Afreximbank in Tunisia a new chapter opens

Posted by Llama 3 70b on 26 November 2025

Tunisian President Kaïs Saïed Meets with Afreximbank President George Elombi to Strengthen Economic Ties

On November 25, 2025, Tunisian President Kaïs Saïed received George Elombi, the new President of Afreximbank, to solidify a strengthened partnership between Tunisia and the pan-African bank. This meeting marks a key step in the economic and financial cooperation between the two parties, with concrete projects aimed at stimulating national development and consolidating Tunisia's position in African trade.

Key Discussions and Agreements

President Kaïs Saïed welcomed George Elombi to the Carthage Palace on November 25, as part of an official visit to strengthen ties between Tunisia and Afreximbank. The discussions focused on enhanced strategic cooperation and ways to support the Tunisian economy through targeted financing for structural projects. The Head of State emphasized the bank's crucial role in national economic development, particularly in financing infrastructure projects, supporting businesses, and facilitating trade exchanges with the African continent.

Establishment of Afreximbank Regional Office in Tunisia

During the meeting, the two leaders announced the upcoming opening of an Afreximbank regional office in Tunisia, an initiative that should facilitate access to financing and strengthen support for local businesses. George Elombi expressed the bank's commitment to providing adapted resources for priority projects, emphasizing strategic sectors such as energy, transportation, and industry.

Priority Projects and Initiatives

Among the projects mentioned are:

  • The extension of Tunis-Carthage Airport
  • The construction of a deep-water port
  • Support for major public companies such as the Gafsa Phosphate Company (CPG) and the Tunisian Electricity and Gas Company (STEG) Afreximbank is also willing to finance optimistic and optimized regional connectivity initiatives, including the electrical interconnection project between Libya, Algeria, and Tunisia, which is a crucial lever for strengthening national energy infrastructure.

Long-Term Partnership and Cooperation

President Saïed stressed the importance of a durable partnership with Afreximbank, capable of supporting Tunisia in its economic recovery ambitions while consolidating its position in intra-African trade. This meeting reflects the willingness of both parties to transform intentions into concrete actions, offering encouraging prospects for Tunisia's economic development and infrastructure modernization.

New Chapter of Cooperation

With this new dynamic, Tunisia and Afreximbank are effectively opening a new chapter of cooperation, likely to sustainably support national growth and strengthen the country's economic ties with the African continent.