Africa

Africa

Global Finance Names Ecobank Most Innovative Bank in Africa

Global Finance has named Ecobank as the most innovative bank in Africa. The announcement was made at the eighth Global Finance annual awards, the...

TAJBank Announces N150b Fed Govt Sukuk Bond Issuance

TAJBank, a non–Interest financial institution, has announced a N150 billion Sukuk Bond of the Federal Government. The founder/Chief Operating Officer TAJBank, Hamid Joda, said: “We...

Zamzam Bank of Ethiopia Sold Over $18 Million Shares

Zamzam Bank S.C., one of the Islamic banks under formation in Ethiopia has sold shares with a total value of 623,694,000 birr (about $18.34...

FG Begins Sale of N150bn Sovereign Sukuk at 11.2%

The Federal Government on Thursday began the sale of its third tranche 7-year N150 billion Sovereign Sukuk, the Debt Management Office (DMO) said. The offer...

African SMEs Need Mixed Markets, Islamic Trade Finance Head Says

Africa can’t afford to wait for its free trade agreement to promote integrated markets for small and medium-sized companies, International Islamic Trade Finance Corporation...

Al Baraka Bank Sudan Prepares for Digital Transformation with iMAL*BI

Kuwait based global Islamic software provider, Path Solutions has announced that Al Baraka Bank Sudan (“BBS”), a subsidiary of the strategic Bahraini multinational banking...