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The Presidency, Republic of Ghana
Source: The Presidency, Republic of Ghana |

President Akufo-Addo Leads Call to Double International Development Association (IDA) Funding at Nairobi Summit

The President highlighted Africa's infrastructure needs, estimated at a staggering $130 billion to $170 billion annually, with a yawning financing gap of $68 billion to $108 billion

In a resounding address at the 2024 International Development Association (IDA) Summit held in Nairobi, President Nana Addo Dankwa Akufo-Addo of Ghana emerged as a leading voice, advocating for a groundbreaking initiative: the doubling of funding for the IDA. Amidst a backdrop of global challenges, President Akufo-Addo's clarion call for…

Ministry of Foreign Affairs of Japan
Source: Ministry of Foreign Affairs of Japan |

Foreign Minister Kamikawa’s Courtesy call on President Ouattara of the Republic of Côte d'Ivoire

They affirmed their commitment to work together to promote common values such as Women, Peace and Security (WPS), the rule of law, and democracy

On April 29, commencing at noon (local time)(9: 00 p.m. JST) for approximately 45 minutes, Ms. KAMIKAWA Yoko, Minister for Foreign Affairs of Japan, who is visiting the Republic of Côte d'Ivoire, paid a courtesy call on H.E.Mr. Alassane Ouattara, President of the Republic of Côte d’Ivoire. The overview is…

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

Economic Community of West African States (ECOWAS) Convenes meeting of the sub-committee of the ECOWAS Judicial Council on enforcement of the judgements of the Community Court of Justice

The subcommittee focused on identifying ways to remove barriers that hinder the enforcement of Court judgments

The Economic Community of West African States (ECOWAS) Judicial Council has convened a three-day sub-committee of the ECOWAS Judicial Council on enforcement of the judgements of the Community Court of Justice from April 23rd to 25th, 2024,in Dakar, Sénégal, to examine the rules and texts relating to the enforcement of…

State House Sierra Leone
Source: State House Sierra Leone |

Sierra Leone’s President Julius Maada Bio Joins Colleague Heads of State in Kenya for the International Development Association Heads of State Summit

President Bio also highlighted the need for decisive and collaborative actions from African governments, the international community, and reliable development partners like the World Bank Group

His Excellency President Dr Julius Maada Bio has attended the two-day International Development Association Heads of State summit, IDA21, to discuss key priorities for financing in Africa and championing ambitious financing replenishment that will support transformational development objectives in the region. Host President, His Excellency William Kipchirchir Samoei Arap Ruto,…

Azentio Software Private Limited

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    • Azentio Software On Stage winning three honours at IBSi Digital Banking Awards 2024
    • Digital Badge of Regional Winners Middle East Africa
    • Digital Badge of Segment Winners SME Corporate Banking
    • Digital Badge of Segment Winners Compliance Management
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Source: Azentio Software Private Limited |

Azentio Software wins three honours at IBS intelligence (IBSi) Digital Banking Awards 2024

Coveted industry recognitions for consistent value provided to financial institutions across domains and regions

Azentio Software (“Azentio”) (www.Azentio.com), a Singapore-headquartered technology firm owned by funds advised by Apax Partners, announced today that it has won three awards with its respective clients, at the IBSi Digital Banking Awards 2024 ceremony, held as a part of the prestigious Cedar-IBSi Digital Banking & AI Summit, on April…

Energy Capital & Power

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    • Protteja Seguros Joins Angola Oil & Gas (AOG) 2024 as Silver Sponsor
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Source: Energy Capital & Power |

Protteja Seguros Joins Angola Oil & Gas (AOG) 2024 as Silver Sponsor

Protteja Seguros will also sponsor a Financial/Insurance panel discussion at the AOG 2024 conference, which takes place in Luanda from October 2-3

Insurance company Protteja Seguros has joined the Angola Oil & Gas (AOG) 2024 conference as a silver sponsor. Reflecting its commitment to supporting growth of the Angolan oil and gas market, the company will also sponsor a Financial/Insurance panel discussion during this year’s event. Fully committed to improving the quality…

International Islamic Trade Finance Corporation (ITFC)

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    • International Islamic Trade Finance Corporation (ITFC) Delivers Impactful Trade Solutions in 2023 Amid a Changing and Challenging Global Environment
    • International Islamic Trade Finance Corporation (ITFC) Delivers Impactful Trade Solutions in 2023 Amid a Changing and Challenging Global Environment (AR)
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Source: International Islamic Trade Finance Corporation (ITFC) |

International Islamic Trade Finance Corporation (ITFC) Delivers Impactful Trade Solutions in 2023 Amid a Changing and Challenging Global Environment

The Annual Report Showcases ITFC Navigating Change and Driving Impact to Deliver Major Milestones and Significant Achievements

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org), a member of the Islamic Development Bank Group (IsDB), proudly announces the release of its 2023 Annual Report, on the them "Navigating Change, Driving Impact." This report demonstrates ITFC's resilience and adaptability in supporting its member countries through strategic trade financing and…

Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC)

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    • The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) and Indonesia Eximbank Join Forces in a Strategic Retakaful Partnership to Expand Export Credit Solutions
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Source: Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) |

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) and Indonesia Eximbank Join Forces in a Strategic Retakaful Partnership to Expand Export Credit Solutions

This strategic agreement provides retakaful expertise and capacity through a Quota Share Treaty, specifically designed to support the launch of Indonesia Eximbank's new Export Credit Takaful product/program

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) (http://ICIEC.IsDB.org), a premier Shariah-based multilateral insurer and a member of the Islamic Development Bank (IsDB) Group, is thrilled to announce the signing of a Quota Share Retakaful Treaty with Indonesia  Eximbank. The signing ceremony took place during the…

President of the Republic of Kenya

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    • President Ruto To International Development Association (IDA): Enhance Concessional Funding
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Source: President of the Republic of Kenya |

President Ruto To International Development Association (IDA): Enhance Concessional Funding

President Ruto called for tripling of IDA’s financing capacity to $279 billion by 2030, while maintaining the essential concessional nature of its financing in accordance with the recommendations of the G20 Independent Expert Group

President William Ruto has led African heads of state and government in calling for increased concessional funding from the World Bank’s International Development Association (IDA). IDA supports low-income countries with grants and long-term low-interest loans for development. President Ruto called for tripling of IDA’s financing capacity to $279 billion by…

Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC)

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    • Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) and Federation of Contractors from Islamic Countries Sign Memorandum of Understanding (MoU) to Promote Islamic Insurance Solutions (1)
    • Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) and Federation of Contractors from Islamic Countries Sign Memorandum of Understanding (MoU) to Promote Islamic Insurance Solutions (2)
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Source: Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) |

Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) and Federation of Contractors from Islamic Countries Sign Memorandum of Understanding (MoU) to Promote Islamic Insurance Solutions

This agreement was signed by ICIEC CEO Mr. Oussama Kaissi and Mr. Zakariyah AbdulRahman Al Abdulqadir, President, FOCIC during the IsDB Group Annual Meeting 2024 held in Riyadh

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) (http://ICIEC.IsDB.org), a Shariah-based multilateral insurer and a member of the Islamic Development Bank (IsDB) Group, is delighted to announce the signing of a Memorandum of Understanding (MoU) with the Federation of Contractors from Islamic Countries (FOCIC). This  agreement…