FX Fallout: Nigerian Manufacturers Slam Banks Over Dollar Dispute
Nigerian manufacturers say they’re facing undue pressure from banks over billions in unsettled foreign exchange (FX) forward contracts—remnants of the country’s now-abandoned fixed exchange rate regime. According to the Manufacturers Association of Nigeria (MAN), companies have had accounts frozen and are being harassed to repay dollar obligations the Central Bank has yet to fulfill. These contracts, meant […]
Investing in Family Planning and Maternal Health: A Critical Moment for West Africa
[ Cliquez pour la version française ] By Aparajita Ramakrishnan, The Gates Foundation, and Marie Ba, Ouagadougou Partnership Every two minutes, a woman dies from complications related to pregnancy or childbirth. The effects of maternal mortality go beyond the delivery room. The futures of children, families, communities and economies are jeopardised with every premature death.1,2 […]
Investir Dans La Planification Familiale Et La Santé Maternelle : Un Moment Décisif Pour L’Afrique De L’Ouest
[ Click for English Version ] Par Aparajita Ramakrishnan, Fondation Gates, et Marie Ba, Partenariat de Ouagadougou Toutes les deux minutes, une femme meurt de complications liées à la grossesse ou à l’accouchement. Les effets de la mortalité maternelle dépassent largement la salle d’accouchement. Ce sont les avenirs des enfants, des familles, des communautés et […]
Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) Insurance Cover Unlocks EUR250 Million for Infrastructure and Trade Growth in Six African Member States
The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) (http://ICIEC.IsDB.org), a Shariah-based multilateral insurer and member of the Islamic Development Bank Group, today signed a Non‑Honouring of Financial Obligations for Multilateral Development Banks (NHFO‑MDB) policy to secure a EUR250 million financing package arranged by Standard Chartered. The agreement, concluded on the sidelines […]
Foundations and Evolutions of Structured Trade Finance, Second Edition By Professor Benedict O. Oramah
Structured Trade Finance (STF) is a highly specialised area of trade finance that has evolved directly from practice. As it grows and becomes more complex in an increasingly risk-based regulatory environment, there is a need for more detailed guidance on this subject. Now in its second edition, Foundations and Evolutions of Structured Trade Finance will […]
The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) and Al Baraka Bank–Egypt Signed a Bank Master Policy to Support Funded Islamic Trade Finance Transactions Worth USD50 Million
The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) (www.ICIEC.IsDB.org), a Shariah-based multilateral insurer and member of the Islamic Development Bank Group, today signed a Bank Master Policy (BMP) with Al Baraka Bank-Egypt, on the sidelines of the IsDB Group Annual Meetings 2025 in Algier. The policy was signed by Dr. Khalid […]
DR Congo: Army-Backed Militias Abuse Civilians in South Kivu
End Support to ‘Wazalendo’ Armed Groups; Ensure Disarmament, Accountability A coalition of Congolese army-backed militias known as the “Wazalendo” have recently committed widespread abuses against civilians in South Kivu province, eastern Democratic Republic of Congo, Human Rights Watch said today. The Congolese government has supported the Wazalendo (“patriots” in Swahili) to fight against the abusive M23, […]
Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) Issues USD 40 Million Insurance Policy to Support Dredging & Development of SOHAR Port and Freezone
The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) (https://ICIEC.IsDB.org/), a Shariah-based multilateral insurer and member of the Islamic Development Bank (IsDB) Group, announced —on the sidelines of the IsDB Group Annual Meeting 2025 in Algiers—the signing of a Specific Transaction Policy (STP) for Royal Boskalis (Boskalis), valued at USD 40 million. […]
GEPetrol Chief Executive Officer (CEO) Joins African Energy Week (AEW) 2025 as Equatorial Guinea Accelerates Upstream Revival
Bienvenido Nguema Envo, CEO of Equatorial Guinea’s national oil company GEPetrol, has been confirmed as a speaker at African Energy Week (AEW): Invest in African Energies 2025, taking place from September 29 to October 3 in Cape Town. His participation comes at a pivotal moment for Equatorial Guinea as the country undertakes bold steps to […]
RWANDAIR INVITES PASSENGERS TO EXPLORE AFRICA AND ITS GLOBAL DESTINATIONS WITH ITS NEW ‘RWANDAIR HOLIDAYS’ PLATFORM
SAVE WHEN YOU BUNDLE: RwandAir’s New All-In-One Booking Platform Allows Travellers To Build Their Own Holidays and Save More When Booking Flights, Accommodation, and Travel Experiences Together KIGALI, Rwanda, 23 May 2025-/African Media Agency (AMA)/- RwandAir is glad to announce the launch of RwandAir Holidays, the airline’s newest product addition, an all-in-one travel and accommodation booking […]
