International Islamic Trade Finance Corporation (ITFC)
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    • ITFC CEO, Eng. Hani Salem Sonbol & H.E. Oulimata Sarr, Minister of Economy, Planning, and Cooperation of the Republic of Senegal
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Source: International Islamic Trade Finance Corporation (ITFC) |

The International Islamic Trade Finance Corporation (ITFC) Signs Euro 400 million 2023 Annual Plan with the Republic of Senegal and the Arab Africa Trade Bridges Country Program to Support the Key Sectors

Signed Agreements to Provide Trade Finance and Development Support for Continued Economic Recovery and to Offer New Support for the ‘Plan Sénégal Emergent’

The International Islamic Trade Finance Corporation (ITFC) (http://www.ITFC-idb.org), a member of the Islamic Development Bank Group (IsDB), today signed a Euro 400 million 2023 Annual Plan with the Republic of Senegal, within the revised US$1.5 billion five-years Framework Agreement signed in 2021 to include new priority sectors. The Annual Plan…

International Islamic Trade Finance Corporation (ITFC)
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    • Arab Africa Trade Bridges (AATB) Program Hosts Series of Bilateral Trade Business to Business (B2B) Meetings in Casablanca, Morocco (1)
    • Arab Africa Trade Bridges (AATB) Program Hosts Series of Bilateral Trade Business to Business (B2B) Meetings in Casablanca, Morocco (2)
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Source: International Islamic Trade Finance Corporation (ITFC) |

Arab Africa Trade Bridges (AATB) Program Hosts Series of Bilateral Trade Business to Business (B2B) Meetings in Casablanca, Morocco

Meetings highlight AATB’s Commitment to Creating an Enabling Platform for Arab and African Businesses to Collaborate

30th January 2023 – The Arab-Africa Trade Bridges (AATB) Program, a multi-donor, multi-country, and multi-organizations program organized the 3rd Arab African Buyers/Sellers Meeting on Agri-food and Derivative Products in Morocco. The two-day event brought together leading agricultural and food industry professionals from across the Arab and African regions. Emphasizing the…

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    • The International Islamic Trade Finance Corporation under 2nd Phase of the Aid for Trade Initiative for the Arab States (AFTIAS 2.0) Launches STEP Training to Boost the Capacities of Egyptian Exporters
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Source: International Islamic Trade Finance Corporation (ITFC) |

The International Islamic Trade Finance Corporation under 2nd Phase of the Aid for Trade Initiative for the Arab States (AFTIAS 2.0) Launches STEP Training to Boost the Capacities of Egyptian Exporters

Eng. Hani Salem Sonbol, CEO of ITFC: The training program aims to promote a thriving entrepreneurial ecosystem to diversify Egypt’s economy, enhance the role of the private sector and strengthen the integration of local SMEs into local and global supply chains

The International Islamic Trade Finance Corporation (ITFC) (http://www.ITFC-idb.org), the Micro, Small, and Medium Enterprises Development Agency (MSMEDA), and the Foreign Trade Training Center, part of Egypt’s Ministry of Trade and Industry, launched the STEP 2 training for exporters to boost the capacities of Egyptian entrepreneurs and incorporate their products and…

International Islamic Trade Finance Corporation (ITFC)
Source: International Islamic Trade Finance Corporation (ITFC) |

International Islamic Trade Finance Corporation (ITFC) Launches Documentary on the Senegal Edition of the Corporation’s West Africa Small and Medium Enterprises (SME) Program

Documentary Showcases the Program’s Impact on SMEs During the Covid Pandemic

The International Islamic Trade Finance Corporation (ITFC) (http://www.ITFC-idb.org), a member of the Islamic Development Bank Group (IsDB), will be premiering a documentary on the second country pilot of the West Africa SME Program that was launched in Senegal in 2019. The documentary will air on Afrique Media TV from the…

International Islamic Trade Finance Corporation (ITFC)
Source: International Islamic Trade Finance Corporation (ITFC) |

International Islamic Trade Finance Corporation (ITFC) & Islamic Solidarity Fund for Development (ISFD) Ink US$ 150 Million Partnership to Support Least Developed Member Countries (LDMCs)

