The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org),  signed a trade finance agreement with Uzbek Industrial and Construction Bank for a total amount of US $15 Million. This will provide Uzbek Industrial and Construction Bank the needed funding to meet the growing demand for Shari’ah Compliant trade finance of itsRead More →

Kwik Delivery (Kwik.Delivery), trading name of Africa Delivery Technologies SAS, announces today that its GMV and revenue for 2021 grew by over 400% year on year. The platform also reached 100,000 B2B users. Kwik Delivery is a digital platform connecting delivery partners and corporate customers in large African cities and offeringRead More →

The Islamic Development Bank Group (IsDB Group) (IsDB.org) Private Sector Entities namely the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), the Islamic Corporation for the Development of the Private Sector (ICD), and the International Islamic Trade Finance Corporation (ITFC) in collaboration with IsDB Group Business ForumRead More →

The Sustainable Energy Fund for Africa (SEFA) (bit.ly/3JQ7ilg), managed by the African Development Bank (www.AfDB.org), has approved a $1 million grant to facilitate Botswana’s transition to clean energy. The technical assistance project supports the Government of Botswana in closing critical gaps in policy, regulatory and legal frameworks, which were identifiedRead More →

The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a $47.09 million grant for the first phase of Mozambique’s Pemba-Lichinga Integrated Development Corridor, a Special Agro-Industrial Processing Zone. The grant, from the African Development Fund, will help improve agricultural productivity and agribusiness development in the NiassaRead More →