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International Islamic Trade Finance Corporation (ITFC)

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    • International Islamic Trade Finance Corporation (ITFC) and the Central Bank of Nigeria Successfully Conclude Workshops on Islamic Banking and Trade Finance
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Source: International Islamic Trade Finance Corporation (ITFC) |

International Islamic Trade Finance Corporation (ITFC) and the Central Bank of Nigeria Successfully Conclude Workshops on Islamic Banking and Trade Finance

These workshops form part of ITFC’s Integrated Trade Solutions (ITS) framework, aligning with the organization’s goal of providing holistic trade financing interventions in OIC member countries

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org), a member of the Islamic Development Bank (IsDB) Group, in partnership with the Central Bank of Nigeria (CBN), successfully concluded a workshop on Non-Interest Banking and Trade Finance in Nigeria. Held from 17th to 19th September 2024 in Abuja, the sessions aimed…

Energy Capital & Power
Source: Energy Capital & Power |

Fossil Fuels to Power 60% of Africa's Energy by 2040

A FAMAR-sponsored panel discussion at Angola Oil & Gas explored enhancing the value chain in Angola from crude to commerce

By 2040, up to 60% of the African energy matrix will be fossil fuel driven, Anibor Kragha, Executive Secretary of the African Refiners and Distributors Association remarked at a FAMAR-sponsored panel discussion during the Angola Oil & Gas (AOG) conference on Thursday. This, he noted, highlights a fundamental need to…

Energy Capital & Power

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    • Angola’s Minister Azevedo Awards 4 Scholarships to Qualifying Instituto Nacional de Petróleos (INP) Female Students
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Source: Energy Capital & Power |

Angola’s Minister Azevedo Awards 4 Scholarships to Qualifying Instituto Nacional de Petróleos (INP) Female Students

Part of the Albina Faria de Assis Pereira Africano INP Scholarship for Girls, the scholarship supports access to education for females in Angola

Angola’s Minister of Mineral Resources, Petroleum and Gas Diamantino Azevedo awarded four scholarships to female petroleum students during the Angola Oil & Gas conference on Thursday. The scholarships will cover the entire four-year duration of the students’ studies, thereby supporting the education, participation and inclusion of women in the country’s…

Energy Capital & Power

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    • Angola: ExxonMobil Drives Frontier Exploration, Block 15 Redevelopment
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Source: Energy Capital & Power |

Angola: ExxonMobil Drives Frontier Exploration, Block 15 Redevelopment

Katrina Fisher, Managing Director of ExxonMobil Angola, discussed the company’s plans to continue growing its “world-class” assets in Angola at the 2024 Angola Oil & Gas conference

ExxonMobil addressed frontier exploration drilling in Angola’s Namibe Basin and its successful redevelopment program in offshore Block 15 during an on-stage interview with Katrina Fisher, Managing Director of ExxonMobil Angola, at Angola Oil & Gas 2024.   “We undertook an 18-well program with partners Azule Energy, Equinor and Sonangol. Strong collaboration…

Ecobank Transnational Incorporated

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    • (Front, from left) Sebastian Ashong-Katai, MD, Ecobank Sierra Leone and Samir Abhyankar, MD and Head of Financial Services, BII (Back, from left) Kevin James, Head of International Organisations & Development Finance Institutions – USA, UK & Europe, Ecobank; Jo Fry, Investment Director and Head of Intermediated Financial Services, BII; HE Morie Komba Manyeh, Sierra Leone High Commissioner to the UK; Wahid Ben Tanfous, Investment Manager, BII and Alex Kucharski, Head of West Africa for ARIA, BII
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Source: Ecobank Transnational Incorporated |

British International Investment and Ecobank Sierra Leone sign $25 million risk sharing agreement to boost private sector growth

The investment will help Ecobank Sierra Leone to grow its loan book by increasing credit limits and extend lending tenors to up to five years

The facility will increase lending to businesses in Sierra Leone where access to finance is limited, support local currency lending and provide longer-term loans which are generally unavailable; It demonstrates BII’s ability to act as a first mover in frontier markets, navigating risk and working with partners to create impact;…

Economic Community of West African States (ECOWAS)
Source: Economic Community of West African States (ECOWAS) |

The 2023 West African Epidemiology Network on Drug Use (WENDU) Report: Statistics and Trends on Illicit Drug Supply and Drug Use Officially Released

The Report highlighted the emerging threat of new drugs, particularly Kush, which has created a public health emergency in several Economic Community of West African States (ECOWAS) Member States (MS)

The 2023 West African Epidemiology Network on Drug Use (WENDU) Report: Statistics and Trends on Illicit Drug Supply and Drug Use was officially launched on 11th September 2024 in Freetown, Sierra Leone during a hybrid event that involved both virtual and in-person participants. The meeting aimed to achieve two primary…

United Nations Office for Disaster Risk Reduction (UNDRR)
Source: United Nations Office for Disaster Risk Reduction (UNDRR) |

Aswan hosts a workshop to enhance urban resilience and build more resilient communities to disasters

Local governments are on the “front lines of opportunities” for disaster mitigation – preventing people from falling into poverty; protecting hard-won local development gains; and enabling municipalities to become more inclusive, safe, resilient, and sustainable

Aswan Governorate hosted a workshop under the framework of the “Making Cities Resilient 2030” programme from 28 to 31 July 2024. It was co-organized by the United Nations Office for Disaster Risk Reduction and the National Committee for Crisis and Disaster Management subordinate to the Council of Ministers. The workshop…

Office of the UN High Commissioner for Human Rights (OHCHR)
Source: Office of the UN High Commissioner for Human Rights (OHCHR) |

UN women’s rights committee to review Lao, Saudi Arabia, New Zealand, Chile, Canada, Japan, Cuba, and Benin

The above eight countries are among the 189 States parties to the Convention on the Elimination of All Forms of Discrimination against Women

The UN Committee on the Elimination of Discrimination against Women (CEDAW) will review Lao People’s Democratic Republic, Saudi Arabia, New Zealand, Chile, Canada, Japan, Cuba, and Benin during its current session from 7 to 25 October. The above eight countries are among the 189 States parties to the Convention on the Elimination of…

Office of the UN High Commissioner for Human Rights (OHCHR)
Source: Office of the UN High Commissioner for Human Rights (OHCHR) |

Somalia: Global community must continue assistance to help strengthen country’s human rights institutions, says United Nations (UN) expert

The conflict between Al-Shabaab and the Somali authorities, with the support of allied regional and international forces, continues to have a devastating impact on civilians

Somalia is showing resilience against persistent security, human rights and socio-economic challenges but needs continued international help as climate change and natural disasters compound suffering, loss of livelihood and rights violations, a UN expert said today. In her fourth report the Human Rights Council, the Independent Expert on the situation of human…

Presidency of the Arab Republic of Egypt
Source: Presidency of the Arab Republic of Egypt |

Egypt: President El-Sisi Meets the Prime Minister and the Minister of Finance

President El-Sisi gave directives to continue the comprehensive institutional reform process

Today, President Abdel Fattah El-Sisi met with Prime Minister, Dr. Mostafa Madbouly, and Minister of Finance, Mr. Ahmed Kouchouk. The President was updated on the financial performance indicators of the general budget and the government’s efforts to achieve fiscal balance, which contribute to improving the performance of the national economy,…