Tunisia Secures $500 Million Financing Agreement with Afreximbank
The Central Bank of Tunisia (BCT), acting on behalf of the Tunisian state, has signed a $500 million financing agreement with the African Export-Import Bank (Afreximbank).
Key Details of the Agreement
- The agreement was concluded on June 16, 2026, in Cairo.
- It was signed by the Governor of the Central Bank of Tunisia, Fethi Zouhaier Nouri, and the President of Afreximbank, George Elombi.
Purpose of the Financing
The financing is intended to support the mobilization of external resources as outlined in the 2026 Finance Law. Specifically, it will primarily be used to finance the importation of strategic goods, particularly in the energy and food sectors.
Context and Significance
This agreement is part of the ongoing cooperation between Tunisia and Afreximbank, of which Tunisia is a founding member. It comes at a time when authorities are seeking to secure essential supplies and strengthen external financial balances.
Broader Implications
The Central Bank notes that this operation is part of a larger effort to strengthen the role of African financial institutions in financing the continent's economies.