ITFC Partners with UNIDO to Support Egypt’s Cotton Industry and Sudan’s Dairy Sector 

The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank Group (IsDB) has partnered with the United Nations Industrial Development Organization (UNIDO) to support two key project agreements. The first is the Better Cotton Initiative (BCI), which will aim to revive the cotton industry in Egypt by supporting growers to cultivate sustainable cotton, and the second will aim to transform Sudan’s dairy sector by providing assistance for food safety production and resumption of dairy plant production.

Why it Matters?

The partnership will ensure that Egypt’s cotton industry and Sudan’s dairy sector will remain resilient with easier access to financing, increased production, and improved safety for...