Qatar Sends 7th Identical Letter to UN, Security Council Regarding Latest Developments of Iranian Attack on Its Territories

Source: Government of Qatar

New York, March 10 , 2026

The State of Qatar has sent a seventh identical letter to HE Secretary-General of the United Nations Antonio Guterres, and HE Permanent Representative of the United States of America to the United Nations and President of the Security Council for the month of March, Michael Waltz, regarding the latest developments of the Iranian attack on its territories.

This attack constitutes a blatant violation of its national sovereignty, a direct threat to its security and territorial integrity, and an unacceptable escalation that threatens the security and stability of the region.

The letter was sent by HE Permanent Representative of the State of Qatar to the United Nations Sheikha Alya Ahmed bin Saif Al-Thani.

The letter noted the continued attacks targeting Qatar’s territories, indicating that the Ministry of Defense of the State of Qatar announced that Qatar was subjected, until the afternoon of Monday, March 9, 2026, to an attack with 17 ballistic missiles and 6 drones from the Islamic Republic of Iran. The armed forces successfully intercepted 17 ballistic missiles and 6 drones without any casualties.

The letter added that all damages and losses resulting from the attacks will be assessed by the relevant authorities, adding that it will keep them informed of developments.

The letter reiterated the State of Qatar’s strong condemnation of this attack and it’s right to respond in accordance with Article 51 of the Charter of the United Nations, in a manner commensurate with the nature of the aggression, in defense of its sovereignty and to safeguard its security and national interests.

The State of Qatar also requested that this letter be circulated as an official document of the Security Council

Prime Minister and Minister of Foreign Affairs Receives Phone Call from Foreign Minister of China

Source: Government of Qatar

Doha, March 10, 2026

HE Prime Minister and Minister of Foreign Affairs Sheikh Mohammed bin Abdulrahman bin Jassim Al-Thani received a phone call on Tuesday from HE Minister of Foreign Affairs of the People’s Republic of China Wang Yi.

The call addressed the developments of the military escalation in the region and its serious repercussions on regional and international security and stability, as well as ways to resolve all disputes through peaceful means.

During the call, HE the Prime Minister and Minister of Foreign Affairs reiterated the condemnation of the Iranian attacks on Qatari territory and that they are unacceptable under any pretext or justification, noting that the State of Qatar has always been keen to stay away from regional conflicts and has sought to facilitate dialogue between the Iranian side and the international community.

His Excellency warned against the irresponsible targeting of vital infrastructure, particularly that related to water, food, and energy facilities, stressing that such actions represent a dangerous precedent that will expose the peoples of the region to multiple dangers. His Excellency also emphasized the need for an immediate cessation of all escalatory actions, a return to the negotiating table, the prioritization of reason and wisdom, and working to contain the crisis in a way that preserves the security of the region.

For his part, HE the Minister of Foreign Affairs of the People’s Republic of China called for de-escalation, reason to prevail, and a return to negotiations and diplomatic means to avoid further chaos.

No immediate risk of fuel shortages, says dept

Source: Government of South Africa

No immediate risk of fuel shortages, says dept

The Department of Mineral and Petroleum Resources has reassured South Africans that the country currently faces no immediate risk of fuel shortages, despite rising global oil prices and ongoing geopolitical tensions affecting international markets.

In a media statement issued on Tuesday, the department said it remains in constant communication with oil companies operating in the country to ensure the stability and security of fuel supply. 

The department is closely monitoring developments in the Middle East and their potential impact on global oil markets and fuel prices.

“While prolonged geopolitical tensions may exert pressure on international oil prices, the department wishes to assure the public that there is currently no immediate risk of fuel shortages in South Africa,” it said.

Despite the closure of several refineries in recent years, South Africa currently has two operational crude oil refineries, namely NATREF and Astron Energy, in addition to the Sasol Secunda coal-to-liquids plant, which continues to play a critical role in domestic
fuel production. 