The initial beneficiaries of this program are Benin, Burkina Faso, The Gambia, Mali, Senegal, Sierra Leone, Togo, Chad, Comoros, Djibouti, Mauritania, and Uganda

The International Islamic Trade Finance Corporation (ITFC) (http://www.ITFC-idb.org) and the Islamic Solidarity Fund for Development (ISFD), both members of the Islamic Development Bank (IsDB) Group, have announced the signing of the Trade Finance Support Program for the least developed member countries (LDMCs) affected by the COVID-19 and the food security…

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    • The Arab-Africa Trade Bridges Program Concludes its Business Matching Activity (B2B Event) on Pharmaceutical Products & Medical Devises Industries
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Source: International Islamic Trade Finance Corporation (ITFC) |

The Arab-Africa Trade Bridges Program Concludes its Business Matching Activity (B2B Event) on Pharmaceutical Products & Medical Devises Industries

The B2B Event Provided Engagement Opportunities for Businesses across Africa and Arab Regions to Build Strategic Partnerships Leading into 2023

The Arab-Africa Trade Bridges (AATB) Program, a multi-donor, multi-country, and multi-organizations program in partnership with the Ministry of Economy and Planning of the Republic of Tunisia organized a business matching event on pharmaceutical products and medical devices from the 1st to the 2nd of December 2022 in Tunisia. The organization…

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    • Joint African Continental Free Trade Area Implementation Support Project Announces Progress Update
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Source: International Islamic Trade Finance Corporation (ITFC) |

Joint African Continental Free Trade Area Implementation Support Project Announces Progress Update

Project Activities Strengthened Agreement Implementation in Burkina Faso, Guinea, Niger, Senegal, and Togo

The African Continental Free Trade Area Implementation Support Project, a joint project established and funded by the United Nations Economic Commission for Africa (ECA), the Enhanced Integrated Framework (EIF), Islamic Development Bank (IsDB), the International Islamic Trade Finance Corporation (ITFC) (http://www.ITFC-idb.org) and the Trade Development Fund (TDFD), today announced a number of…

Source: International Islamic Trade Finance Corporation (ITFC) |

Regional Voluntary Carbon Market Company (RVCM) and the International Islamic Trade Finance Corporation (ITFC) to Partner on Driving Islamic Finance Towards Climate Action

The collaboration will open doors for promoting the Voluntary Carbon Market within the Organization of Islamic Cooperation (“OIC”)

The partnership will utilize Islamic finance to combat climate change. The collaboration will open doors for promoting the Voluntary Carbon Market within the Organization of Islamic Cooperation (“OIC”). The partnership will open doors to provide advisory and financing services to businesses aiming to offset their carbon footprint or seeking to…

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    • Panel Discussion on Cotton Traceability and Resilience During COP27 (1)
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Source: International Islamic Trade Finance Corporation (ITFC) |

The International Islamic Trade Finance Corporation (ITFC) and United Nations Industrial Development Organization (UNIDO) Egypt Host a Panel Discussion on Cotton Traceability and Resilience During COP27

Panel Discussion Showcased Economic Potential of Promoting Sustainable Textile and Cotton Sector in Egypt and Sub-Saharan Africa

On the sidelines of the ongoing 27th United Nations Climate Change Conference (COP 27) in Sharm el Sheikh, the International Islamic Trade Finance Corporation (ITFC) (http://www.ITFC-idb.org), a member of the Islamic Development Bank Group (IsDB), organized a joint session with United Nations Industrial Development Organization (UNIDO) Egypt titled ‘Egyptian and…

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    • The Arab-Africa Trade Bridges Program Provides Progress Update on Driving Economic Integration Between the Regions
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Source: International Islamic Trade Finance Corporation (ITFC) |

The Arab-Africa Trade Bridges Program Provides Progress Update on Driving Economic Integration Between the Regions

Egypt and Tunisia Country Programs Actions Accelerated and Pharmaceutical Harmonization Initiative Created Momentum in Synchronizing Standards

A year-to-date (YTD) progress report on the Program's primary activities and strategic initiatives was released today by the Arab-Africa Trade Bridges Program (AATB Program), a multi-donor, multi-country, and multi-organizations program that aims to promote and increase trade and investment flows between African and Arab OIC Member Countries. With the mandate…