ITFC finances programs of promoting Egypt's exports to Africa: EDA

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Sun, 22 Dec 2019 - 02:27 GMT

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Sun, 22 Dec 2019 - 02:27 GMT

International Islamic Trade Finance Corporation logo - ITFC website

International Islamic Trade Finance Corporation logo - ITFC website

CAIRO - 22 December 2019: The Export Development Authority (EDA) and the International Islamic Trade Finance Corporation (ITFC) reached an agreement on financing some programs of the EDA that seek promoting Egypt's exports to African markets during the coming three years.

The two sides agreed on a timetable to implement EDA programs as well as the budget proposed for each program.

This came during meetings of the joint technical committee between the EDA and ITFC which have been concluded recently in Saudi Arabia's Jeddah.

ITFC Chief Executive Officer Hani Salem Sonbol and Head of EDA were present at the talks.

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