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…

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…

International Islamic Trade Finance Corporation (ITFC)
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    • Minister of Finance and Banking Sector, Comoros, H.E. Kamalidini Souef & CEO of ITFC, Eng. Hani Salem Sonbol
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Source: International Islamic Trade Finance Corporation (ITFC) |

ITFC Provides €35 Million in Financing to Support Energy and Food Security in Comoros

Funding to Support the Import of Petroleum products, LPG and Food Commodities

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org), approved two new financing facilities for EUR 35 million in favor of the Union of Comoros, with EUR 25 million dedicated to support the import of energy commodities such as petroleum products and LPG, while EUR 10 million will be allocated to…

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    • The Arab Africa Trade Bridges Program (AATB) Extends its Support for OCP Africa’s Agribooster Program in Côte d’Ivoire
    • ITFC-OCPA signing Agribooster
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Source: International Islamic Trade Finance Corporation (ITFC) |

The Arab Africa Trade Bridges Program (AATB) Extends its Support for OCP Africa’s Agribooster Program in Côte d’Ivoire

ITFC Partners with OCP Africa to Support Côte d’Ivoire’s Agriculture Output and Train 20,000 Farmers

The Arab Africa Trade Bridges (AATB) Program, a multi-partner Program led by the International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org), partners with OCP Africa for supporting OCP Africa’s Agribooster Program to reach rice farmers and enhance agriculture value chains within Côte d’Ivoire. The agreement was signed by Dr. Mohamed Anouar…

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

Hajjar: New project to be designed for enhanced dates sector production chain competitiveness and hence increased exports and jobs

First ever international virtual exhibition for Madinah dates organised under Aid for Trade Initiative for Arab States (AfTIAS)

Under the patronage of HRH Prince Faisal bin Salman bin Abdul Aziz Al Saud, Governor of the Madinah Province, the Madinah Chamber of Commerce and Industry (MCCI), in cooperation with the Islamic Development Bank Group (IsDBG), the International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org) and the International Trade Centre (ITC), will…

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

International Islamic Trade Finance Corporation (ITFC) to enhance Groundnut Oil Quality Standards and boost Senegalese Export Capabilities

Technical Assistance in favour of SONACOS to boost global value chains, groundnut oil processing standards and Senegalese export capabilities as it seeks to enter new markets

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), a member of the Islamic Development Bank (IsDB) Group, has approved a Grant Agreement for the Senegalese Groundnut Oil Processing Company, SONACOS, to acquire new laboratory analysis equipment. The Technical Assistance will enable SONACOS to acquire equipment that will specifically enable the…

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

The Islamic Development Bank and The International Islamic Trade Finance Corporation hold a webinar on AgriTech & Digital Supply Chain

The webinar explored opportunities for leveraging the digital transformation to drive the global supply chain, trade, and investments in the agricultural sector

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org) and the Islamic Development Bank (IsDB) (Agriculture Division) in collaboration with IsDB Group Business Forum (THIQAH) jointly held a live webinar entitled “The Role of AgriTech in Food Security & Sustainability” to discuss sustainable climate-smart agricultural technologies for achieving food and nutrition…

Source: International Islamic Trade Finance Corporation (ITFC) |

Joint Statement by heads of multilateral development banks and the World Trade Organization (WTO) on supporting trade finance during the COVID-19 crisis

Since the beginning of the COVID-19 outbreak, multilateral development banks have stepped up trade finance programs to support essential imports and key exports

The COVID-19 pandemic has provoked the deepest economic downturn of our lifetimes. In addition to the ongoing shocks to supply and demand, international trade has been affected by a reduction in the supply of trade finance. Risk perceptions about non-payment in international trade are at the highest levels in a…

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

International Islamic Trade Finance Corporation Finances Afreximbank with US$200 Million COVID-19 Response Package for the Agriculture Sector in Sub Saharan Africa

Murabaha financing agreement delivers critical support for thousands of farmers exporting food commodities across the continent as COVID-19 impacts global food commodity prices

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), member of the Islamic Development Bank (IsDB) Group, signed a US$200 million syndicated Murabaha financing agreement with the African Export-Import Bank (Afreximbank), a multilateral financial institution established by African governments and institutional investors. The facility seeks to help African countries address some…

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

International Islamic Trade Finance Corporation (ITFC) supports Senegal’s COVID-19 Plan with EUR 8 Million disbursement for the Private Sector

The financing is aimed at helping Senegal to continue to contribute to economic inclusion by gearing capital towards the private sector

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), a member of the Islamic Development Bank (IsDB) Group, has approved a Murabaha Financing of EUR 8 million for the Senegalese bank, Banque Islamique du Sénégal (BIS), to support the Bank’s trade finance operations within Senegal’s private sector. The financing is aimed…