Afreximbank to intensify support to Tunisia

Categories: News

The African Export-Import Bank (Afreximbank) will intensify trade finance support to Tunisia and will assist the country in the implementation of its five-year National Development Plan 2016-2020, Amr Kamel, the Bank’s Executive Vice-President in charge of Business Development and Corporate Banking, has said in Tunis.

Mr. Kamel told participants at a business forum with the Tunisian private and public sectors, which was organised by the Bank on 23 February, that such support was part of Afreximbank’s strategy to boost intra-African trade through increased regional integration and its efforts to accelerate Africa’s industrialisation and significantly grow its value-added exports.

He said that the approach was in line with Afreximbank’s strategy to diversify its business activities in the North African region, adding that the Bank’s visit to Tunisia was to explore opportunities for collaboration with the authorities and with corporate entities in the country to raise industrial activity and increase trade exchanges between Tunisia and the rest of Africa.

The Forum was attended by officials from the Central Bank of Tunisia and several Tunisian ministries as well as by representatives of the Tunisia-Africa Business Council, financial institutions, and corporate entities. Also participating were some entrepreneurs, legal practitioners and members of the Tunisian media.

The Afreximbank delegation included Rene Awambeng, Director, Client Relations; Abdel Aziz El-Marzougui of the Strategy and Innovation Department; Simon Dognima Silué of the Legal Services Department, and Zuhair Abdul Azim of the Administration Department.