Africa

Africa

Moody’s: Togo among Top 10 Sukuk Issuers in Africa

Togo is part of the Top 10 African countries that raised the most funds by issuing sukuks, according to U.S. rating agency Moody’s. According to...

Green Bonds Will Spur Investment in Climate Technology

Most additive and extractive industrial pursuits that are often the go-to solution for most government development agenda are the same ones that also carry...

Promising Growth Prospects for Islamic Finance in 18 African Countries

Since 2014, Islamic finance is expanding rapidly across Africa with $2.3 billion African sukuk, or Islamic bond, issuance, providing new funding sources for both...

Rains, Red Tape Slow FG’s Sukuk Funded Road Projects in Nigeria

Work on many Federal Government highway projects funded by Sukuk are presently going at a very slow pace. A check by our correspondents in...

Angola Receives Renewable Energy Investments Worth $1M

The Sustainable Energy Fund for Africa (SEFA), managed by the African Development Bank, has approved a $1 million grant to Independent Power Producers (IPPs)...

Green Growth Should be Part of Kenya’s Development Agenda

It is well understood in economic circles that the pursuit of development requires heavy financing. This has led to the establishment of innovative financing...