The International Islamic Trade Finance Corporation, a member of the Islamic Development Bank, has signed a sovereign financing facility worth $35 million in favor of Djibouti.
The agreement aims to support the development of the country’s bunkering sector and reinforce Djibouti’s strategic position as a regional hub for trade and maritime transport.
The financing facility is expected to enhance Djibouti’s bunkering capacity — a key activity linked to global shipping routes and maritime supply chains. It will also strengthen the competitiveness and attractiveness of the Port of Djibouti to regional and international shipping companies.
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