A subsidiary of Agrihouse Communication
Friday, October 31, 2025
AgriWatchGH
  • Agrihouse Trends
    • All
    • Agri-Influencer
    • Agri-Woman
    • Weekly Articles
    Agrihouse Foundation Welcomes PUM Expert from Netherlands to Strengthen Institutional Capacity

    Agrihouse Foundation Welcomes PUM Expert from Netherlands to Strengthen Institutional Capacity

    Agrihouse Foundation’s Executive Director Among Distinguished Speakers for the 14th Ghana Economic Forum

    Agrihouse Foundation’s Executive Director Among Distinguished Speakers for the 14th Ghana Economic Forum

    Alberta Speaks at the World Food Forum Opening Ceremony at FAO Headquarters  in Rome, Today 

    Alberta Speaks at the World Food Forum Opening Ceremony at FAO Headquarters  in Rome, Today 

    Transformation of Ghana’s agriculture will not be complete without active involvement of women – Agric Minister

    Transformation of Ghana’s agriculture will not be complete without active involvement of women – Agric Minister

    Peasant farmers warn Ghana’s .5bn food import bill could rise over galamsey

    Peasant farmers warn Ghana’s $3.5bn food import bill could rise over galamsey

    Vatican Invites Agrihouse Foundation’s  Founder to Share Africa’s Voice on Food Systems at World Meeting on Human Fraternity

    Vatican Invites Agrihouse Foundation’s  Founder to Share Africa’s Voice on Food Systems at World Meeting on Human Fraternity

    FAO Champions Inclusion in  Status of the Youth in Agrifood Systems  Report

    FAO Champions Inclusion in Status of the Youth in Agrifood Systems Report

    Boost to Bloom Training Equips Over 180 Farmers in Nungu with Practical Pepper Production Skills

    Boost to Bloom Training Equips Over 180 Farmers in Nungu with Practical Pepper Production Skills

    Agrihouse Foundation’s Executive Director Appointed  Co-Director for Rural Hack’s Food Systems 5.0 Summer School In Italy

    Agrihouse Foundation’s Executive Director Appointed Co-Director for Rural Hack’s Food Systems 5.0 Summer School In Italy

    • Agri-Influencer
    • Agri-Woman
    • Weekly Articles
  • National Trends
    • All
    • Crops
    • Fertilizer
    • Livestock
    • Machinery
    • Technology
    Peasant Farmers Plead for Urgent Support as 200,000 Metric Tons of Local Rice Remain Unsold

    Peasant Farmers Plead for Urgent Support as 200,000 Metric Tons of Local Rice Remain Unsold

    Ho to Host the largest National Farmers Day Exhibitions, 1-5 December   

    Ho to Host the largest National Farmers Day Exhibitions, 1-5 December  

    Peasant Farmers Call for Urgent Financial Support for Buffer Stock Company to Buy Excess Local Rice

    Peasant Farmers Call for Urgent Financial Support for Buffer Stock Company to Buy Excess Local Rice

    Volta Region to Host 41st National Farmers’ Day Celebration, December 5

    Volta Region to Host 41st National Farmers’ Day Celebration, December 5

    CultiWise autonomous crop monitoring system “ScoutAI” recognized as future-farming innovation

    CultiWise autonomous crop monitoring system “ScoutAI” recognized as future-farming innovation

    GVMA hails govt’s ‘Feed Ghana Programme’ as game-changer for food security

    GVMA hails govt’s ‘Feed Ghana Programme’ as game-changer for food security

    COCOBOD launches reward scheme to tackle cocoa smuggling

    COCOBOD launches reward scheme to tackle cocoa smuggling

    Cocoa farmgate price up by GH¢400

    Cocoa farmgate price up by GH¢400

    Hungarian Embassy hosts companies to grow poultry industry

    Hungarian Embassy hosts companies to grow poultry industry

    • Crops
    • Fertilizer
    • Livestock
    • Machinery
    • Technology
  • Regional Trends
    BoG shifts focus to productive growth as stabilisation gains hold    

