Djibouti Secures $750 Million Trade Finance Deal with ITFC

Djibouti has finalized a $750 million framework agreement with the International Islamic Trade Finance Corporation to bolster its economy through 2029. Signed in Baku by Minister Ilyas Moussa Dawaleh and ITFC CEO Adeeb Yousuf Al Aama, the deal targets core infrastructure, energy stability, and essential food security across the nation.

Editorial·June 19, 2026·reads: 281

Djibouti Secures $750 Million Trade Finance Deal with ITFC

The four-year partnership prioritizes sectors vital for long-term growth, specifically addressing energy, healthcare, and private sector trade. By expanding access to capital, the agreement aims to streamline the import of essential goods and provide local financial institutions with the liquidity required to support domestic business development.

This commitment extends a relationship dating back to 2008, during which the ITFC has provided approximately $1.9 billion in financing to the country. Given Djibouti’s status as a primary logistics gateway in the Horn of Africa, this capital is intended to reinforce the nation's position as a regional trade hub. The funding focuses on maintaining consistent supply chains and facilitating the strategic imports necessary to sustain port activities and public services.