Tunisia’s bond market is at risk of defaulting. Tunisia’s political and economic crises aren’t unique in the region. Tunisia’s coast juts out of North Africa into the Mediterranean, making it Italy’s closest neighbor in Africa — and a primary point of departure for many migrants from elsewhere in Africa hoping to reach Europe. relies on Tunisia to limit the number of people who reach Europe. So far this year, around 16,000 migrants have arrived in Italy after leaving Tunisia, according to the United Nations.

Source: The North Africa Journal April 05, 2023 16:09 UTC