    BoG shifts focus to productive growth as stabilisation gains hold    

    WFP, FAO call for urgent action as hunger deepens in Democratic Republic of the Congo 

    WFP, FAO call for urgent action as hunger deepens in Democratic Republic of the Congo 

    Regenerative Agriculture Tipped to Boost Yields and Diversify Farmer Incomes

    Regenerative Agriculture Tipped to Boost Yields and Diversify Farmer Incomes

    Government to Reclaim Degraded Mining Lands for Agricultural Use – Chief of Staff

    Government to Reclaim Degraded Mining Lands for Agricultural Use – Chief of Staff

    Government Urged to Lift Grain Export Ban to Boost Trade Opportunities

    Government Urged to Lift Grain Export Ban to Boost Trade Opportunities

    14 Ghana Economic Forum : National Leaders to Chart a Bold Path for Currency Stability and Sustainable Growth

    14 Ghana Economic Forum : National Leaders to Chart a Bold Path for Currency Stability and Sustainable Growth

    Young agripreneurs champion innovation and sustainability at the FAO–World Food Forum Youth Dialogue in Ho

    Young agripreneurs champion innovation and sustainability at the FAO–World Food Forum Youth Dialogue in Ho

    Minority demands Agric Minister’s briefing over nationwide food glut

    Minority demands Agric Minister’s briefing over nationwide food glut

    All roads lead to Tamale as Northern Business Fair 2025 opens today

    All roads lead to Tamale as Northern Business Fair 2025 opens today

  • Global Trends
    • All
    • Foreign News
    • News in Africa
    Uganda secures  million from Green Climate Fund for Africa’s first results-based climate project

    Uganda secures $31 million from Green Climate Fund for Africa’s first results-based climate project

    East Africa accelerates data-driven farming and hands over control of agri-data hubs

    East Africa accelerates data-driven farming and hands over control of agri-data hubs

    Rural hunger at very high levels in Central America’s Dry Corridor region

    Rural hunger at very high levels in Central America’s Dry Corridor region

    Africa’s Vegetable Genebank Makes Largest-Ever Deposit of Traditional African Vegetable Seeds in Global Repository

    Africa’s Vegetable Genebank Makes Largest-Ever Deposit of Traditional African Vegetable Seeds in Global Repository

    Norway signs USD 4.8 million deal to bolster Tanzania’s soybean sector

    Norway signs USD 4.8 million deal to bolster Tanzania’s soybean sector

    FAO, EU launch €20m project to boost aquatic food security in Africa and Latin America

    FAO, EU launch €20m project to boost aquatic food security in Africa and Latin America

    Global leaders united  to drive agrifood transformation and end hunger at WFF 2025 flagship event

    Global leaders united to drive agrifood transformation and end hunger at WFF 2025 flagship event

    FAO’s 2025 forest assessment reveals slower global deforestation

    FAO’s 2025 forest assessment reveals slower global deforestation

    Five women breaking barriers in agritech industry

    Five women breaking barriers in agritech industry

    • Foreign News
    • News in Africa
  • Agri-Campus
    • All
    • Agri-Courses
    • Campus Trends
    Ghana’s school gardens/farms need more than good intentions – Alfred Adjabeng writes

    Ghana’s school gardens/farms need more than good intentions – Alfred Adjabeng writes

    Students experience practical agriculture through Tilly’s Farm Porktober programme

    Students experience practical agriculture through Tilly’s Farm Porktober programme

    A/R: Agrinvest and KITA expand mechanization access for young agripreneurs under YEFFA

    A/R: Agrinvest and KITA expand mechanization access for young agripreneurs under YEFFA

    AI Can Transform Animal Production – Prof. Dadson Awunyo-Vitor

    AI Can Transform Animal Production – Prof. Dadson Awunyo-Vitor

    UNU-INRA pilots youth-designed clean tech for women farmers

    UNU-INRA pilots youth-designed clean tech for women farmers

    Ghana-Nebraska Agribusiness Chamber Holds Empowering Mentorship Session for University of Ghana Students

    Ghana-Nebraska Agribusiness Chamber Holds Empowering Mentorship Session for University of Ghana Students

