Abia to get $125 million from IsDB for Infrastructure The Islamic Development Bank (IsDB) has earmarked $125 million to facilitate the Abia State Integrated Infrastructure Development Project. This strategic initiative, revealed in a statement by the IsDB, is part of a broader $225 million funding approval...

Abia to get $125 million from IsDB for Infrastructure The Islamic Development Bank (IsDB) has earmarked $125 million to facilitate the Abia State Integrated Infrastructure Development Project. This strategic initiative, revealed in a statement by the IsDB, is part of a broader $225 million funding approval...

CBN To Charge Protection Fees On Non-interest Securities         The Central Bank of Nigeria (CBN) says it will charge protection fees from investors in its Non-Interest Asset Backed Securities. One of the features of the CBN Non-Interest Asset Backed Securities (CNI-ABS), contained in a draft framework issued...

Afreximbank, Others Unveil $1.5bn Facility To Support Food Production         The African Export-Import Bank (Afreximbank) has partnered with the International Islamic Trade Finance Corporation (ITFC), the Trade Finance Arm of the Islamic Development Bank (IsDB) Group; and the Arab Bank For Economic Development in Africa (BADEA),...

Afreximbank, others inaugurate $1.5 bn facility to tackle African COVID-19 Impact  The African Export-Import Bank (Afreximbank) has inaugurated a 1.5 billion dollar collaborative COVID-19 Pandemic Response Facility (COPREFA) to support African economies with rapid financial assistance to reduce the impact of COVID-19. Afreximbank and its collaborators in Cairo,...