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FINANCIAL NEWS
Saudi-ITFC inks USD450mn development accord with Burkina Faso
16 May 2017
(MENAFN) The Intl Islamic Trade Finance Corp (ITFC) has inked an USD450mn socioeconomic development deal with the government of Burkina Faso.
Furthermore, the framework deal plans to finance and support Burkina Faso’s export of agricultural commodities, particularly cotton, import of energy commodities like crude oil and petroleum products.
Accordingly, the deal comes amid the framework of ITFC’s keenness to help and upgrade trade and trade co-op between the member nations.
The agreement will enable Burkina Faso government to continue on supporting the aimed sectors and enhancing its investment program that aims at developing the lives of individuals.
MENAFN1605201700450000ID1095482001
MENAFN1605201700450000ID1095482001
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