    Empowering young Women through youth-led actions: WFF Ghana Chapter Engages 150 female students and beginner agribusiness champions in the Bono Region

    Empowering young Women through youth-led actions: WFF Ghana Chapter Engages 150 female students and beginner agribusiness champions in the Bono Region

    WASCAL, KNUST lead Climate-Smart Agriculture Integration in African University Curricula

    WASCAL, KNUST lead Climate-Smart Agriculture Integration in African University Curricula

    GEPA Impact Hub hosts University of Cape Coast students on Edu tour

    GEPA Impact Hub hosts University of Cape Coast students on Edu tour

    • Agri-Courses
    • Campus Trends
  • Agro-Market
    • All
    • Sales and Marketing
    Value Addition and Local Industry Hold the Key to Ghana’s Economic Growth – GEF Chair

    Value Addition and Local Industry Hold the Key to Ghana’s Economic Growth – GEF Chair

    Inflation drops to 9.4%, first single-digit in more than four years

    Inflation drops to 9.4%, first single-digit in more than four years

    KGL Group’s Chairman calls on Africa to build global business giants

    KGL Group’s Chairman calls on Africa to build global business giants

    Grain glut threatens Ghana’s food security as 100,000 tonnes remain unsold

    Grain glut threatens Ghana’s food security as 100,000 tonnes remain unsold

    Agriculture sector still hampered by skills gap, financing – stakeholders         

    Agriculture sector still hampered by skills gap, financing – stakeholders         

    Telecel launches SME Month 2025 to champion youth-led businesses

    Telecel launches SME Month 2025 to champion youth-led businesses

    Creating agribusiness opportunities: GNEBCham links Ghana, Nebraska through Husker Harvest Days

    Creating agribusiness opportunities: GNEBCham links Ghana, Nebraska through Husker Harvest Days

    FAO Food Price Index edges up in July

    FAO Food Price Index edges up in July

    Chamber of Agribusiness signs MoUs with Danish Embassy 

    Chamber of Agribusiness signs MoUs with Danish Embassy 

    • Sales and Marketing
  • More
    • Agriwoman Marketplace
    • Events & Shows
    • Editor’s Choice
No Result
View All Result
  • Agrihouse Trends
    • All
    • Agri-Influencer
    • Agri-Woman
    • Weekly Articles
    Agrihouse Foundation Welcomes PUM Expert from Netherlands to Strengthen Institutional Capacity

    Agrihouse Foundation Welcomes PUM Expert from Netherlands to Strengthen Institutional Capacity

    Agrihouse Foundation’s Executive Director Among Distinguished Speakers for the 14th Ghana Economic Forum

    Agrihouse Foundation’s Executive Director Among Distinguished Speakers for the 14th Ghana Economic Forum

    Alberta Speaks at the World Food Forum Opening Ceremony at FAO Headquarters  in Rome, Today 

    Alberta Speaks at the World Food Forum Opening Ceremony at FAO Headquarters  in Rome, Today 

    Transformation of Ghana’s agriculture will not be complete without active involvement of women – Agric Minister

    Transformation of Ghana’s agriculture will not be complete without active involvement of women – Agric Minister

    Peasant farmers warn Ghana’s .5bn food import bill could rise over galamsey

    Peasant farmers warn Ghana’s $3.5bn food import bill could rise over galamsey

    Vatican Invites Agrihouse Foundation’s  Founder to Share Africa’s Voice on Food Systems at World Meeting on Human Fraternity

    Vatican Invites Agrihouse Foundation’s  Founder to Share Africa’s Voice on Food Systems at World Meeting on Human Fraternity

    FAO Champions Inclusion in  Status of the Youth in Agrifood Systems  Report

    FAO Champions Inclusion in Status of the Youth in Agrifood Systems Report

    Boost to Bloom Training Equips Over 180 Farmers in Nungu with Practical Pepper Production Skills

    Boost to Bloom Training Equips Over 180 Farmers in Nungu with Practical Pepper Production Skills

