African Development Bank Group (AfDB)
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    • The African Development Bank will provide the tools that are needed to digitize the Comorian economy
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Source: African Development Bank Group (AfDB) |

Comoros: African Development Bank grants over 9 million euros for digitizing the Comorian economy

The Bank’s financing consists of 4.02 million euros provided by the African Development Fund, the Bank’s concessional loan agency, and a further 5.49 million euros provided by the Bank’s Transition Support Facility

The Board of Directors of the African Development Bank (AfDB) Group (www.AfDB.org) has approved financing of 9.51 million euros to the Comoros for implementation of the Project to Support the Digitization of the Comorian Economy. With a total cost of 22.53 million euros, the Bank’s financing consists of 4.02 million…

International Islamic Trade Finance Corporation (ITFC)
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    • Comoros’ Minister of Finance, Budget, and Banking Sector, and IsDB Governor, H.E. Mr. Mohamed Ibrahim Abdourazak and ITFC’s CEO, Eng. Hani Salem Sonbol (1)
    • Comoros’ Minister of Finance, Budget, and Banking Sector, and IsDB Governor, H.E. Mr. Mohamed Ibrahim Abdourazak and ITFC’s CEO, Eng. Hani Salem Sonbol (2)
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Source: International Islamic Trade Finance Corporation (ITFC) |

CORRECTION: The International Islamic Trade Finance Corporation (ITFC) and Union of Comoros Strengthen Partnership with New EUR 330 Million Framework Agreement and Food Security Facility

The new 3-year Framework Agreement builds on the success of the previous EUR 330 million agreement, which achieved 83% of its target

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org), a member of the Islamic Development Bank (IsDB) Group, and the Union of Comoros have signed a new EUR 330 Million Framework Agreement, reinforcing their strong partnership. The agreement was signed by ITFC’s CEO, Eng. Hani Salem Sonbol, Comoros’ Minister of Finance, Budget,…

International Islamic Trade Finance Corporation (ITFC)
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    • Minister of Finance, Budget and Banking of the Union of Comoros, Mr. Ibrahim Mohamed Abdourazak and Eng. Hani Salem Sonbol, CEO of ITFC (1)
    • Minister of Finance, Budget and Banking of the Union of Comoros, Mr. Ibrahim Mohamed Abdourazak and Eng. Hani Salem Sonbol, CEO of ITFC (2)
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Source: International Islamic Trade Finance Corporation (ITFC) |

The International Islamic Trade Finance Corporation (ITFC) and Union of Comoros Strengthen Partnership with New EUR 330 Million Framework Agreement and Food Security Facility

The new 3-year Framework Agreement builds on the success of the previous EUR 330 million agreement, which achieved 83% of its target

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org), a member of the Islamic Development Bank (IsDB) Group, and the Union of Comoros have signed a new EUR 330 Million Framework Agreement, reinforcing their strong partnership. The agreement was signed by ITFC’s CEO, Eng. Hani Salem Sonbol, Comoros’ Minister of Finance, Budget,…

Source: Presidency of the Arab Republic of Egypt |

President El-Sisi Speaks with President of the Union of Comoros Azali Assoumani

President Assoumani expressed his deep appreciation for this kind gesture, confirming that Egypt's supportive stance demonstrates the strong bonds between the two brotherly countries

Today, President Abdel Fattah El-Sisi spoke by phone with President of the Union of Comoros, HE Azali Assoumani, to inquire about his health following the assassination attempt he endured. President El-Sisi condemned the heinous attempt on President Assoumani's life, emphasizing Egypt's solidarity and full support for the security and stability…

Source: United Arab Emirates Ministry of Foreign Affairs & International Cooperation |

United Arab Emirates (UAE) condemns stabbing incident which targeted President of Comoros

The Ministry of Foreign Affairs, expressed the UAE's solidarity with his family, as well as with the government and people of the Union of the Comoros

The UAE has strongly condemned the stabbing incident targeting His Excellency Azali Assoumani, President of the Union of the Comoros, which resulted in his injury. The UAE expressed its sincere sympathy over this tragic incident. In a statement, the Ministry of Foreign Affairs, expressed the UAE's solidarity with his family,…

Source: Coca-Cola |

The Coca-Cola System in Africa Unveils Water Stewardship Initiative

‘The Coca-Cola System’s Africa Water Stewardship Initiative’, with a nearly USD 25 million investment, will support water solutions in local communities in Africa

The Coca-Cola Company in Africa (www.Coca-ColaCompany.com) and its bottling partners Coca-Cola Beverages Africa (CCBA), Equatorial Coca-Cola Bottling Company (ECCBC) and Coca-Cola HBC announced a nearly USD 25 million investment to help address critical water-related challenges in local communities in 20 African countries, starting this year through 2030. The work will…

Source: Ministry of Foreign Affairs of Japan |

Japan-Comoros Foreign Ministers’ Meeting

The two ministers confirmed that they would further develop Japan-Comoros relations towards TICAD 9 in the coming year

On August 24, commencing at 4:28 p.m. (for approximately 15 minutes), Ms. KAMIKAWA Yoko, Minister for Foreign Affairs of Japan, held a meeting with H.E. Mr. Mohamed MBAE, Minister of Foreign Affairs and International Cooperation of the Union of Comoros, who is visiting Japan to attend the Tokyo International Conference…

Source: The African Union – Interafrican Bureau for Animal Resources (AU-IBAR) |

Uniting for Aquatic Biodiversity: Regional Cooperation in the Northern Mozambique Channel

The workshop aimed to raise awareness about the use of regional MSP approach to enhance cooperation and build capacity among member countries for protecting aquatic biodiversity and environment

A workshop to develop a regional Marine Spatial Planning (MSP) vision and roadmap for the Northern Mozambique Channel (NMC) integrated ocean management approach was recently organized and co-hosted in Dar-es Salaam, Tanzania by WWF in partnership with the African Union – InterAfrican Bureau for Animal Resources (AU-IBAR) on 13th -…

Source: World Trade Organization (WTO) |

Director-General Okonjo-Iweala welcomes Comoros as 165th World Trade Organization (WTO) member

Comoros submitted its instrument of acceptance of the Agreement on Fisheries Subsidies at the same time, bringing the total number of acceptances of the Agreement to 82

The 30-day countdown to Comoros's WTO membership was activated when Ambassador Sultan Chouzour handed Comoros's instrument of acceptance of the Protocol of Accession to WTO Director-General Ngozi Okonjo-Iweala at a meeting of the General Council on 22 July 2024. Comoros submitted its instrument of acceptance of the Agreement on Fisheries Subsidies…

African Development Bank Group (AfDB)
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    • African Development Bank Group supports the Union of the Comoros in extending and modernizing Moroni and Boingoma ports to boost trade and economic development
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Source: African Development Bank Group (AfDB) |

African Development Fund grants the Union of the Comoros $135 million to develop its ports and facilitate regional trade

The project will improve the Union of the Comoros' national and international connectivity by upgrading port infrastructure, promoting regional integration and creating an ecosystem conducive to the development of value chains

The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a $135 million package to the Union of the Comoros – its largest ever to the Indian Ocean archipelago – to finance a major maritime and regional trade project. The support for the Maritime Corridor and Regional…