- Amen Bank has reaffirmed its strong interest in supporting the renewable energy market and, more broadly, green financing.
- Chairman of Amen Bank’s Executive Board also urged all companies to innovate and invest, stating that Tunisia’s banking sector must play a catalytic role by stepping up its efforts, mainly through revised financing mechanisms and enhanced energy efficiency.
Amen Bank has reaffirmed its strong interest in supporting the renewable energy market and, more broadly, green financing. Amen Bank will capitalise on the opportunities presented by Tunisia’s national energy and environmental transition, including pollution-control and eco-friendly projects.
In this context, the bank held an event on Monday, June 23, 2025, titled “Amen Bank, a Reference Bank for Supporting Tunisian Enterprises,” dedicated to the energy transition and renewable energy sectors.
The event, which targeted its partners and stakeholders, aimed to foster dialogue, share best practices, and explore concrete solutions to support the energy transformation of Tunisian businesses.
During his speech, Néji Ghandri, Chairman of Amen Bank’s Executive Board, emphasised that the energy transition is no longer optional but a necessity.
He stressed the need to adopt self-production mechanisms and improve business competitiveness to reach the goal of 35 per cent renewable energy.
Ghandri also urged all companies to innovate and invest, stating that Tunisia’s banking sector must play a catalytic role by stepping up its efforts, mainly through revised financing mechanisms and enhanced energy efficiency.
23 Renewable Energy Projects in 2024
Designated Tunisia’s first “green bank” in 2022, Amen Bank supported 23 renewable energy projects in 2024 and plans to expand its involvement in 2025.
Ghandri reiterated the bank’s commitment to facilitating access to finance for SMEs engaged in renewable energy projects, offering tailored financial products and favourable terms.
“We have mobilised 100 million dinars to support both large companies and SMEs,” he said, noting that priority is being given to high energy-consuming sectors as part of a decarbonization strategy.
Amen Bank places a strong emphasis on energy efficiency, which it considers a crucial pillar of Tunisia’s new development strategy.
Tunisia’s Energy Goals
Tunisia aims to produce 35 per cent of its electricity from renewable energy. Currently, nearly all of its electricity comes from burning natural gas, more than half of which is imported, a situation that threatens the country’s energy security and burdens its national budget.
Yet the potential for energy efficiency and renewable energy in Tunisia is vast. The country’s energy transition strategy includes a 30 per cent reduction in primary energy demand by 2030, a 35 per cent of electricity production from renewables by 2030, a 45 per cent cut in greenhouse gas emissions compared to 2010 and climate neutrality by 2050.
These goals would help mitigate the impact of rising energy prices, relieve pressure on public finances, and foster value creation and job growth. However, implementation of this transition strategy is lagging due to slow and complex procedures.