The Worldwide Islamic Trade Finance Corporation (ITFC) (ITFC-idb.org) approved a Euro 100 million Murabaha financing to SENELEC (Senegal Countrywide Ability Corporation). The company’s strategic mandate is to make sure the output, transmission, and distribution of electric power in Senegal. This approval reflects ITFC’s motivation to supporting the availability and affordability of […]

Innovations in sustainable finance and digital transformation, alongside critical initiatives in transparency and regulation, will help reinvigorate Africa’s financial markets as they recuperate from the impact of Covid-19. This is in accordance to research in the latest African Monetary Marketplaces Index from Official Financial and Economic Establishments Forum (OMFIF) in […]