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...
Islamic Development Bank Freezes Somalia Project
The Islamic Development Bank has suspended a multimillion-dollar project in Somalia due to accusations of corruption and mismanagement. Started in October 2016, the Dryland...