    Agrihouse Foundation’s Executive Director Appointed  Co-Director for Rural Hack’s Food Systems 5.0 Summer School In Italy

    Agrihouse Foundation’s Executive Director Appointed Co-Director for Rural Hack’s Food Systems 5.0 Summer School In Italy

    • Agri-Influencer
    • Agri-Woman
    • Weekly Articles
  • National Trends
    • All
    • Crops
    • Fertilizer
    • Livestock
    • Machinery
    • Technology
    Peasant Farmers Plead for Urgent Support as 200,000 Metric Tons of Local Rice Remain Unsold

    Peasant Farmers Plead for Urgent Support as 200,000 Metric Tons of Local Rice Remain Unsold

    Ho to Host the largest National Farmers Day Exhibitions, 1-5 December   

    Ho to Host the largest National Farmers Day Exhibitions, 1-5 December  

    Peasant Farmers Call for Urgent Financial Support for Buffer Stock Company to Buy Excess Local Rice

    Peasant Farmers Call for Urgent Financial Support for Buffer Stock Company to Buy Excess Local Rice

    Volta Region to Host 41st National Farmers’ Day Celebration, December 5

    Volta Region to Host 41st National Farmers’ Day Celebration, December 5

    CultiWise autonomous crop monitoring system “ScoutAI” recognized as future-farming innovation

    CultiWise autonomous crop monitoring system “ScoutAI” recognized as future-farming innovation

    GVMA hails govt’s ‘Feed Ghana Programme’ as game-changer for food security

    GVMA hails govt’s ‘Feed Ghana Programme’ as game-changer for food security

    COCOBOD launches reward scheme to tackle cocoa smuggling

    COCOBOD launches reward scheme to tackle cocoa smuggling

    Cocoa farmgate price up by GH¢400

    Cocoa farmgate price up by GH¢400

    Hungarian Embassy hosts companies to grow poultry industry

    Hungarian Embassy hosts companies to grow poultry industry

    • Crops
    • Fertilizer
    • Livestock
    • Machinery
    • Technology
  • Regional Trends
    BoG shifts focus to productive growth as stabilisation gains hold    

    BoG shifts focus to productive growth as stabilisation gains hold    

    WFP, FAO call for urgent action as hunger deepens in Democratic Republic of the Congo 

    WFP, FAO call for urgent action as hunger deepens in Democratic Republic of the Congo 

    Regenerative Agriculture Tipped to Boost Yields and Diversify Farmer Incomes

    Regenerative Agriculture Tipped to Boost Yields and Diversify Farmer Incomes

    Government to Reclaim Degraded Mining Lands for Agricultural Use – Chief of Staff

    Government to Reclaim Degraded Mining Lands for Agricultural Use – Chief of Staff

    Government Urged to Lift Grain Export Ban to Boost Trade Opportunities

    Government Urged to Lift Grain Export Ban to Boost Trade Opportunities

    14 Ghana Economic Forum : National Leaders to Chart a Bold Path for Currency Stability and Sustainable Growth

    14 Ghana Economic Forum : National Leaders to Chart a Bold Path for Currency Stability and Sustainable Growth

    Young agripreneurs champion innovation and sustainability at the FAO–World Food Forum Youth Dialogue in Ho

    Young agripreneurs champion innovation and sustainability at the FAO–World Food Forum Youth Dialogue in Ho

    Minority demands Agric Minister’s briefing over nationwide food glut

    Minority demands Agric Minister’s briefing over nationwide food glut

    All roads lead to Tamale as Northern Business Fair 2025 opens today

    All roads lead to Tamale as Northern Business Fair 2025 opens today

  • Global Trends
    • All
    • Foreign News
    • News in Africa
    Uganda secures  million from Green Climate Fund for Africa’s first results-based climate project

    Uganda secures $31 million from Green Climate Fund for Africa’s first results-based climate project

    East Africa accelerates data-driven farming and hands over control of agri-data hubs

    East Africa accelerates data-driven farming and hands over control of agri-data hubs