These facilities rely on crude oil imports sourced primarily from West Africa and increasingly from other countries across the African continent.

The department confirmed that the Astron Energy refinery is currently undergoing a planned maintenance shutdown. However, the company has secured sufficient fuel imports as part of standard operational planning to meet supply requirements during the maintenance period.

The department said the continued rise in international crude oil prices is expected to result in higher fuel prices at the pump from April 2026. The under-recovery on fuel prices has been fluctuating since the onset of the conflict. 

It said it will continue to monitor the situation closely and will provide further updates before the official fuel price adjustments for April are announced. 

“Oil companies that currently import refined petroleum products from countries affected by the conflict are actively exploring alternative supply sources to ensure uninterrupted fuel availability in the domestic market. 

“The department remains optimistic that the tensions will de-escalate in the near future, which would help stabilise global oil markets and contribute to improved fuel price conditions.” – SAnews.gov.za
 

Janine

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Koeberg’s Unit 2 reaches 365 consecutive days of operations

Source: Government of South Africa

Koeberg’s Unit 2 reaches 365 consecutive days of operations

Unit 2 at the Koeberg Nuclear Power Station has successfully operated for 365 consecutive days – at an average of 99.4% Energy Availability Factor (EAF) – since major upgrades were completed.

This is according to Eskom, who said in a statement on Tuesday that the unit delivers about 946MW of reliable electricity to the national grid.

Bheki Nxumalo, Eskom Group Executive for Generation, said: “This milestone follows major upgrades to Unit 2, which returned to the grid on 30 December 2024 and has operated continuously since 9 March 2025.

“It showcases the strength of South Africa’s nuclear skills base. The successful installation of the new steam generators highlights the skill and dedication of the Koeberg team, engineers, technicians, operators, and support staff, who have worked tirelessly to ensure the unit runs safely and efficiently.”

The last time Unit 2 achieved a record-breaking performance run was on 18 January 2022, when it operated for 454 consecutive days.

The current run will not reach that milestone because the unit is scheduled to be taken offline for planned maintenance on 26 April 2026. By that date, projections indicate it will have achieved 412 consecutive days of continuous operation.

Eskom said although this figure has not yet been reached, the unit’s present performance already reflects strong reliability and operational stability.

“It also stands as proof of Eskom’s ongoing success in reducing unplanned outages and strengthening the dependability of its generation fleet.”

The continuous operation of Koeberg Unit 2 is not just a technical achievement; it has a direct impact on the daily lives of South Africans.

“For Cape Town and the rest of the Western Cape, Koeberg provides a local source of electricity, reducing dependence on power lines that stretch from coal‑fired stations in the north.

“This results in a more stable and reliable supply for households and businesses. For the country, Koeberg strengthens the grid by acting as a steady anchor, helping to prevent instability and reducing the need to run more costly power stations,” said the power utility.

Nuclear power also produces electricity without greenhouse gas emissions, supporting a cleaner environment while keeping costs affordable.

Eskom added that Unit 2’s nonstop run is a reminder of Koeberg’s vital role in supporting economic growth, protecting jobs, and ensuring energy security for South Africa.

To maintain this performance, the unit will enter its next planned outage on 26 April 2026, allowing Eskom to safeguard recent investments and ensure continued reliability for the next 20 years. – SAnews.gov.za
 

Janine

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Smart ID digitisation programme initiated in 2015

Source: Government of South Africa

Smart ID digitisation programme initiated in 2015

Government has in a statement on Tuesday corrected claims that the Department of Home Affairs’ partnership with banks on Smart ID cards is “new and driven by a political party”.

A statement issued by the Government Communication and Information System (GCIS) on Tuesday said the partnership with the banks was started as part of the multi-channel access model to increase the Department of Home Affairs’ footprint.

The Department of Home Affairs on Sunday officially entered its live operational phase, allowing people to apply for Smart ID cards directly at participating bank branches.

Through the programme, South Africans can complete a secure Smart ID application at selected bank branches within minutes using integrated digital systems.

