ITFC signs EUR 330 million agreement with Comoros for energy, agriculture, and SME support.

The International Islamic Trade Finance Corporation (ITFC) has signed a new EUR 330 million agreement with the Union of Comoros to enhance cooperation in energy, agriculture, and SME support. This follows a previous successful agreement achieving 83% of its target. Additionally, ITFC established a EUR 20 million Food Security Facility with local banks to ensure affordable food supplies. Since 2008, ITFC has provided over US$ 712 million in financing to Comoros.

September 26, 2024
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