IFC, SocGen, BNP Paribas finance cotton campaign in Burkina Faso

Region:

Middle East & Africa

The International Finance Corportion has signed a €65 million financing facility with Societe Burkinabe des Fibres Textiles (SOFITEX) to finance the 2017-2018 cotton campaign in Burkina Faso. IFC will finance €28.5 million of the facility, while Societe Generale will also provide €28.5 million and BNP Paribas an additional €10 million financing. The facility will allow SOFITEX to buy cotton from its producers and convey it to the Abidjan, Cotonou and Lome ports, from where it will be exported to international markets.

View source

Who will finance Italy’s FER-X buildout?

Perspective

08 October 2026

Who will finance Italy’s FER-X buildout?

Italy’s new renewables incentives regime looks bankable – and the EIB, CDP and SACE are queuing up to support the build-out. Sunprime’s €507 million programme illustrates how...

Revego's CIO on Why Africa's $120 Billion Infrastructure Gap Could Double Without a Secondary Market

Video

12 October 2026

Revego's CIO on Why Africa's $120 Billion Infrastructure Gap...

In this episode of Uxolo: In-Depth With, Jessica Brown speaks with Ziyaad Sarang, Chief Investment Officer at Revego Fund Managers, about the fund's unusual place in African...

Must See

Reimagining trade, risk distribution and defence at ITFA Split

Perspective

05 October 2026

Reimagining trade, risk distribution and defence at ITFA Split

At ITFA's annual trade finance event in Split, Croatia, trade finance banks and insurers say they are responding to evolving risk appetites in CEE and beyond. How risk is being priced and distributed, particularly in challenging markets, is a constant preoccupation.

Perspective

08 October 2026

Who will finance Italy’s FER-X buildout?

Italy’s new renewables incentives regime looks bankable – and the EIB, CDP and SACE are queuing up to support the build-out. Sunprime’s €507 million programme illustrates how developers can blend debt from DFIs and commercial banks. It also illustrates the challenges in assembling a strong pipeline.

Video

12 October 2026

Revego's CIO on Why Africa's $120 Billion Infrastructure Gap Could Double Without a Secondary Market

In this episode of Uxolo: In-Depth With, Jessica Brown speaks with Ziyaad Sarang, Chief Investment Officer at Revego Fund Managers, about the fund's unusual place in African infrastructure investing: it buys operating renewable energy assets and holds them for the long term.