Afreximbank, Others Unveil $1.5bn Facility To Support Food Production         The African Export-Import Bank (Afreximbank) has partnered with the International Islamic Trade Finance Corporation (ITFC), the Trade Finance Arm of the Islamic Development Bank (IsDB) Group; and the Arab Bank For Economic Development in Africa (BADEA),...

Afreximbank, others inaugurate $1.5 bn facility to tackle African COVID-19 Impact  The African Export-Import Bank (Afreximbank) has inaugurated a 1.5 billion dollar collaborative COVID-19 Pandemic Response Facility (COPREFA) to support African economies with rapid financial assistance to reduce the impact of COVID-19. Afreximbank and its collaborators in Cairo,...

ITFC, Egypt sign $3b agreements  A $3bn agreement has been signed by the International Islamic Trade Finance Corporation (ITFC) announced the Government of the Arab Republic of Egypt. The first Master Murabaha agreement was signed by Eng. Hani Salem Sonbol, Chief Executive Officer ITFC and Ahmed...