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International Islamic Trade Finance Corporation (ITFC)

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    • H.E. Oussama Kaissi, CEO of ICIEC, Eng. Hani Salem Sonbol, CEO of ITFC, Dr. Mustafa Madbouli, Prime Minister of Egypt, Her Excellency Dr. Hala Al-Saeed, Minister of Planning and Economic Development, His Excellency, Dr. Mohamed Al-Jasser, President of IsDB Group, Prof. Benedict Oramah, President of Afreximbank, and Her Excellency Nevin Jama, Minister of Trade & Industry
    • H.E. Oussama Kaissi, CEO of ICIEC, Eng. Hani Salem Sonbol, CEO of ITFC, Dr. Mustafa Madbouli, Prime Minister of Egypt, His Excellency, Dr. Mohamed Al-Jasser, President of IsDB Group, Her Excellency Nevin Jama, Minister of Trade & Industry, Her Excellency Dr. Hala Al-Saeed, Minister of Planning and Economic Development, H.E. Dr. Rania Al-Mashat, Minister of International Cooperation
    • Eng. Hani Salem Sonbol, CEO of ITFC, Her Excellency Dr. Hala Al-Saeed, Minister of Planning and Economic Development, Dr. Mustafa Madbouli, Prime Minister of Egypt, His Excellency, Dr. Mohamed Al-Jasser, President of IsDB Group
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Source: International Islamic Trade Finance Corporation (ITFC) |

The International Islamic Trade Finance Corporation Signs Eight Landmark Agreements for Cooperation with the Public and Private Sectors during the 47th IsDB Group Annual Meeting in Egypt

Agreements were signed in the Presence of ’s Prime Minister Dr. Mustafa Madbouly and a Group of Egyptian Ministers and Leading Private Sector Executives

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org), a member of the Islamic Development Bank Group (IsDB), today signed eight strategic agreements to cooperate with the public and private sectors.  Four agreements were signed with various Egyptian Ministries as well as four agreements with Cameroon, Senegal, and Uzbekistan, and the…

International Islamic Trade Finance Corporation (ITFC)

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    • Arab-Africa Trade Bridges (AATB) Board of Governors Meeting Concludes with Way Forward to Drive Trade and Investment Flows
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Source: International Islamic Trade Finance Corporation (ITFC) |

Arab-Africa Trade Bridges (AATB) Board of Governors Meeting Concludes with Way Forward to Drive Trade and Investment Flows

The landmark event included a round table discussion on the role of the AATB Program in the implementation of the AfCFTA across both regions

The 3rd Annual Board of Governors (BoG) Meeting of the Arab-Africa Trade Bridges (AATB) Program recently held in Cairo, Egypt, chaired by Dr. Hala ElSaid, Minister of Planning and Economic Development, convened all partners, strategic stakeholders, and public and private sector players in the Program to reinforce the role of…

International Islamic Trade Finance Corporation (ITFC)

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    • During the Last Edition of IATF in Durban, South Africa, The International Islamic Trade Finance Corporation (ITFC) Organized Two Side Events, Under the AATB Program, to Share its Vision and Programs Aiming to Accelerate Trade Across the African Continent
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Source: International Islamic Trade Finance Corporation (ITFC) |

During the Last Edition of IATF in Durban, South Africa, The International Islamic Trade Finance Corporation (ITFC) Organized Two Side Events, Under the AATB Program, to Share its Vision and Programs Aiming to Accelerate Trade Across the African Continent

The week-long event saw the attendance of a diverse audience including government officials, policy-makers, industry leaders and institutional heads from African countries and other regions to discuss trade, the creative industry, Africa’s post-covid economic recovery and the contient’s position on global trade in the perspective of the African Continental Free Trade Area (AfCFTA)

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org) joined partners, involved parties in the Arab-Africa Trade Bridges (AATB) Program, strategic stakeholders and public and private sector players for the 2021 edition of the Intra-African Trade Fair (IATF) that took place in the city of Durban in South Africa. The ITFC…

International Islamic Trade Finance Corporation (ITFC)

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    • Roundtable on the Harmonisation of Standards for Pharmaceutical Products and Medical Devices in Africa during IATF 2021 in Durban
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Source: International Islamic Trade Finance Corporation (ITFC) |

Under the Arab Africa Trade Bridges (AATB) Program, ITFC, Afreximbank, BADEA and ARSO organized a High-level Roundtable on the Harmonisation of Standards for Pharmaceutical Products and Medical Devices in Africa during IATF 2021 in Durban

