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ITFC signs $200 million syndicated financing agreement with Africa-Export-Import Bank

The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB) Group, has signed a US$200 million syndicated Murabaha financing agreement with African Export-Import Bank (Afreximbank) to finance projects aimed at addressing the impacts of Covid-19 on the economics of African countries. The agreement signed with the multilateral financial institution established…

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