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Find all the economic and financial information on our Orishas Direct application to download on Play StoreOn June 30, 2025, the Board of Directors of the African Development Bank Group approved in Abidjan, a facility for trade finance transaction. An amount of 50 million US dollars has been approved at the International Arab Bank of Tunisia (BIAT) for trade promotion
.The transaction guarantee will support the imports of inputs, production machines, and telecommunications and electronic equipment. renewable energy needed to support the industrialization process in Tunisia. The guarantee will also facilitate imports of basic necessities to meet local demand in the short term, although agribusiness and light manufacturing are the main sectors targeted by this intervention. According to Ahmed Attout, director of the Financial Sector Development Department at the Group of Banque africaine de développement , “this facility will allow the to Banque africaine de développement provide up to 100% of guarantee to confirming banks to facilitate the confirmation of letters of credit and other similar trade finance instruments issued by BIAT for the benefit of large local businesses and small and medium-sized enterprises, including businesses run by women. ”.
For her part, Malinne Blomberg, Deputy Director General of the Bank Group for North Africa and head of the institution's country office in Tunisia indicated that “by supporting the imports of inputs, equipment and production machines necessary for the promotion of the manufacturing industry, this facility makes it possible to contribute to job creation and economic diversification through the development of the private sector.” Over a period of three years, the facility will benefit large local businesses and SMEs, including those run by women
.
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03/07/2025 - Secteurs
03/07/2025 - Secteurs
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