The week-long event brought together government officials, policy-makers, industry leaders and institutional heads from African countries and other regions to discuss the future of of the African Continental Free Trade Area (AfCFTA), trade, health and post-covid economic recovery

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org), the African Export-Import Bank (Afreximbank), Arab Bank for Economic Development in Africa (BADEA) and the African Organization for Harmonization (ARSO), Africa Continental Free Trade Area (AfCFTA) Secretariat,  joined other partners and strategic stakeholders for a strategic roundtable on the Harmonisation of Standards for Pharmaceutical products and…

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

Government of Pakistan and International Islamic Trade Finance Corporation (ITFC) signed New Framework Agreement amounting to US$ 4.5 billion

The Agreement will facilitate identification of other areas of cooperation at country and regional levels and to enhance and promote trade

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org) signed a 3-Year Framework Agreement for a cumulative amount of US$4.5 billion with the Government of Pakistan in order to provide financing for the import of essential commodities such as crude oil, refined petroleum products, LNG and urea. Within the context of…

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

International Islamic Trade Finance Corporation (ITFC) partners with International Trade Center (ITC) to launch the ‘Women in Global Trade: SheTrades’ Initiative in Egypt

Under the Aid for Trade Initiative for Arab States (AfTIAS) Framework, the Initiative will Boost Women Entrepreneurs’ Export Capacity

In its newest chapter in Egypt, the International Islamic Trade Finance Corporation (www.ITFC-idb.org), a member of the Islamic Development Bank (IsDB) Group, launched the “SheTrades” initiative in Egypt, which is implemented by the International Trade Center (ITC) within the framework of the Aid for Trade Initiative for Arab States (AfTIAS)…

International Islamic Trade Finance Corporation (ITFC)
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International Islamic Trade Finance Corporation (ITFC) signs a US$ 250 Million Framework Agreement to support the Development of Key Economic Sectors in the Republic of The Gambia

The agreement aims at boosting trade development across the country’s agriculture, energy, healthcare, and private sectors over a period of five years

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org), a member of the Islamic Development Bank (IDB) Group, has signed a new 5-Year Framework Agreement in favour of the Government of The Gambia that target to provide up to US$ 50 million to the country on an annual basis. The agreement,…

International Islamic Trade Finance Corporation (ITFC)

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    • International Islamic Trade Finance Corporation (ITFC) partners with United Nations Industrial Development Organization (UNIDO) to support Egypt’s cotton sector and Sudan’s dairy sector
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Source: International Islamic Trade Finance Corporation (ITFC) |

International Islamic Trade Finance Corporation (ITFC) partners with United Nations Industrial Development Organization (UNIDO) to support Egypt’s cotton sector and Sudan’s dairy sector

The two institutions will ensure that these sectors remain resilient with increased production, easier access to finance and an enhanced safe operating environment for workers

The International Islamic Trade Finance Corporation (ITFC) (ITFC-idb.org), a member of the Islamic Development Bank Group (IsDB) and the United Nations Industrial Development Organization (UNIDO) (www.UNIDO.org) today held a high-level bilateral meeting to highlight two project agreements in a virtual kick-off ceremony with Eng. Hani Salem Sonbol, CEO of ITFC…

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

Kyrgyz Republic’s Small and Medium-sized Enterprises (SMEs) Sector to Benefit from International Islamic Trade Finance Corporation's (ITFC) US $4 Million Line of Trade Financing Facility

Latest financing agreement with Commercial Bank Kyrgyzstan to meet the trade finance needs of its private sector clients in their recovery from the impact of COVID-19 pandemic

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org), a member of the Islamic Development Bank (IsDB) Group, has signed a trade finance agreement with Commercial Bank Kyrgyzstan (CBK). The US $4 Million facility, which is the second Line of Trade Finance Facility that ITFC is extending to CBK, is aimed…

International Islamic Trade Finance Corporation (ITFC)

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    • Eng. Hani Salem Sonbol, CEO of ITFC and H.E. Alamine Ousmane Mey, Minister of Economy, Planning and Regional Development (IsDB Governor)
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Source: International Islamic Trade Finance Corporation (ITFC) |

ITFC and the Republic of Cameroon Sign a US$750 Million Three-year Framework Agreement to Support Cameroon’s Key Sectors through Integrated Trade Solutions

A EUR 98 Million Murabaha financing agreement with SODECOTON was also signed to facilitate the purchase of agricultural inputs and cotton seeds

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), a member of the Islamic Development Bank Group (IsDB) and the Republic of Cameroon have signed on April 12, 2021 two agreements in a virtual signing ceremony between H.E. Alamine Ousmane Mey, Minister of Economy, Planning and Regional Development (IsDB Governor) and…