Africa

Africa

Africa Needs Co-ordinated Approach to Blockchain Regulation

A plan by young entrepreneurs in Kenya to build a golf course using Blockchain and a stable coin backed by real currency highlights the...

Mogadishu-Based Amana Bank Signs Comprehensive Software deal with Path Solutions

Amana Bank, a leading Islamic bank in Somalia today announced that it has selected iMAL, the AAOIFI-certified core banking platform from Path Solutions to...

Islamic Development Bank, IOM Partner NIDCOM on Diaspora Humanitarian Sukuk

The Islamic Development Bank (IDB), in collaboration with the International Organisation for Migration (IOM) is partnering with the NIDCOM (Nigerians in Diaspora Commission) on...

Algeria to Launch Islamic Insurance, Open Banks in Africa

Algeria will for the first time launch Islamic insurance, known as takaful, as the government seeks to boost the country's Islamic finance industry, Finance...

Off-Grid Power Takes Off in Africa

Africa’s leaders are learning to love off-grid renewable energy. What used to be seen as, at best, an adjunct to large-scale thermal and hydro-based...

Noor Takaful in Nigeria Distributes N15m Surplus

Policyholders of Noor Takaful, an Islamic insurance firm, have earned a surplus or cashback payment of N15 million having not made any claim. The...