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The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org<\/a>), a member of the Islamic Development Bank Group (IsDB), has officially unveiled the Corporation\u2019s Annual Development Effectiveness Report (ADER), titled \u2018Towards a Resilient Trade\u2019.\u00a0<\/p>\n<\/p>\n The main themes showcased in the ADER report include the following:<\/p>\n Commenting on the official launch of the Report, Eng. Hani Salem Sonbol, Chief Executive Officer of ITFC, stated: \u201cAt ITFC, achieving results in terms of development effectiveness, or contribution to development, is just as crucial as the amount of trade we finance. This is the reason\u00a0ITFC is also emphasizing ways to promote inclusive trade, rising to the challenge of regional integration, fostering partnerships to achieve the UN\u00a0SDGs, and continuing to lay the foundation for sustainable trade. We are pleased to formally present an overview of the sixth edition of the ITFC’s Annual Development Effectiveness Report in this context. The pandemic has demonstrated that partnership and synergy provide the best pathway\u00a0for dealing with global emergencies, enabling us to make a bigger impact that acts as a strong catalyst for development.\u201d<\/em><\/p>\n ITFC\u2019s role is to ensure that the Corporation\u2019s resources are deployed where they have the greatest catalytic role in attracting private capital and addressing market gaps. Despite the challenges presented by the ongoing COVID-19 pandemic, ITFC and the Corporation\u2019s strategic partners delivered some impactful results in 2021 as the ADER report highlights:<\/p>\n During disrupted times, ITFC played a key role in keeping trade flowing and in sustaining critical supply chains such as energy, food, and health:<\/p>\n To fill trade finance gaps among underserved groups, ITFC provided SMEs, smallholder farmers, and female-led businesses, with access to finance and a unique network and platform to connect to markets.<\/p>\n Download Executive Summary here (https:\/\/bit.ly\/3uo8pSM<\/a>)<\/p>\n Download Full Report Here\u00a0(https:\/\/bit.ly\/3aj05gv<\/a>)<\/p>\n Distributed by APO Group on behalf of International Islamic Trade Finance Corporation (ITFC).<\/i><\/p>\n Contact Us:<\/strong> Social Media:<\/strong> About the International Trade Finance Corporation (ITFC):<\/strong> Source<\/a> The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org), a member of the Islamic Development Bank Group (IsDB), has officially unveiled the Corporation\u2019s Annual Development Effectiveness Report (ADER), titled \u2018Towards a Resilient Trade\u2019.\u00a0 The main themes showcased in the ADER report include the following: Sustaining critical supply chains in member countries, Fostering an inclusive trade through […]<\/p>\n","protected":false},"author":10,"featured_media":90572,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/www.africa-newsroom.com\/uploads\/socialshare.jpg","fifu_image_alt":"","footnotes":""},"categories":[376],"tags":[43198,258,256,5854,377,5988,5989,27102,7829,4337,645,257,5144,28130,254,9075,5979,6777],"class_list":["post-90571","post","type-post","status-publish","format-standard","has-post-thumbnail","category-cameroon","tag-ader","tag-africa","tag-africa-news","tag-annual","tag-cameroon-news","tag-corporation","tag-development","tag-effectiveness","tag-finance","tag-international","tag-islamic","tag-news","tag-report","tag-resilient","tag-south-africa-today","tag-titled","tag-trade","tag-unveils"],"fifu_image_url":"https:\/\/www.africa-newsroom.com\/uploads\/socialshare.jpg","_links":{"self":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/90571","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/comments?post=90571"}],"version-history":[{"count":0,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/90571\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media\/90572"}],"wp:attachment":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media?parent=90571"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/categories?post=90571"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/tags?post=90571"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}\n
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\nTel: +966 12 646 8337
\nFax: +966 12 637 1064
\nE-mail:\u00a0ITFC@itfc-idb.org<\/a>
\nWebsite: www.ITFC-idb.org<\/a><\/p>\n
\nTwitter:\u00a0https:\/\/bit.ly\/3zqHqJH<\/a>\u00a0\u00a0
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\nThe International Islamic Trade Finance Corporation (ITFC) is a member of the Islamic Development Bank (IsDB) Group. It was established with the primary objective of advancing trade among OIC member countries, which would ultimately contribute to the overarching goal of improving socioeconomic conditions of the people across the world. Commencing operations in January 2008, ITFC has provided US$61 billion of financing to OIC member countries, making it the leading provider of trade solutions for these member countries\u2019 needs. With a mission to become a catalyst for trade development for OIC member countries and beyond, the Corporation helps entities in member countries gain better access to trade finance and provides them with the necessary trade-related capacity building tools, which would enable them to successfully compete in the global market.<\/p>\n
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South Africa Today Africa \u2013 West Africa Cameroon<\/a> News<\/p>\n","protected":false},"excerpt":{"rendered":"