{"id":634249,"date":"2018-01-10T04:02:16","date_gmt":"2018-01-10T04:02:16","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/10\/afreximbank-raises-sharia-compliant-usd-260-mn-to-support-smes\/"},"modified":"2018-01-10T04:02:16","modified_gmt":"2018-01-10T04:02:16","slug":"afreximbank-raises-sharia-compliant-usd-260-mn-to-support-smes","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/10\/afreximbank-raises-sharia-compliant-usd-260-mn-to-support-smes\/","title":{"rendered":"Afreximbank raises sharia-compliant USD 260 mn to support SMEs"},"content":{"rendered":"

The African Export-Import Bank (Afreximbank) raised around USD 260 mn through three sharia-compliant facilities to support SMEs<\/strong>, Reuters reports<\/a>. Afreximbank will use the funds to support SMEs across its member countries using sharia-compliant financing. USD 100 mn of the funding came from the Islamic Corp for the Development of the Private Sector (ICD). The International Islamic Trade Finance Corp (ITFC) provided two facilities worth USD 100 mn and EUR 50 mn to help finance exports among African countries. ICD and ITFC are part of the Saudi-based Islamic Development Bank group of companies, Reuters notes.<\/p>\n","protected":false},"excerpt":{"rendered":"

The African Export-Import Bank (Afreximbank) raised around USD 260 mn through three sharia-compliant facilities to support SMEs, Reuters reports. Afreximbank will use the funds to support SMEs across its member countries using sharia-compliant financing. USD 100 mn of the funding came from the Islamic Corp for the Development of the Private Sector (ICD). The International […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-634249","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"4cc58400-2adf-4d7c-a679-6e288b2c5f72","order":"0","is_powered_by":true,"section_story_id":"71f12462-10f0-4f04-834a-dc3a45489c05","story_type":"1","photo_url":"","photo_position":"above","related_issue":[634232],"teaser":"","voice_url":""},"yoast_head":"\nAfreximbank raises sharia-compliant USD 260 mn to support SMEs - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/10\/afreximbank-raises-sharia-compliant-usd-260-mn-to-support-smes\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Afreximbank raises sharia-compliant USD 260 mn to support SMEs\" \/>\n<meta property=\"og:description\" content=\"The African Export-Import Bank (Afreximbank) raised around USD 260 mn through three sharia-compliant facilities to support SMEs, Reuters reports. Afreximbank will use the funds to support SMEs across its member countries using sharia-compliant financing. USD 100 mn of the funding came from the Islamic Corp for the Development of the Private Sector (ICD). The International […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/10\/afreximbank-raises-sharia-compliant-usd-260-mn-to-support-smes\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-01-10T04:02:16+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/10\/afreximbank-raises-sharia-compliant-usd-260-mn-to-support-smes\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/10\/afreximbank-raises-sharia-compliant-usd-260-mn-to-support-smes\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Afreximbank raises sharia-compliant USD 260 mn to support SMEs\",\"datePublished\":\"2018-01-10T04:02:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/10\/afreximbank-raises-sharia-compliant-usd-260-mn-to-support-smes\/\"},\"wordCount\":98,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/10\/afreximbank-raises-sharia-compliant-usd-260-mn-to-support-smes\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/10\/afreximbank-raises-sharia-compliant-usd-260-mn-to-support-smes\/\",\"name\":\"Afreximbank raises sharia-compliant USD 260 mn to support SMEs - 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