Source: International Islamic Trade Finance Corporation (ITFC) | Feb 19, 2026

The International Islamic Trade Finance Corporation (ITFC) signs 2026 Annual Financing Plan with the Republic of Senegal

The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB) Group, has signed the 2026 Annual Financing Plan with the Republic of Senegal, reaffirming its commitment to continue supporting the country’s priorities and economic development agenda

The International Islamic Trade Finance Corporation (ITFC),(https://www.itfc-idb.org/) a member of the Islamic Development Bank (IsDB) Group, has signed the 2026 Annual Financing Plan with the Republic of Senegal, reaffirming its commitment to continue supporting the country’s priorities and economic development agenda. The Annual Financing Plan was signed by Eng. Adeeb…

Source: Afreximbank | Jan 31, 2025

Prosper Africa and Afreximbank Announce New Partnership to Mobilize Trade Opportunities between the United States (U.S.) and Africa

The MoU outlines several key areas of collaboration, including, capital access facilitation, technical and transaction advisory support for creative deals, SME development for agribusiness and textiles, Creative Africa Nexus, and strategic event collaboration

Prosper Africa and African Export-Import Bank (Afreximbank) (www.Afreximbank.com) have signed a new Memorandum of Understanding (MoU) to boost trade and investment between the United States and Africa in key sectors. This strategic partnership aims to leverage the unique strengths of both organizations to mobilize trade opportunities and investment capital, with…

Source: Afreximbank | Apr 08, 2024

Afreximbank delivers exceptional financial results in 2023 amidst a challenging operating environment, results well ahead of expectations

Net interest income reached US$1.4 billion at the end of the 2023 financial year, compared to US$910.3 million in 2022

African Export-Import Bank ("Afreximbank" or the "Group") (www.Afreximbank.com) has released the consolidated financial statements of the Bank and its subsidiaries for the year ended 31 December 2023. Largely propelled by the Bank's and its subsidiaries' growth, the Group's results for the financial year ended 31 December 2023 demonstrate a strong…

Source: International Islamic Trade Finance Corporation (ITFC) | May 13, 2022

The Arab Africa Trade Bridges (AATB) Program and Republic of Tunisia Sign the 2022-2023 Country Program

The agreement lays out a dedicated country program for Tunisia, that includes the implementation of projects for the benefit of the national economy

The Republic of Tunisia, represented by H.E Samir Said, Minister of Economy and Planning endorsed the Arab Africa Trade Bridges (AATB) Program through a signing ceremony that took place with Eng. Hani Salem Sonbol, CEO of the International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org) and Secretary General of the AATB…

Source: Federal Republic of Nigeria | Jan 21, 2022

First NEC Meeting of the year Focuses on Sustainable Ease of Doing Business, Demographic Transition, Others

The initial criteria (framework) focused on security and infrastructure, transparency and access to information, the regulatory environment, and skills and workforce readiness

Determined to consolidate the gains of the previous subnational surveys on Nigeria’s business climate, the National Economic Council (NEC) rose from its first meeting for the year, firmly supporting the second iteration of the Subnational Ease of Doing Business Report which is to be launched in the second quarter of…

Source: Africa Regional Media Hub | Apr 23, 2021

African trade finance sees $5 bn in portfolio outflows in Q1 2020 due to Covid-19, but opportunities exist - report

The survey was conducted by African Export-Import Bank, jointly with the UN Economic Commission for Africa and the African Development Bank-hosted Making Finance Work for Africa Partnership

Constrained global financial conditions caused by Covid-19 have led to massive portfolio outflows from Africa, exceeding $5 billion in the first quarter of 2020, a new continent-wide survey on trade finance has shown. About $3.1 billion left the South African market alone, the report found. Launched on 15 April 2021,…

Source: United Nations | Dec 18, 2020

Women’s job market participation stagnating at less than 50% for the past 25 years, finds UN report

Less than 50% of working-age women are in the labour market, a figure that has barely changed over the last quarter of a century, according to a new UN report launched today. Unpaid domestic and care work falls disproportionately on women, restraining their economic potential as the COVID-19 pandemic additionally affects women’s…

Source: CWC | Sep 03, 2018

His Excellency, the President of Equatorial Guinea and Ministers to open the country’s most anticipated international gas event

The Equatorial Guinea Gas Summit will feature the participation of international delegations from Equatorial Guinea, Nigeria, Burkina Faso, Ghana, Tchad and others

Since the discovery of significant oil reserves in the 1990s, natural gas exploitation and export have become one of the most important assets and economy drivers in Equatorial Guinea. As often expressed by the Government, the country has a vision to become the region’s Gas Hub, which entails close cooperation…

Source: GE | Aug 30, 2018

Clarke Energy Has Been Named Preferred Bidder for Symbion Power’s Lake Kivu Power Projects, Featuring Approximately 25 of GE’s Jenbacher Gas Engines

Two Power Projects at Lake Kivu Will Increase Capacity by 81 Megawatts and Significantly Reduce the Current Cost of Generation in Rwanda

Clarke Energy (www.Clarke-Energy.com) to Provide Approximately 25 of GE’s (www.GE.com) Jenbacher Gas Engines for Symbion Power’s (Symbion-Power.com) Kivu 56 and KP1 Power Plants in Rwanda; Two Power Projects at Lake Kivu Will Increase Capacity by 81 Megawatts and Significantly Reduce the Current Cost of Generation in Rwanda; Clarke Energy Will…

Source: GE | Aug 30, 2018

Clarke Energy Has Been Named Preferred Bidder for Symbion Power’s Lake Kivu Power Projects, Featuring Approximately 25 of GE’s Jenbacher Gas Engines

Clarke Energy Will Create New Jobs in Rwanda to Service GE’s Jenbacher Gas Engines

Clarke Energy (www.ClarkEnergy.com) to Provide Approximately 25 of GE’s (www.GE.com) Jenbacher Gas Engines for Symbion Power’s Kivu 56 and KP1 Power Plants in Rwanda; Two Power Projects at Lake Kivu Will Increase Capacity by 81 Megawatts and Significantly Reduce the Current Cost of Generation in Rwanda; Clarke Energy Will Create New…