Mauritania, ITFC Sign $1 Billion Framework Deal to Boost Trade and Development

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Mauritania has signed a $1 billion strategic framework agreement in Jeddah with the Islamic International Trade Finance Corporation (ITFC), a subsidiary of the Islamic Development Bank Group. This partnership, concluded for the period 2026-2030, aims to support the economic and social development of the country. The agreement provides for the financing of key sectors of the Islamic Development Bank.

taqadoum.mr

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Yesterday, the Minister for Economic Affairs and Development, Dr. Abdullah Ould Sulaiman Ould Sheikh Sidia, signed a strategic framework agreement with the International Islamic Trade Finance Corporation (ITFC) at the headquarters of the Islamic Development Bank Group in Jeddah.

saharamedias.net

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In a statement, the Ministry of Economic Affairs and Development indicated that the first convention, worth 61.4 million euros, related to the financing of the project to build and equip a reference hospital specializing in maternal, newborn, newborn and child health in Nouakchott. The second convention, amounting to 55.2 million euros, was intended to finance the project on electricity connectivity between Mauritania and Mali, including the con…

rimtoday.net

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The Minister for Economic Affairs and Development, Abdullah Ould Sulaiman Ould Sheikh Sidia, signed a funding agreement today with the Vice-President of the Islamic Development Bank, Mr. Rami Ahmed, in charge of operations, for a total value of 1.