The system allows banks to connect directly to the department’s systems through a secure digital gateway, enabling applications to be processed within 5 to ten minutes without completing paper forms or making prior bookings.

Instead of travelling long distances to one of the country’s 349 Home Affairs offices, applicants will be able to access services at bank branches in their communities.

“The Smart ID digitisation programme was initiated in 2015 under the then Minister of Home Affairs, Dr Malusi Gigaba, as part of government’s broader efforts to modernise the national identification system and enhance service delivery.

“At the time of its launch, the partnership included ABSA, FNB, Nedbank and Standard Bank and Investec. Discovery Bank joined in 2019 under the then Minister of Home Affairs Dr. Siyabonga Cwele,” said GCIS in its statement.

GCIS said the collaboration with banks forms part of the government’s multi-channel access model aimed at expanding the Home Affairs service footprint and making digital ID services more accessible to citizens across the country through the use of bank staff.

The initiative with banks is regulated by Memoranda of Understanding signed between Department of Home Affairs and the banks.

The security guarantees are assured because the ABIS database has the biometrics to ensure that no photo swaps can be facilitated at banks, said the GCIS.

There were 30 bank branches that participated in this initiative before the recent joining of Capitec to the programme. These branches were spread as follows: Gauteng (17), Western Cape (5), Eastern Cape (2), KwaZulu-Natal (3), Mpumalanga (1), Limpopo (1) and Northern Cape (1).

Government said it welcomed that Capitec has ultimately joined the initiative, under Dr Leon Schreiber, the current Minister of Home Affairs, and the upgrading of technologies in banks such as Standard Bank and FNB and the progression to the stage of applications being done at the banks.

“The advancement of this system will support government’s initiative to eradicate the green-barcoded ID books and move South Africans to a more fraud-proof digital IDs,” said the GCIS. – SAnews.gov.za

Janine

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Sunbeth Global Concepts lève 165,73 milliards ₦ avec une offre de papier commercial sursouscrite de 65%

Source: Africa Press Organisation – French


Sunbeth Global Concepts Limited (www.Sunbeth.net) a le plaisir d’annoncer la finalisation des émissions des séries 1, 2 et 3 dans le cadre de son programme de papier commercial, ce qui a permis de lever 165,73 milliards ₦, dépassant largement l’objectif initial de 100 milliards ₦ pour l’ensemble de la série.

Ouverte aux investisseurs le 27 février 2026 et clôturée le 6 mars 2026, l’émission a été structurée en trois séries d’une durée de 179 jours, 270 jours et 364 jours, offrant aux investisseurs de multiples options d’investissement à court terme.

Les billets ont été émis à des taux d’actualisation allant d’environ 19,0% à 19,3%, avec des rendements implicites compris entre 21,0% et 23,5%, reflétant une tarification alignée sur le marché et une forte participation d’investisseurs qualifiés.

Les émissions ont bénéficié d’une forte participation d’investisseurs qualifiés, reflétant la confiance croissante du marché dans le modèle opérationnel de Sunbeth, ses normes de gouvernance et son rôle croissant dans la chaîne de valeur des matières premières agricoles.

Le produit des émissions sera principalement utilisé pour soutenir les besoins en fonds de roulement des activités de Sunbeth dans le secteur du négoce de cacao au Nigeria, renforçant ainsi la capacité de l’entreprise à s’approvisionner, à financer et à exporter du cacao du Nigeria vers les marchés internationaux.

Commentant la clôture de l’émission et la forte participation des investisseurs, Nzubechukwu Anisiobi, directeur de l’exploitation, Sunbeth Global Concepts Limited, déclare : « La forte réponse des investisseurs à nos émissions de papier commercial de séries 1, 2 et 3 représente un véritable vote de confiance dans le modèle et la stratégie à long terme de Sunbeth. Nous sommes profondément reconnaissants envers nos investisseurs et partenaires financiers pour leur confiance et leur soutien. Cette étape importante renforce encore notre capacité à étendre nos opérations commerciales et à approfondir notre contribution au secteur africain des exportations agricoles ».

