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FinancialNews
16-05-17
Saudi-ITFC inks USD450mn development accord with Burkina Faso
(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
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