    Rural hunger at very high levels in Central America’s Dry Corridor region

    Rural hunger at very high levels in Central America’s Dry Corridor region

    Africa’s Vegetable Genebank Makes Largest-Ever Deposit of Traditional African Vegetable Seeds in Global Repository

    Africa’s Vegetable Genebank Makes Largest-Ever Deposit of Traditional African Vegetable Seeds in Global Repository

    Norway signs USD 4.8 million deal to bolster Tanzania’s soybean sector

    Norway signs USD 4.8 million deal to bolster Tanzania’s soybean sector

    FAO, EU launch €20m project to boost aquatic food security in Africa and Latin America

    FAO, EU launch €20m project to boost aquatic food security in Africa and Latin America

    Global leaders united  to drive agrifood transformation and end hunger at WFF 2025 flagship event

    Global leaders united to drive agrifood transformation and end hunger at WFF 2025 flagship event

    FAO’s 2025 forest assessment reveals slower global deforestation

    FAO’s 2025 forest assessment reveals slower global deforestation

    Five women breaking barriers in agritech industry

    Five women breaking barriers in agritech industry

    • Foreign News
    • News in Africa
  • Agri-Campus
    • All
    • Agri-Courses
    • Campus Trends
    Ghana’s school gardens/farms need more than good intentions – Alfred Adjabeng writes

    Ghana’s school gardens/farms need more than good intentions – Alfred Adjabeng writes

    Students experience practical agriculture through Tilly’s Farm Porktober programme

    Students experience practical agriculture through Tilly’s Farm Porktober programme

    A/R: Agrinvest and KITA expand mechanization access for young agripreneurs under YEFFA

    A/R: Agrinvest and KITA expand mechanization access for young agripreneurs under YEFFA

    AI Can Transform Animal Production – Prof. Dadson Awunyo-Vitor

    AI Can Transform Animal Production – Prof. Dadson Awunyo-Vitor

    UNU-INRA pilots youth-designed clean tech for women farmers

    UNU-INRA pilots youth-designed clean tech for women farmers

    Ghana-Nebraska Agribusiness Chamber Holds Empowering Mentorship Session for University of Ghana Students

    Ghana-Nebraska Agribusiness Chamber Holds Empowering Mentorship Session for University of Ghana Students

    Empowering young Women through youth-led actions: WFF Ghana Chapter Engages 150 female students and beginner agribusiness champions in the Bono Region

    Empowering young Women through youth-led actions: WFF Ghana Chapter Engages 150 female students and beginner agribusiness champions in the Bono Region

    WASCAL, KNUST lead Climate-Smart Agriculture Integration in African University Curricula

    WASCAL, KNUST lead Climate-Smart Agriculture Integration in African University Curricula

    GEPA Impact Hub hosts University of Cape Coast students on Edu tour

    GEPA Impact Hub hosts University of Cape Coast students on Edu tour

    • Agri-Courses
    • Campus Trends
  • Agro-Market
    • All
    • Sales and Marketing
    Value Addition and Local Industry Hold the Key to Ghana’s Economic Growth – GEF Chair

    Value Addition and Local Industry Hold the Key to Ghana’s Economic Growth – GEF Chair

    Inflation drops to 9.4%, first single-digit in more than four years

    Inflation drops to 9.4%, first single-digit in more than four years

    KGL Group’s Chairman calls on Africa to build global business giants

    KGL Group’s Chairman calls on Africa to build global business giants

    Grain glut threatens Ghana’s food security as 100,000 tonnes remain unsold

    Grain glut threatens Ghana’s food security as 100,000 tonnes remain unsold

    Agriculture sector still hampered by skills gap, financing – stakeholders         

    Agriculture sector still hampered by skills gap, financing – stakeholders         

    Telecel launches SME Month 2025 to champion youth-led businesses

    Telecel launches SME Month 2025 to champion youth-led businesses

    Creating agribusiness opportunities: GNEBCham links Ghana, Nebraska through Husker Harvest Days

    Creating agribusiness opportunities: GNEBCham links Ghana, Nebraska through Husker Harvest Days