Adeyemi Aduwo, directeur financier, Sunbeth Global Concepts, a déclaré que le résultat reflète l’intérêt croissant des investisseurs pour la chaîne de valeur des exportations agricoles du Nigeria : « Le marché du cacao traverse une transition profonde en Afrique de l’Ouest, et les entreprises qui combinent de solides capacités commerciales avec une gestion disciplinée des capitaux seront les mieux à même de saisir cette opportunité. Cette émission renforce notre flexibilité en matière de liquidité, ce qui nous permet d’aligner le financement sur les cycles de négociation, de gérer la volatilité grâce à une gestion structurée des risques et de poursuivre notre expansion tout au long de la chaîne de valeur du cacao ».

Au-delà du négoce, la stratégie à long terme de Sunbeth Global Concepts est d’approfondir la participation sur l’ensemble de la chaîne de valeur, y compris la transformation et d’autres segments à plus forte valeur qui peuvent générer des marges plus stables tout en renforçant la position de l’Afrique sur le marché mondial du cacao. La société reste déterminée à maintenir une discipline financière solide, la transparence et le déploiement prudent du capital alors qu’elle continue d’étendre ses activités au Nigeria, au Cameroun, au Ghana et sur d’autres marchés clés d’origine de produits de base.

Le papier commercial sera coté à la FMDQ ou à la Nigerian Exchange (NGX), offrant transparence et liquidité aux investisseurs participants.

Distribué par APO Group pour Sunbeth Global Concepts.

À propos de Sunbeth Global Concepts Limited :
Sunbeth Global Concepts est une société mondiale d’approvisionnement et de négoce de produits agricoles qui s’engage à autonomiser les agriculteurs et à générer un impact socio-économique grâce à des partenariats stratégiques, à l’innovation et à l’expertise sectorielle. La société a son siège social au Nigeria, avec des opérations en Afrique de l’Ouest et centrale, y compris au Cameroun et au Ghana, et des bureaux commerciaux internationaux soutenant les marchés d’exportation mondiaux. Depuis sa création en 2017, la société s’est solidement enracinée dans les industries du cacao et de la noix de cajou et continue d’étendre son influence sur l’ensemble de la chaîne de valeur agricole, offrant une croissance durable et des solutions éprouvées à ses partenaires du monde entier.

BMA dismisses over 50 immigration officers for acts of corruption

Source: Government of South Africa

BMA dismisses over 50 immigration officers for acts of corruption

The Border Management Authority (BMA) has dismissed more than 50 immigration officials found to be involved in corrupt activities at ports of entry across the country.

Speaking to SAnews.gov.za on the sidelines of an Anti-Corruption Forum in Ladybrand on Tuesday, BMA Commissioner Micheal Masiapato said a further 38 immigration officials are currently under investigation.

Masiapato said the affected ports of entry include the Beitbridge, Lebombo, Oshoek and Maseru Bridge border posts, as well as OR Tambo International Airport.

The Commissioner highlighted the authority’s capacity challenges.

“In terms of capacity, we are operating at 25%. We are supposed to be at 11 200 and we are currently operating at 2 600. We have a 75% vacancy rate which is interpreted at 8 000 posts that are supposed to be filled within the Border Management Authority,” he said.

Masiapato welcomed the intervention of President Cyril Ramaphosa and Minister of Finance Enoch Godongwana, who have allocated more than R900 million to the BMA to recruit over 700 individuals from 1 April 2026.

As part of ongoing efforts to root out fraud and corruption at South Africa’s ports of entry, the BMA and the Border Management and Immigration Anti-Corruption Forum (BMIACF) took their anti-corruption campaign to the Maseru Bridge port of entry.

Leaders publicly signed a pledge against corruption and called on officials at the border to follow suit. After the official programme, officials conducted a walkabout at the border post.

