Recent reports reveal the state-owned electricity company, Steg, has lost 87% of its investments between 2021 and 2025, contributing to widespread power outages in Tunisia. These outages, which heavily impacted citizens during the summer, were initially attributed to exceptional weather conditions like heatwaves and increased energy consumption. However, the report indicates a deeper, systemic issue within the energy sector. The significant loss of investment suggests a broader “energy shipwreck” is unfolding in the country. This financial downturn directly correlates with the instability of the power supply experienced by Tunisian households. The findings challenge earlier narratives surrounding the cause of the blackouts and highlight the urgent need for financial restructuring and strategic investment in Steg. The report, published by Business News, paints a concerning picture of Tunisia’s energy future.