News
13 March 2026

ICD to arrange up to $900m Islamic financing for Mauritania iron ore project

In:
Metals and Mining
Region:
Middle East & Africa

The Islamic Corporation for the Development of the Private Sector (ICD) will arrange up to $900 million of Shariah-compliant financing for Mauritania Saudi Mining and Steel Company (Takamul) to develop the Atomai iron ore project. ICD, the private sector arm of the Islamic Development Bank,...

Exclusive subscriber content…

If you are a Proximo subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to Proximo Intelligence contact us

Request Access

You might also like


Interview
02 April 2026

KEXIM adapts to support the project cycle

Proximo spoke with Sang-Jin Ju, KEXIM’s executive director of project finance, to outline the ECA’s activity and how its adapting support to Korean EPCs in overseas PPP...

Perspective
17 April 2026

Chamonix Infrastructure: The CLO as integrated distribution

A debut project finance loan securitisation from Natixis has a fresh geographical focus. It also points to a way for banks to integrate CLOs into their distribution strategy