Masiapato said the initiative aimed to ensure that every official understands what constitutes corruption.

“It is not just about large sums of money. As outlined in our Code of Conduct, it includes receiving any gratification, favouring relatives and friends, or abusing your position for personal gain,” Masiapato said.

He said the visit was intended to send a clear message that corruption will not be tolerated.

“There is no place for corrupt officials in the BMA. We are working with the Hawks and the Special Investigating Unit to ensure that those who tarnish our badge face the full might of the law.

“We cannot fix the borders if we are busy breaking the law ourselves. Our mandate is to facilitate legitimate trade and travel, not to erect barriers of bribery,” he said.

Masiapato warned that officials who accept bribes not only break the law but also enable criminal activity, deprive the state of revenue and compromise national security.

He warned corrupt officials that they would become “clients” of Correctional Services.

“You just need to be very careful that you don’t find yourself doing the wrong things,” he said, encouraging whistleblowers to come forward so that the officials can be dealt with accordingly. 

Special Investigating Unit (SIU) Acting Head and Chairperson of the Border Management and Immigration Anti-Corruption Forum Leonard Lekgetho said corruption erodes service delivery and robs citizens of opportunities for socio-economic development.

He said the recent investigations by the Special Investigating Unit had revealed disturbing realities. “These findings paint a grim picture, citizenship was made cheap, integrity betrayed, and the nation’s borders auctioned off one permit at a time,” he said.

Lekgetho said officials entrusted with safeguarding the immigration system have instead turned it into a marketplace where permits and visas were sold to the highest bidder.

He therefore called on government, business, civil society and labour to unite in a whole-of-society approach to confront this threat.

“Officials earning less than R25 000 per month received deposits amounting to over R16 million, funnelling bribes through spouses’ accounts to disguise their illicit gains.

“Some built mansions, purchased luxury vehicles, and enriched themselves by unlawfully approving fraudulent permits. Syndicates operated with precision, exploiting weaknesses in verification processes,” he said.

Lekgetho added that the SIU, under Proclamation 154 of 2024, has referred hundreds of matters for criminal prosecution, disciplinary action and administrative review.

“Officials implicated in fraudulent visa schemes have been dismissed and will soon be enrolled for prosecution and exposed,” he said.

The Border and Immigration Anti-Corruption Forum (BMIACF) was established in 2025. 

Lekgetho said the SIU has also developed the National Corruption Risk Management and Prevention Framework, which introduces proactive measures such as lifestyle audits, employee vetting, data analytics and the use of technology like artificial intelligence to detect irregularities before they occur.

“Prevention must stand alongside consequence management,” he said.

Major General Mogadi Bokaba of the Free State Hawks said tackling corruption requires collaboration with other stakeholders.

He said the Hawks were focussed on serious organised crime and commercial crime, adding that strides have been made.

Bokaba urged citizens to safeguard their identify documents.

“Corruption is intentional, people know what they are doing. There is no joy reading our colleagues their rights,” he said.

Dr Nicholas Funda from the South African National Parks (SANParks) said they were infiltrating the criminal syndicates but needed more capacity.

“We need to work together to infiltrate the criminal networks. Criminals don’t have boundaries, more boots are needed on the ground and more high-level convictions.”

Funda said harsher sentences must be imposed on these criminals to serve as a deterrent. – SAnews.gov.za

Edwin

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BMA dismissed over 50 immigration officers for acts of corruption

Source: Government of South Africa

BMA dismissed over 50 immigration officers for acts of corruption

The Border Management Authority (BMA) has dismissed more than 50 immigration officials found to be involved in corrupt activities at ports of entry across the country.

Speaking to SAnews.gov.za on the sidelines of an Anti-Corruption Forum in Ladybrand on Tuesday, BMA Commissioner Micheal Masiapato said a further 38 immigration officials are currently under investigation.

Masiapato said the affected ports of entry include the Beitbridge, Lebombo, Oshoek and Maseru Bridge border posts, as well as OR Tambo International Airport.

