Africa

Africa

South Africa Plans Rand Sukuk to Help Plug Widening Budget Gap

South Africa plans to sell rand-denominated Islamic notes, increase domestic-debt issuance and speed up its bond-switch program to meet a wall of redemptions and...

Green Bonds Revolution for Africa’s Exchanges

Kenya’s President Uhuru Kenyatta opened trading on the London Stock Exchange on 20 January to celebrate the first week of a dual-listed KES4.3bn ($42.7m)...

Islamic Finance Growth in Africa: Still a Mixed Picture

The development and growth of Islamic finance in Africa has been lauded manifold in recent times and there have indeed a wealth of initiatives...

Sokoto Inaugurates Microfinance Bank, Disburses N1bn Soft Loan

Sokoto State Government has disbursed interest-free loans worth N1 billion to traders and artisans in the state. The disbursement of the loan was done...

Firm Starts Islamic Investment Scheme in Tanzania

Investors who seek Sharia-compliant opportunities got a new avenue after a Tanzanian advisory firm introduced a scheme to offer such services in the country. Launched...

Egypt’s CIAF Presents Prospectus for Sukuk Offering to FRA End of...

CIAF Leasing is ready to present the prospectus for the Sukuk offering to the Financial Regulatory Authority (FRA) by the end of next week,...