News
06 April 2018

ITFC agrees €68m murabaha deal with Cameroon for crude oil

In:
Traditional energy
Region:
Middle East & Africa

The International Islamic Trade Finance Corporation (ITFC) has signed a €68 million syndicated murabaha agreement with Cameroon. The facility will be used to buy crude oil to be sold in the domestic and global market.

You might also like


Perspective
18 June 2026

Tanzania SGR: Multi-sourced from Mwanza

Tanzania’s latest standard gauge railway financing shows that African transport corridors can access global liquidity. But only when sovereign risk, export credit, MDB...

Perspective
22 June 2026

Uxolo at Global 26: Getting with the programme

Development finance lenders are continuing to innovate, despite a less promising backdrop. But making those innovations stick, as speakers at Uxolo's Global 2026 suggest, will...