The Commissioner highlighted the authority’s capacity challenges.

“In terms of capacity, we are operating at 25%. We are supposed to be at 11 200 and we are currently operating at 2 600. We have a 75% vacancy rate which is interpreted at 8 000 posts that are supposed to be filled within the Border Management Authority,” he said.

Masiapato welcomed the intervention of President Cyril Ramaphosa and Minister of Finance Enoch Godongwana, who have allocated more than R900 million to the BMA to recruit over 700 individuals from 1 April 2026.

As part of ongoing efforts to root out fraud and corruption at South Africa’s ports of entry, the BMA and the Border Management and Immigration Anti-Corruption Forum (BMIACF) took their anti-corruption campaign to the Maseru Bridge port of entry.

Leaders publicly signed a pledge against corruption and called on officials at the border to follow suit. After the official programme, officials conducted a walkabout at the border post.

Masiapato said the initiative aimed to ensure that every official understands what constitutes corruption.

“It is not just about large sums of money. As outlined in our Code of Conduct, it includes receiving any gratification, favouring relatives and friends, or abusing your position for personal gain,” Masiapato said.

He said the visit was intended to send a clear message that corruption will not be tolerated.

“There is no place for corrupt officials in the BMA. We are working with the Hawks and the Special Investigating Unit to ensure that those who tarnish our badge face the full might of the law.

“We cannot fix the borders if we are busy breaking the law ourselves. Our mandate is to facilitate legitimate trade and travel, not to erect barriers of bribery,” he said.

Masiapato warned that officials who accept bribes not only break the law but also enable criminal activity, deprive the state of revenue and compromise national security.

He warned corrupt officials that they would become “clients” of Correctional Services.

“You just need to be very careful that you don’t find yourself doing the wrong things,” he said, encouraging whistleblowers to come forward so that the officials can be dealt with accordingly. 

Special Investigating Unit (SIU) Acting Head and Chairperson of the Border Management and Immigration Anti-Corruption Forum Leonard Lekgetho said corruption erodes service delivery and robs citizens of opportunities for socio-economic development.

He said the recent investigations by the Special Investigating Unit had revealed disturbing realities. “These findings paint a grim picture, citizenship was made cheap, integrity betrayed, and the nation’s borders auctioned off one permit at a time,” he said.

Lekgetho said officials entrusted with safeguarding the immigration system have instead turned it into a marketplace where permits and visas were sold to the highest bidder.

He therefore called on government, business, civil society and labour to unite in a whole-of-society approach to confront this threat.

“Officials earning less than R25 000 per month received deposits amounting to over R16 million, funnelling bribes through spouses’ accounts to disguise their illicit gains.

“Some built mansions, purchased luxury vehicles, and enriched themselves by unlawfully approving fraudulent permits. Syndicates operated with precision, exploiting weaknesses in verification processes,” he said.

Lekgetho added that the SIU, under Proclamation 154 of 2024, has referred hundreds of matters for criminal prosecution, disciplinary action and administrative review.

“Officials implicated in fraudulent visa schemes have been dismissed and will soon be enrolled for prosecution and exposed,” he said.

The Border and Immigration Anti-Corruption Forum (BMIACF) was established in 2025. 

Lekgetho said the SIU has also developed the National Corruption Risk Management and Prevention Framework, which introduces proactive measures such as lifestyle audits, employee vetting, data analytics and the use of technology like artificial intelligence to detect irregularities before they occur.

“Prevention must stand alongside consequence management,” he said.

Major General Mogadi Bokaba of the Free State Hawks said tackling corruption requires collaboration with other stakeholders.

He said the Hawks were focussed on serious organised crime and commercial crime, adding that strides have been made.

Bokaba urged citizens to safeguard their identify documents.

“Corruption is intentional, people know what they are doing. There is no joy reading our colleagues their rights,” he said.

Dr Nicholas Funda from the South African National Parks (SANParks) said they were infiltrating the criminal syndicates but needed more capacity.

