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Finance Bill 2027 to subsidize export insurance for Africa
The draft budget law for 2027 stipulates that the state will cover 50% of export insurance premiums aimed at the African market, in order to support the integration of Tunisian companies into this market, particularly within the frameworks of COMESA and ZLECAF agreements. The provisions specify that this support includes insurance contracts in accordance with the provisions of the Insurance Code, and will be available for a one-year period, extendable. It will be managed by a company representing the Export Risk Guarantee Fund. This measure aligns with the 2022 decree which approved state support for the same percentage on exports to Sub-Saharan Africa, with the goal of enhancing Tunisian companies’ opportunities in African markets.
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