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TunisiaADAPT partners with STB for a financial support mechanism
The SOCIETE TUNISIENNE DE BANQUE (STB) has entered into a strategic partnership with the ADAPT – Appui au Développement durable dans les secteurs de l’Agriculture et de la Pêche en Tunisie program, a European Union-funded initiative aimed at promoting sustainable development in Tunisia’s agriculture and fishing sectors. This collaboration is part of the ADAPT program’s second phase, which includes a financial support mechanism with a budget of approximately 25 million euros.
The partnership focuses on enhancing the capabilities of STB employees to promote and facilitate access to the ADAPT Invest Fund, which provides financial support to private investments in sustainable agriculture and fishing projects. A training session was organized jointly by the Italian AICS La Habana – Italian Agency for Development Cooperation) and STB to educate bank staff on the new financial support mechanism and its application process.
Zeineb Kassab, Director of Corporate Social Responsibility and Sustainable Development at STB, emphasized the bank’s commitment to sustainable development in the agriculture and fishing sectors, aligning with its corporate social responsibility strategy. The partnership aims to support a green and inclusive economy by encouraging private investments in these sectors.
The ADAPT program, implemented by AICS Tunis in collaboration with the World Food Programme (WFP), contributes to Tunisia’s development with an innovative, equitable, and environmentally friendly approach. It targets private investments as a driver of economic, social, and environmental change, with a focus on security, food self-sufficiency, and natural resource management.
Countries covered:
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Tunisia
