News

  In a significant move aimed at boosting industrial development across Africa, African Export-Import Bank (Afreximbank) (www.Afreximbank.com) signed a US$450 million global credit facility with ARISE IIP, the leading pan-African developer and operator of world-class industrial parks. This financing will support the development of industrial parks and Special Economic Zones (SEZ), while also providing crucial trade finance support to businesses operating within the ARISE IIP ecosystem.  The US$ 450 million, […]

  The Third Line: ICD and Turonbank announce a USD 30 million Islamic line of financing facility to bolster Uzbekistan’s private sector development. Empowering Entrepreneurs: The new facility is designed to accelerate SME growth and foster economic development in Uzbekistan. ​Strengthened Collaboration: This initiative reaffirms the long-standing partnership between ICD and Turonbank, aligning with ICD’s mission to support private sector growth. The Islamic Corporation for the Development of the Private […]

  The inaugural Mining in Motion Summit (MiningInMotionSummit.com) – Ghana’s premier event bringing together small-scale gold miners, policymakers and global partners – takes place under the theme Sustainable Mining&Local Growth – Leveraging Resources for Global Impact. Taking place from June 2–4, 2025, at the Kempinski Hotel Gold Coast City in Accra, the event will feature high-level panel discussions, project showcases and exclusive networking opportunities, spotlighting lucrative prospects within Ghana’s mining sector. Global […]

Lawmakers are actively reviewing proposed amendments to the Members of Parliament and Other Office Bearers Pension Fund. The discussion is focusing on enhancing financial security for public office holders and ensuring sustainability. Some MPs are arguing for increased contributions, while others are raising concerns about fiscal responsibility. The reforms aim to balance long-term benefits with economic realities. A final decision is set to be made after further consultations.The post MPs […]

Ehangano lo Namdia ola shiivifa lamonapo okawe oko kali kavakwapo kongushu yee  N$40.6 million. Okawe oko kamonika oko mouwe vongushu yo shimaliwa shee N$314.9 va kala vehewetike. Oo eli omupopiliko wehangano lo Namdia, Beverly Coussement, okwe shikoleka momukanda oo apitifila oikundaneki ongula yonena. Nande ongaho ina yelifa kutya okawe akeshe kumwe oko ka vakelwepo okali kefike peni ile apopye opo kahangwa. Olopota yapitifwa nena oili yo tete taipitifwa kehangano lo […]

  The Fourth Line: ICD and Asia Alliance Bank announce a USD 25 million Islamic line of financing facility to bolster Uzbekistan’s private sector development.  Empowering Entrepreneurs: The new facility is designed to accelerate SME growth and foster economic development in Uzbekistan.  Strengthened Collaboration: This initiative reaffirms the long-standing partnership between ICD and Asia Alliance Bank, aligning with ICD’s mission to support private sector growth.  The Islamic Corporation for the […]

Namib Desert Diamonds (NAMDIA) has given an update on the armed robbery at its premises, confirming that diamonds worth N$40.6 million have been recovered out of the N$314.9 million stolen. The Namibian Police Force is leading the investigation, with two suspects arrested and scheduled to appear in court on 23 May 2025. The diamond marketing and sales company has reaffirmed its commitment to increasing security measures to prevent future incidents. […]

  The Milken Institute and the Motsepe Foundation are pleased to announce the three teams advancing to the final round of the Milken-Motsepe Prize in FinTech (https://MilkenMotsepePrize.org/). These innovators are competing for the prestigious US$1 million Grand Prize. The Milken-Motsepe Prize in FinTech aims to recognise groundbreaking solutions for expanding financial inclusion for small businesses in emerging and frontier markets.  The Milken-Motsepe Prize in FinTech, supports the use of cutting-edge […]