Jeddah-based International Islamic Trade Finance Corporation (ITFC) has signed a US$128.83mn Murabaha Financing Agreement to finance Burkina Faso 2017-2018 Cotton Season with SOFITEX as executing agent
Crops
Grain traders in East Africa buy low-cost Uganda maize
East Africa’s grain traders have started buying maize from Uganda at about half the international price, after a bounty harvest in the country
ITFC signs US$117.94mn contract to help in cotton export in Cameroon
The International Islamic Trade Finance Corporation (ITFC), has signed a US$117.94mn syndicated agreement with the government of Cameroon and Sodecoton for the export of cotton and import of agricultural inputs
African Leaders convene to discuss ways to beat hunger and malnutrition
His Excellence Abdoulaye Bio Tchané, Minister of State for Planning and Development of the Republic of Benin, and The Right Honorable Dr. Saulos Klaus Chilima, Vice President of the Republic of Malawi co-chaired the first meeting of The Malabo Montpellier Forum in Cotonou, Benin
IoT to revolutionise agricultural sector
The Internet of Things (IoT) is expected to transform the agricultural sector, but it has left many agritech companies concerned by the cyber threats associated with the technology