Oulimata Sarr secures $400 million IDB trade facility
The Senegalese Minister of Economy signed a financing commitment from ITFC, the Islamic Development Bank’s subsidiary, for promoting and supporting trade.
Someone shares this article with you
▪ Oulimata Sarr secures $400 million IDB trade facility
▪ The Senegalese Minister of Economy signed a financing commitment from ITFC, the Islamic Development Bank’s subsidiary, for promoting and supporting trade.
▪ https://www.africabusinessplus.com/en/814603/oulimata-sarr-secures-400-million-idb-trade-facility/
The deal promises roughly $400 million in financial commitments for this year alone. The State of Senegal concluded the agreement on 30 January with the International Islamic Trade Finance Corporation (ITFC), a subsidiary of the Islamic Development Bank (IDB) headquartered in Jeddah, Saudi Arabia.
This article is for subscribers only. To read more, subscribe with a special offer.
You are connected to your Jeune Afrique account but your Africa Business+ subscription does not allow you to consult the English version. To update your subscription, contact us by clicking here.
Recommended articles
Agribusiness
14/11/2023 at 15h54, by Africa Business+
South African fund manager Challenger seeks investors for open-ended fund
The trade finance-focused asset manager hopes to raise over $1 billion in a decade.
Development Bank
03/11/2022 at 17h27, by Africa Business+
EBID : George Agyekum Donkor obtains $2 billion capital increase
The project to raise EBID’s authorised capital is part of the 2020-2025 strategic plan deployed by the...
Development Bank
25/05/2022 at 18h46, by Africa Business+, updated 26/05/2022
EBID President George Agyekum Nana Donkor wants to raise CFAF 1.3 trillion by 2025
The bank president, currently piloting a new loan of CFAF 120 billion on the regional market, is preparing...
Development Bank
13/04/2022 at 16h42, by Africa Business+
Olavo Correia appointed Chairman of EBID Board of Governors
The Minister of Finance of Cape Verde, Olavo Correia, has taken over the chairmanship of the political...
Development Bank
11/04/2022 at 18h36, by Africa Business+
EBID: George Agyekum Nana Donkor launches second tranche of bonds for CFAF120 billion
The first tranche of CFAF 50 billion was 258% oversubscribed, with an express closing within a few hours.
Any questions ? contact us
Please get in touch with the Africa Business+ team if you require any further information.
Email us : customer.care@africabusinessplus.com
Add AB+ to your home screen
1. Click on at the bottom of your screen.
2. Click on to add AB+ on the home screen.
3. Enter the name of the shortcut and confirm.