“We need to work together to infiltrate the criminal networks. Criminals don’t have boundaries, more boots are needed on the ground and more high-level convictions.”

Funda said harsher sentences must be imposed on these criminals to serve as a deterrent. – SAnews.gov.za

Edwin

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Société internationale islamique de financement du commerce (ITFC) et la République islamique de Mauritanie signent un accord-cadre d’un milliard de dollars américains pour renforcer le commerce et le développement économique

Source: Africa Press Organisation – French

La Société internationale islamique de financement du commerce (ITFC) (www.ITFC-IDB.org), membre du Groupe de la Banque islamique de développement (BID), a signé un accord-cadre quinquennal d’un montant de 1 milliard de dollars américains avec la République islamique de Mauritanie pour la période 2026-2030 afin de renforcer la coopération et de soutenir les priorités de développement économique du pays grâce à des initiatives stratégiques de financement du commerce et de renforcement des capacités.

La signature a eu lieu lors de la visite officielle de S.E. Dr Abdallah O. Souleymane O. Cheikh-Sidia, ministre des Affaires économiques et du Développement et gouverneur de la BID, au siège du groupe de la BID à Jeddah. L’accord a été signé au siège de l’ITFC par S.E. Dr Abdallah O. Souleymane O. Cheikh-Sidia et M. Eng. Adeeb Yousuf Al Aama, directeur général de l’ITFC, en présence de S.E. Mohamed Lemine Dhehby, gouverneur de la Banque centrale de Mauritanie et gouverneur suppléant de la BID pour la Mauritanie, ainsi que de représentants de l’ITFC et de membres de la délégation mauritanienne.

Cet accord-cadre reflète la solidité du partenariat entre l’ITFC et la République islamique de Mauritanie et établit un cadre stratégique visant à soutenir le développement socio-économique du pays et à renforcer ses capacités commerciales au cours des cinq prochaines années.

Dans le cadre de cet accord, l’ITFC mobilise des financements et un appui technique au profit des secteurs prioritaires de l’économie mauritanienne, notamment l’énergie, le secteur bancaire et le développement du secteur privé. Le partenariat facilitera également le financement de l’importation de produits énergétiques, la mise à disposition de facilités de financement du commerce et de lignes de confirmation de lettres de crédit au profit des banques locales, ainsi que le soutien aux petites et moyennes entreprises (PME). Il comprendra également des programmes d’assistance technique visant à améliorer la productivité agricole et à promouvoir la facilitation du commerce dans les secteurs stratégiques de l’économie.

 S’exprimant à cette occasion, S.E. Dr Abdellah Souleymane Cheikh Sidia, ministre de l’Économie et du Développement de Mauritanie, a souligné que cet accord contribuera à mobiliser des ressources financières essentielles pour soutenir les priorités nationales de développement et favoriser une croissance économique durable.

M. Adeeb Yousuf Al Aama, DG de l’ITFC, a déclaré que cet accord témoigne de l’engagement continu de l’ITFC à soutenir ses pays membres à travers le développement du commerce. Il a également indiqué que ce partenariat contribuera à renforcer les secteurs clés de l’économie mauritanienne tout en élargissant les opportunités de commerce et d’investissement.

Depuis sa création en 2008, la Mauritanie est un partenaire de longue date de l’ITFC, avec des  financements cumulés dépassant 1,2 milliard de dollars américains, ayant soutenu des secteurs clés de l’économie et contribué au renforcement des capacités commerciales et de développement du pays.

Distribué par APO Group pour International Islamic Trade Finance Corporation (ITFC).