    FAO Food Price Index edges up in July

    FAO Food Price Index edges up in July

    Chamber of Agribusiness signs MoUs with Danish Embassy 

    Chamber of Agribusiness signs MoUs with Danish Embassy 

    • Sales and Marketing
  • More
    • Agriwoman Marketplace
    • Events & Shows
    • Editor’s Choice
No Result
View All Result
AgriWatchGH
No Result
View All Result
Home International Trends

International Islamic Trade Finance Corporation (ITFC), Saudi EXIM Bank, and OPEC Fund Sign US$ 100 Million Syndicated Financing to Support Fertilizer Imports for Bangladesh

by Agriwatch
September 16, 2025
in International Trends
0
International Islamic Trade Finance Corporation (ITFC), Saudi EXIM Bank, and OPEC Fund Sign US$ 100 Million Syndicated Financing to Support Fertilizer Imports for Bangladesh
0
SHARES
16
VIEWS
The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), a member of the Islamic Development Bank (IsDB) Group, in partnership with Saudi EXIM Bank and the OPEC Fund for International Development (OPEC Fund), announced the signing of a landmark US$100 million Murabaha Financing Facility in favor of the People’s Republic of Bangladesh. The agreement marks a major milestone in supporting Bangladesh’s national food security strategy and enhancing intra-OIC trade cooperation.

The facility will provide funding for the importation of fertilizer by the Bangladesh Agricultural Development Corporation (BADC) from Kingdom of Saudi Arabia. BADC will serve as the executing agent for the Government of Bangladesh in this financing operation.

This transaction is part of a broader US$2.75 billion financing plan agreed in December 2024 between ITFC and the Government of Bangladesh to cover the Government’s financing requirements for the 2025–2026 fiscal year. The plan aims to support energy and food security for Bangladesh, providing funding for the supply of critical commodities, including petroleum products, LNG, and fertilizers.

This facility represents the first ITFC sovereign financing to Bangladesh for fertilizer imports, further diversifying its financing portfolio and aligning with its strategic goal of supporting agricultural resilience in member countries.

Bangladesh’s agriculture sector remains a cornerstone of its economy, contributing 11% to GDP and employing over one-third of the national workforce. The financing is expected to benefit approximately 7.9 million people, directly or indirectly engaged in agricultural production, particularly rice farming, which is central to the country’s food security and rural livelihoods.

“This initiative represents the first time ITFC has partnered with Saudi EXIM Bank and the OPEC Fund in a syndicated Murabaha facility dedicated to supporting food security in Bangladesh,” said Eng. Adeeb Y. Al Aama, CEO of ITFC. “It also marks a milestone in leveraging the strength of partner institutions to promote intra OIC trade flows. Through this facility, we reaffirm our commitment to sustainable trade and inclusive development by strengthening intra-OIC cooperation and supporting the vital agricultural sector in Bangladesh.”

Md. Shahriar Kader Siddiky, Secretary of the Economic Relations Division, Ministry of Finance, Government of the People’s Republic of Bangladesh, expressed his profound appreciation for ITFC, Saudi EXIM Bank, and the OPEC Fund for their invaluable and timely support in addressing critical national needs. He remarked, “The US$100 million syndicated financing facility represents a pivotal initiative to ensure the uninterrupted supply of fertilizers to our farmers. This initiative is not merely about financing; it is about safeguarding Bangladesh’s food security, promoting agricultural resilience, and ensuring the well-being of millions of rural households who depend on farming for their livelihoods. Such a significant partnership underscores the importance of shared commitment to sustainable development, economic inclusivity, and the prosperity of our people.” This partnership, he noted, is a testament to the enduring spirit of cooperation in driving forward a vision of growth, stability, and development for future generations.

Saudi Export-Import Bank (Saudi EXIM) has announced landmark agreement aimed at advancing global trade and enhancing food security by promoting the Kingdom’s non-oil exports, with a focus on its world-class fertilizers.

