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African Energy Chamber
Source: African Energy Chamber |

Premier Invest to Highlight Africa’s Expanding Financial Footprint at G20 Investment Forum

In alignment with G20 priorities on infrastructure, trade and sustainable growth, René Awambeng, Founder of Premier Invest, will speak at the African Energy Chamber’s G20 African Energy Investment Forum

René Awambeng, Founder and Managing Director of Premier Invest, is set to speak at the upcoming G20 African Energy Investment Forum in Johannesburg, where global investors, policymakers and development institutions convene to advance the growth agenda aligned with G20 strategic priorities. His participation underscores a shift: Africa-based financial leadership engaging…

Islamic Corporation for the Development of the Private Sector (ICD)
Source: Islamic Corporation for the Development of the Private Sector (ICD) |

The Islamic Corporation for the Development of the Private Sector (ICD) successfully closed the first ever Shariah-compliant medium-term syndicated financing facility for AKLease to boost leasing to Small and Medium Enterprises (SMEs) and private sector growth in Türkiye

The 3-year Commodity Murabaha facility was arranged by ICD as the Mandated Lead Arranger, Bookrunner, and Investment Agent, with Al Salam Bank B.S.C. joining as a Joint Lead Arranger

The Islamic Corporation for the Development of the Private Sector (“ICD”) (https://ICD-PS.org), the private sector arm of the Islamic Development Bank (“IsDB”) Group, is pleased to announce the successful closure of a EUR 20 million Shariah-compliant medium-term syndicated financing facility for Ak Finansal Kiralama A.Ş. (“AKLease”), a leading leasing company…

Ministry of Finance - Republic of Ghana
Source: Ministry of Finance - Republic of Ghana |

Ghana: Finance Minister Inspects Abandoned Takoradi Market Circle Project

The Market Circle project, when completed, will transform one of Ghana’s oldest trading centres into a modern commercial hub — improving sanitation, easing congestion, and revitalizing economic activity across the Western Region

Ahead of the presentation of the 2026 Budget Statement on Thursday, November 13, 2025, the Minister for Finance, Dr. Cassiel Ato Forson, visited Takoradi to inspect the Market Circle redevelopment project, which has remained abandoned for the past three years. Dr. Forson said the site represents both the immense promise…

Ministry of Finance - Republic of Ghana
Source: Ministry of Finance - Republic of Ghana |

Ghana: Finance Minister Engages Market Women in Takoradi Ahead of 2026 Budget

The engagement formed part of government’s broader effort to ensure that the 2026 Budget reflects the realities, hopes, and expectations of ordinary Ghanaians

Ahead of the presentation of the 2026 Budget, Finance Minister Dr. Cassiel Ato Forson has engaged traders at Takoradi’s Market Circle as part of his stakeholder consultations. Dr. Forson described the encounter with the traders as the highlight of his visit to the Western Region, noting that the conversations were…

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

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    • Mr. Mourad Mizouri, Secretary General of AMAN UNION and Mr. Naif bin Othman Alajroush, Director General of International & Government Relations at Saudi EXIM
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Source: Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) |

AMAN UNION and Saudi Export-Import Bank (Saudi EXIM Bank) Sign Agreement for the Transfer of AMAN Union General Secretariat

AMAN UNION Secretariat General and Saudi EXIM Bank will cooperate to ensure the smooth transfer of the Union’s duties, responsibilities, records, assets, and the institutional functions of the General Secretariat

AMAN UNION General Secretariat, and the Saudi Export-Import Bank (Saudi EXIM Bank) have signed a Transfer Agreement outlining the framework for transferring the tasks and functions of the General Secretariat of the AMAN Union from AMAN UNION General Secretariat to Saudi EXIM Bank. The agreement was signed by Mr. Mourad…

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

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    • Mrs. Ayan Bektybayeva, Deputy Chairman of the Board of KazakhExport and Dr. Khalid Khalafallah, Chief Executive Officer (CEO) of ICIEC
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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 KazakhExport Renew Quota-Share Treaty Agreement for 2025–2026

This renewal reaffirms the long-standing partnership between the two institutions in advancing trade, investment, and economic cooperation among Organization of Islamic Cooperation (OIC) member states

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) (https://ICIEC.IsDB.org), a Shariah-based multilateral insurer and member of the Islamic Development Bank Group, and KazakhExport, the Export Credit Agency of the Republic of Kazakhstan, have renewed their Quota-Share Treaty Reinsurance Agreement for the fifth consecutive year, covering the…

Western Union Holdings, Inc.
Source: Western Union Holdings, Inc. |

Western Union Introduces “Beyond” Strategy and Provides Medium-Term Financial Outlook at Investor Day

Western Union will provide its medium-term financial outlook reflecting its new long-term strategy

Revenue expected to improve 20% over the next 3 years to $5B (at mid-point)  Adjusted earnings per share (EPS) expected to grow 30% over the next 3 years to $2.30 (at mid-point)  Digital first strategy to create a global two-sided financial services network  Consumer Services is expected to continue double-digit…

Afreximbank

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    • L-R: Engineer Sameh Soliman, Chairman of SAMCO, with Mrs. Kanayo Awani, Afreximbank’s Executive Vice President, Intra-African Trade and Export Development after signing the financing agreement for the construction of Akii Bua Olympic Stadium (Uganda)
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Source: Afreximbank |

Afreximbank extends $36.4-million contract financing facility to Egypt’s SAMCO-National Construction Company (SAMCO) for stadium project in Uganda

The project will help consolidate SAMCO’s position as a leading African contractor capable of executing large-scale, government-backed projects across the continent

African Export-import Bank (Afreximbank) (www.Afreximbank.com) has extended a US$ 36.4-million contract financing facility to Egypt’s SAMCO-National Construction Company (SAMCO) for the construction of the Akii Bua Olympic Stadium in Uganda. The Akii Bua Olympic Stadium, located in Lira, Uganda, is expected to host some of the 2027 Africa Cup of…

African Union (AU)
Source: African Union (AU) |

African Excellence Centre for Inclusive Markets (AIMEC) Executive Director Meets with the Minister of Foreign Affairs, Migration, and Tunisians Abroad of the Republic of Tunisia

The meeting reviewed the Centre's various mandates and the range of activities, programs, and projects it plans to undertake from its base in Tunisia to achieve its objectives across the continent

Mr. Mohamed Ali Nafti, Minister of Foreign Affairs, Migration, and Tunisians Abroad, received Ambassador Youssef Ahmed El Kordafani, Executive Director of the African Excellence Centre for Inclusive Markets (AIMEC), at the Ministry's headquarters on October 27, 2025. This meeting marked the commencement of the Institution's activities in Tunisia, following a…

International Monetary Fund (IMF)
Source: International Monetary Fund (IMF) |

International Monetary Fund (IMF) Staff Concludes Visit to Zimbabwe

An International Monetary Fund (IMF) staff team, led by Mr. Wojciech Maliszewski, visited Zimbabwe from October 29 to November 5, 2025, as part of the Fund’s regular engagement with the Zimbabwean authorities and other stakeholders

Zimbabwe’s economic rebound in 2025 has been stronger than expected, supported by a recovery in agriculture, solid mining performance, and easing inflation amid exchange rate stability. Discussions in Harare emphasized the importance of reinforcing fiscal discipline in the 2026 budget by aligning expenditures with revenues and sustainable financing sources, while…