ITFC financing to strengthen Tunisia’s trade efficiencies

The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB) Group, signed a framework agreement with the Ministry of Economy, Finance and Investment Support, to increase trade flows and build trade capacity. The US$1.5bn agreement is aimed at supporting Tunisian state-owned companies to finance the importation of essential commodities such as energy and industrial products amongst others, as well as to access trade development programmes to drive exports and promote inter-regional trade with other Arab and African countries. The agreement aims to make way for further cooperation…

4800 Tunisian entrepreneurs to benefit from Tashil program

Brieuc Cardon, DG Advans Tunisia said, Monday during an interview with Express FM radio, that Advans Tunisia is a microfinance institution, part of a global group leader in the field, which is present in 9 countries in Africa and Asia. He added that through these countries, the institution already serves nearly one million entrepreneurs and farmers. He explained that Advans has been present in Tunisia since 2015 and has granted 45,000 credits for more than 320 million dinars in total. “We have 16 branches in all governorates of the country,…