H.E. Eng. Saad bin Abdulaziz AlKhalb, CEO of Saudi EXIM, stated: “This agreement reflects Saudi Exim’s leading role in driving sustainable economic growth and reinforcing global supply chains. We are proud to partner with ITFC and the OPEC Fund to deliver innovative financing solutions that expand market access for Saudi products. These efforts not only meet the needs of Bangladesh but also foster deeper economic integration and sustainable development, aligning with Vision 2030’s objective to diversify our national economy. Through this collaboration, Saudi Exim will support critical supply chain financing, open new markets, and strengthen trade links between Saudi Arabia and key global partners. The initiative highlights the Kingdom’s commitment to leveraging its export capabilities to address essential global needs while driving long-term economic resilience.”

OPEC Fund President Dr. Abdulhamid Alkhalifa said:“The OPEC Fund is committed to supporting Bangladesh’s development agenda, where agriculture plays a central role, employing nearly half of the workforce. Bangladesh has made remarkable progress in achieving food security for its growing population, yet the sector remains particularly vulnerable to climate change. We thank ITFC and Saudi Exim as partners in this joint financing, which will help tackle these challenges by promoting higher productivity and greater diversification. The loan aligns closely with the OPEC Fund’s strategic priorities – particularly food security – and exemplifies our strong commitment to partnering with our member countries, such as Saudi Arabia, to advance South-South cooperation and sustainable development across the globe.”

The transaction also aligns with the broader development agendas of the partners, particularly in advancing South-South cooperation and contributing to several United Nations Sustainable Development Goals (SDGs), including Zero Hunger, No Poverty, and Good Health and Wellbeing.

The International Islamic Trade Finance Corporation (ITFC) has provided over US$20.8 billion in financing to Bangladesh since its inception in 2008, with a strong focus on the energy sector. This new initiative marks a strategic diversification of ITFC’s engagement, expanding support to the agriculture and food sectors. It also reflects Bangladesh’s growing strategic importance within ITFC’s development portfolio.
 

About the International Islamic Trade Finance Corporation (ITFC):
The International Islamic Trade Finance Corporation (ITFC) is the trade finance arm of the Islamic Development Bank (IsDB) Group. It was established with the primary objective of advancing trade among OIC member countries, which would ultimately contribute to the overarching goal of improving the socio-economic conditions of the people across the world. Commencing operations in January 2008, ITFC has provided more than US$89 billion of financing to OIC member countries, making it the leading provider of trade solutions for these member countries’ needs. With a mission to become a catalyst for trade development for OIC member countries and beyond, the Corporation helps entities in member countries gain better access to trade finance and provides them with the necessary trade-related capacity-building tools, which would enable them to successfully compete in the global market.

Distributed by APO Group on behalf of International Islamic Trade Finance Corporation (ITFC).

 

Tags: APO GROUPInternational Islamic Trade Finance Corporation (ITFC)OPEC Fund for International DevelopmentSaudi EXIM BankSupport Fertilizer Imports for BangladeshUS$100 million syndicated financing facility
Previous Post

Agriculture sector still hampered by skills gap, financing – stakeholders         

Next Post

Grain under pressure: the Bunge-Viterra merger could cost farmers and consumers $2,5 billion a year

Next Post
Grain under pressure: the Bunge-Viterra merger could cost farmers and consumers ,5 billion a year

Grain under pressure: the Bunge-Viterra merger could cost farmers and consumers $2,5 billion a year

  • About
  • Privacy Policy
  • Terms and Conditions
  • Disclaimer
  • Editor’s Choice
  • Contact Us

© 2025 Agriwatch - A subsidiary of Agrihouse Communication

No Result
View All Result
  • Agrihouse Trends
    • Agri-Influencer
    • Agri-Woman
    • Weekly Articles
  • National Trends
    • Crops
    • Fertilizer
    • Livestock
    • Machinery
    • Technology
  • Regional Trends
  • Global Trends
    • Foreign News
    • News in Africa
  • Agri-Campus
    • Agri-Courses
    • Campus Trends
  • Agro-Market
    • Sales and Marketing
  • More
    • Agriwoman Marketplace
    • Events & Shows
    • Editor’s Choice

© 2025 Agriwatch - A subsidiary of Agrihouse Communication