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Press Release: The International Islamic Trade Finance Corporation (ITFC) and the Trade Development Fund (TDFD) Sign Landmark Agreement with Oil Sustainability Program and BURN Manufacturing to Deliver Clean Cooking Solutions in Nigeria
"Notably, the project includes direct support for household LPG refills over a period of eight years, funded through anticipated revenues from carbon credits generated by the clean cooking kits."
- Categories
- Energy, Health Care, Technology
- Region
- Sub-Saharan Africa
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ICD Disburses SME Financing Facility (€15MLN) in Favor of Crédit Communautaire D’Afrique Bank Cameroon
This strategic financing initiative aims to strengthen local SMEs by supporting productive investments.
- Region
- Sub-Saharan Africa
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Ethiopian Securities Exchange, FSD Africa, and FSD Ethiopia Partner to Strengthen Capital Markets
Following the successful launch of ESX, this partnership will establish a framework between the three organizations to pool in their resources and efforts towards targeted market development activities.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Azerbaijan, Islamic Development Bank Join Forces to Boost Pakistan’s Road Infrastructure
Azerbaijan plans to invest $2 billion in various projects throughout the country, with a portion of the funds allocated to enhancing the national road network.
- Categories
- Investing
- Region
- South Asia
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The International Islamic Trade Finance Corporation Signs €40 Million Trade Finance Agreement to Strengthen Comoros’ Energy Security
ITFC ensures that Comoros can sustain its economic momentum, protect jobs, and enhance the quality of life for its citizens.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Saudi Arabia’s IsDB Commits Over $1.4 Billion to Advance Development Goals Across Eight Member Countries
Approved projects in food security, health, education, and transportation support achieving the SDGs.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Islamic Finance Breaks New Ground With USD$20 Million Investment Into Pioneering Digital Mineral Sourcing Platform
Minexx, the responsible critical mineral trading company, secures USD$20 million Islamic finance investment to accelerate its AI powered digital platform – MineSmart AI.
- Categories
- Energy, Technology
- Region
- Global
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Islamic Development Bank Group Approves $40 Million to Support Small Businesses in Uzbekistan
Uzbekistan has launched a project to bolster the financial resilience of small and medium-sized enterprises (SMEs) with funding from the Islamic Development Bank (IsDB).
- Categories
- Investing
- Region
- Europe & Eurasia
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