{"id":459209,"date":"2018-04-10T11:30:41","date_gmt":"2018-04-10T10:30:41","guid":{"rendered":"https:\/\/en.financialafrik.com\/?p=459209"},"modified":"2018-04-10T11:30:41","modified_gmt":"2018-04-10T10:30:41","slug":"cameroon-and-iftc-sign-murabaha-partnership-agreement","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2018\/04\/10\/cameroon-and-iftc-sign-murabaha-partnership-agreement\/","title":{"rendered":"Cameroon and IFTC sign Murabaha partnership agreement"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div><p>The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank Group (IDB), has signed a \u20ac 68 million syndicated Murabaha agreement with Cameroon. Agreement that will primarily support the energy sector.<\/p>\n<p>The financing will allow the import of crude oil that will be refined and sold both locally and internationally at 70% and 30% through the national refinery (SONARA).<\/p>\n<p>The agreement was signed by Eng. Hani Salem Sonbol, CEO of ITFC and Minister of Economy Planning and Regional Development, Alamine Ousmane Mey, in Tunisia on the sidelines of the 43rd meeting of the IDB Board of Governors.<\/p>\n<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>","protected":false},"excerpt":{"rendered":"<p>The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank Group (IDB), has signed a \u20ac 68 million syndicated Murabaha agreement with Cameroon. Agreement that will primarily support the energy sector. The financing will allow the import of crude oil that will be refined and sold both locally and internationally at<\/p>\n","protected":false},"author":527297,"featured_media":459211,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[12040],"tags":[12599,4083,14191],"class_list":{"0":"post-459209","1":"post","2":"type-post","3":"status-publish","4":"format-aside","5":"has-post-thumbnail","7":"category-international-institutions","8":"tag-cameroon-en","9":"tag-iftc","10":"tag-murabaha","11":"post_format-post-format-aside","12":"pmpro-has-access"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v27.6) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Cameroon and IFTC sign Murabaha partnership agreement - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. 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