AfDB Vows Aid for Tunisia's Democratic Transition

Tunisians flood the streets of Tunis for a demonstration urging the former ruling Constitutional Democratic Rally to withdraw its support to the interim Tunisian government on Jan. 19. The African Development Bank has pledged aid for Tunisia's democratic transition. Photo by: Nasser Nouri

The African Development Bank has pledged wide-ranging support for Tunisia’s transiton to democratic rule.

In a Feb. 14 meeting with Tunisian Prime Minister Mohamed Ghannouchi, AfDB President Donald Kaberuka said the regional lender is prepared to provide economic, human and technical resources to support the Arab nation’s democratic transition following the ouster of former President Ben Ali’s two-decade regime in January.

AfDB’s pledge follows a similar pronouncement from Germany. Last week, the German government offered aid for elections and judicial reforms in Tunisia.

>> Germany Commits Aid for Tunisian Poll, Judicial Reforms

Kaberuka said the bank is keen on supporting job creation, infrastructure and the fight against poverty in Tunisia, noting the importance of bolstering institutional governance there. AfDB’s aid for Tunisia, where the bank is temporarily headquartered, could be in the form of accelerated direct budget support disbursement, loans, guarantees or technical assistance, according to an AfDB news release.

The bank’s total portfolio in Tunisia amounts to USD1.4 billion, of which 80 percent has already been disbursed, the AfDB chief said.

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About the author

  • Ma. Rizza Leonzon

    As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.