Contactez-nous :   
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À propos de la Société Internationale Islamique de Financement du Commerce (ITFC) :
La Société Internationale Islamique de Financement du Commerce (ITFC) est un membre du Groupe de la Banque Islamique de Développement (BID). Elle a été créée dans le but premier de promouvoir le commerce entre les pays membres de l’OCI, ce qui contribuerait en fin de compte à l’objectif global d’amélioration des conditions socio-économiques des populations à travers le monde. Ayant commencé ses activités en janvier 2008, l’ITFC a fourni 92 milliards de dollars de financement aux pays membres de l’OCI, ce qui en fait le principal fournisseur de solutions commerciales pour les besoins de ses pays membres. Avec pour mission de devenir un catalyseur du développement du commerce pour les pays membres de l’OCI et au-delà, la Société aide les entités des pays membres à obtenir un meilleur accès au financement du commerce et leur fournit les outils nécessaires au renforcement des capacités liées au commerce, ce qui leur permettrait d’être compétitifs sur le marché mondial.  

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The International Islamic Trade Finance Corporation (ITFC) and the Islamic Republic of Mauritania Sign US$ 1 Billion Framework Agreement to Strengthen Trade and Economic Development

Source: APO

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), a member of the Islamic Development Bank (IsDB) Group, signed a US$ 1.0 billion Five-Year Framework Agreement with the Islamic Republic of Mauritania covering the 2026–2030 period to strengthen cooperation and support the country’s economic development priorities through strategic trade finance and capacity-building initiatives.

The signing took place during the official visit of H.E. Dr. Abdallah O. Souleymane O. Cheikh-Sidia, Minister of Economic Affairs and Development and IsDB Governor, to the IsDB Group Headquarters in Jeddah. The agreement was signed at ITFC Headquarters by H.E. Dr. Abdallah O. Souleymane O. Cheikh-Sidia and Eng. Adeeb Yousuf Al Aama, Chief Executive Officer of ITFC, in the presence of H.E. Mohamed Lemine Dhehby, Governor of the Central Bank of Mauritania and IsDB Alternate Governor for Mauritania, as well as representatives from ITFC and members of the Mauritanian delegation.

The Framework Agreement reflects the strong partnership between ITFC and the Islamic Republic of Mauritania establishing a strategic framework to support the country’s socio-economic development and expand its trade capacity over the next five years.

Under the agreement, ITFC will mobilize financing and technical support for priority sectors of the Mauritanian economy, particularly energy, banking, and private sector development. The partnership will facilitate financing for the import of energy commodities, provide trade finance facilities and Confirmation Lines for Letters of Credit to local banks, and support small and medium-sized enterprises (SMEs). It will also include technical assistance programs to enhance agricultural productivity and promote trade facilitation in strategic sectors of the economy.

Speaking during the occasion, H.E. Dr. Abdallah O. Souleymane O. Cheikh-Sidia, Minister of Economic Affairs and Development of Mauritania, highlighted that the agreement will help mobilize critical financial resources to support national development priorities and foster sustainable economic growth.

Eng. Adeeb Al Aama, CEO of ITFC, noted that the agreement demonstrates ITFC’s continued commitment to supporting its member countries through trade-driven development and will help strengthen key sectors of Mauritania’s economy while expanding opportunities for trade and investment.

Since its inception in 2008, Mauritania has been a longstanding partner of ITFC, with cumulative approvals exceeding US$1.2 billion supporting key sectors of the economy and contributing to enhance the country’s trade and development capacity.

Distributed by APO Group on behalf of International Islamic Trade Finance Corporation (ITFC).

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About the International Islamic Trade Finance Corporation (ITFC):
The International Islamic Trade Finance Corporation (ITFC) is a member of the Islamic Development Bank (IsDB) Group. It was established with the primary objective of advancing trade among OIC member countries, which would ultimately contribute to the overarching goal of improving socioeconomic conditions of the people across the world. Commencing operations in January 2008, ITFC has provided more than US$92 billion of financing to OIC member countries, making it the leading provider of trade solutions for these member countries’ needs. With a mission to become a catalyst for trade development for OIC member countries and beyond, the Corporation helps entities in member countries gain better access to trade finance and provides them with the necessary trade-related capacity building tools, which would enable them to successfully compete in the global market.

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