During the AFREXIMBANK Annual Meetings held in Abuja, Nigeria, a strategic partnership agreement was signed on June 27, 2025 between the Tunisia Consortium for African Development (TUCAD), represented by its president, Mr. Anis Jaziri, and Ms. Kanayo Awani, Executive Vice President of AFREXIMBANK. The ceremony was attended by Mr. Mourad Abdesslem, Vice-Governor of the Central Bank of Tunisia (BCT), Mr. Mohsen Antit, Ambassador of Tunisia to Nigeria, Mr. Aymen Zoghbi, Director of the Trade, Investment and Corporate Finance Department at AFREXIMBANK, and Mr. Hafedh Ben Aifa, North Africa Regional Manager at the bank.
This ambitious partnership aims to support TUCAD in financing impactful projects with a strong impact on the African continent.
TUCAD is an innovative initiative led by the Tunisia Africa Business Council (TABC), bringing together leading Tunisian companies operating in strategic sectors such as infrastructure, energy, water, technology, construction, logistics, sanitation, maritime services, and engineering. By pooling their expertise, these companies aim to offer an integrated solution based on the EPC model (Engineering, Procurement, and Construction), ranging from strategic advice to project implementation.
The goal of TUCAD is clear: mobilize Tunisian skills to support African countries in the design, financing, and execution of their development projects, promoting complementarity, operational excellence, and local value creation.
On the other hand, AFREXIMBANK is a key player in financing development in Africa. Under the leadership of Professor Benedict Oramah, the bank has strengthened its role as a catalyst for economic transformation, with a portfolio of commitments totaling several hundred billion dollars. It finances impactful projects in key sectors such as industrialization, infrastructure, agribusiness, logistics, energy, and health, through innovative instruments, dedicated credit lines, and structuring programs such as the Intra-African Trade Fair (IATF) and the African value chain development program.
The signing of this agreement illustrates the confidence placed by AFREXIMBANK in Tunisian expertise and marks a decisive step for the establishment of TUCAD as a leading regional player in the development of high value-added projects. It also paves the way for enhanced cooperation in technology transfer, industrial sovereignty, and the acceleration of economic integration in the African continent.
