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- Title
Eastern and Southern African Trade and Development Bank.
- Abstract
The Eastern and Southern African Trade and Development Bank (TDB) and the International Islamic Trade Finance Corporation (ITFC) have signed a Memorandum of Understanding (MoU) to enhance trade between OIC member states and TDB member countries in Africa. The MoU aims to provide trade finance solutions, including Islamic financing products, to support the private sector and SMEs in these countries. The partnership will also explore opportunities for technical assistance and capacity building. This collaboration builds on previous efforts between TDB and ITFC, and aims to optimize the impact of financing and facilitate more efficient trade flows in Africa.
- Subjects
AFRICA; DEVELOPMENT banks; ECONOMIC development; ISLAMIC finance; LETTERS of intent; TECHNICAL assistance; EXPORT credit
- Publication
Africa Research Bulletin: Economic, Financial & Technical Series, 2023, Vol 60, Issue 10, p24489A
- ISSN
2053-227X
- Publication type
Article
- DOI
10.1111/j.1467-6346.2023.11363.x