Tunisia
Tunisia’s bread subsidy battle does not bode well for IMF deal, RANE/Stratfor says
Tunisia’s battle to mitigate bread shortages “risks eroding its authoritarian president’s popularity, triggering social unrest, and delaying the disbursement of needed funds from the International Monetary Fund (IMF)”, RANE/Stratfor writes.
Wheat, rice and El Niño: food security warning lights are flashing red
Russia’s exit from the Black Sea grain initiative, India’s ban on rice exports and a “strong” El Niño expected in the second half of this year mean the global food security warning lights have started to flash red.
Putin at 2023 Africa-Russia summit: Wiping debts, donating grain and boosting co-operation
Russia and Africa can work together to protect national sovereignty and put an end to colonialism, Russian President Vladimir Putin told African delegates at the 2023 Africa-Russia summit in St. Petersburg.
Tunisia migration matches debt distress call
Tunisia’s sovereign bond index spread hovered at 3000 basis points in May, among the worst distressed credits, as President Saied neared two years in office with a political and economic track record wreaking unmitigated havoc.
EBRD 2023: Bank to expand into the whole of Africa plus Iraq
The first investments are due to begin in six counties in sub-Saharan Africa in 2025.