sector are being put in place. A new insurance code will strengthen the financial position of insurers and likely encourage a greater degree of sector consolidation. Furthermore, several segments, including...

Although Tunisia’s financial market has maintained a pattern of significant growth in recent years, progress has taken place in the context of economic uncertainty and a need for structural reform. The stock market’s role in financing the economy is mod¬est when compared to that of the banking system, and the depreciation of the dinar has introduced a number of additional challenges. Despite...

While Tunisia remains a country with a number of strong assets on which to base future development, challenges of...

Long viewed as an open economy with a unique geographic position at the centre of the Mediterranean, Tunisia has faced macroeconomic challenges since the 2011 revolution. The country has successfully navigated the difficulties of the post-revolutionary period by capably establishing robust democratic institutions. Furthermore, while issues of corruption and security remain a problem the...

Despite the challenges to Tunisia’s economy, the banking sector has experienced positive growth in recent years. Several risks, however, still threaten the overall health of the sector, including a reduction in available liquidity, low levels of capitalisation and credit risk. In an effort to address these issues, the Central Bank of Tunisia has been implementing significant structural reforms...

Following global trends, the Tunisian telecoms industry has continued to move from fixed telephony into mobile, sustained by a rise in data use and the ongoing expansion of smartphone penetration rates. This has opened up the sector to new product development and expansion opportunities, despite the market’s small size relative to some of its regional neighbours. The telecommunications sector...