Bloomberg Innovation Index Names
Tunisia as the MOST innovative country in Africa:
Tunisia’s industrial fabric – composed largely of smaller manufacturing units – has suffered from a number of challenges endemic to emerging economies, including a limited domestic market, a lack of incentives for domestic-oriented production and problems in accessing financing.
The country also faces more specific challenges. In the wake of the 2011 revolution, for example, social disputes have also become more acute, resulting in disruption to production and weakened investor confidence. Tunisia is also heavily reliant on EU demand, which absorbs three-quarters of its exports.
If you’re operating in Tunisia you need access to real-time security information .
The challenges are far from minor and, in the broader context of the macroeconomic slowdown, industrial producers have a ways to go. However, as a whole, the Tunisian economy benefits from some encouraging fundamental traits, including a developed industrial infrastructure, a strategic location on the Mediterranean in proximity to the 500m-person European market, a well-developed education system and an efficient logistical infrastructure.
Tunisia’s manufacturing sector relies on a qualified, productive workforce at competitive salary levels.