AFREXIMBANK INVEST MORE THAN A BILLION DOLLARS OF INVESTMENT AND PLANNED TO OPPENING A NEW OFFICE IN TUNISIA

Amr Kamel, vice-president of Afreximbank was present, this Wednesday, February 5, 2020, with Wassim Ben Larbi on the Expresso program to return to the activities of Afreximbank, and this, on the sidelines of the 3rd edition of the international conference “Financing Investment & Trade in Africa 2020” (FITA 2020).

Amr Kamel said that Afreximbank aims to stimulate an expansion and diversification of African trade in order to increase Africa's share in world trade, by being a socially responsible financial institution "our vision is to consolidate the position of the Bank as a trade finance bank for Africa ”.

Amr Kamel said the Afreximbank has a budget of 15 billion dollars, with 5 large regional offices on the African continent, announcing that it is planned to open a new office in Tunisia, "The development of transactions with the Tunisia allow the opening of a new office. Besides, negotiations are underway with the Tunisian authorities. "

On the other hand, he said that Afreximbank will allocate $ 500 million to Tunisian companies in the public and private sectors, and $ 500 million to Tunisian public and private banks. "The 500 million dollars for the benefit of Tunisian public companies will be dedicated to projects in the renewable energy sector and in petroleum".

Coming back to his meeting with the President of the Republic, Ka?s Sa?d, Amer Kamel said that it was a meeting of courtesy. "We have examined the health town project in Kairouan envisaged by the President of the Republic, and I have promised to see what we can do at this level".

Source : #Expressfm