Africa

Africa

Islamic Microfinance Institution Raouda Finance Launches Its Mutual Fund “Al Baraka”

Raouda Finance, an Ivorian microfinance institution specialized in Islamic financial services, launched a mutual fund named "Al Baraka", which is constituted of securities, debt...

Sukuk Bond: Ministry of Works Receives N100bn for Road Projects

The ministry of Power, Works and Housing has received one hundred billion naira for road projects across the country. The funds are proceeds from a...

CTICC Conference on Green Economy to Advance Low-carbon Agenda

The Partnership for Action on the Green Economy (Page) ministerial conference at the Cape Town International Convention Centre (CTICC) will advance the agenda of...

Umahi to Access N50 Billion Loan from Islamic Development Bank

Ebonyi State government says it has concluded all arrangements to access N50 billion loan from the Islamic Development Bank. Recall that the loan had suffered...

The Relevance of Islamic Financing to Big 4 Agenda

It is obvious that traditional approaches to development that afford the Government full mandate to determine priorities and manage resource mobilisation and allocation cannot...

Touching Lives with Sustainable Banking

The World Bank poverty index is not looking good for sub-Saharan Africa. While the global rate of poverty is declining, its rate in sub-Saharan...