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May 22, 2025
News Line
African Press Release
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Africa Day: Majority of Africans say African countries should be given greater influence in international decision-making bodies
Language: en | Date: 2025-05-24 15:52:04
Data from 30 African countries show that a majority of Africans think the needs and interests of their country are adequately recognised in the decisions of the African Union (AU) and of their regional economic organisation
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Tanzania’s New Foreign Policy Reaffirms Pan-African Leadership and Vision for Intra-African Cooperation
Language: en | Date: 2025-05-24 11:57:45
To strengthen implementation, President Samia called on the Ministry of Foreign Affairs and East African Cooperation to engage retired diplomats in training current officials, ensuring that Tanzania’s envoys are equipped to promote national interests globally
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Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) and Al Baraka Bank Egypt Sign a Documentary Credit Insurance Policy to Support Export Transactions Backed by Letters of Credit Worth USD 50 Million
Language: en | Date: 2025-05-24 11:55:31
The insurance policy provides a comprehensive coverage for Al Baraka Bank’s documentary credit transactions by protecting the bank againt non-payment risk of overseas banks issing letters of credit (LCs)
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Free Livestream to Celebrate Africa’s Innovation and Leadership
Language: en | Date: 2025-05-24 08:44:19
Themed “The Future of Progress: Africa in Motion,” this dynamic event, will take place in Lagos, and feature a curated program of panel discussions, storytelling, and musical performances curated by Nigerian hip-hop pioneer MI Abaga
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Grey Awards $9500 to Women Entrepreneurs from Brazil and Nigeria through UpGreyed Her 2025
Language: en | Date: 2025-05-23 19:44:42
Second edition of the annual program scales beyond Africa, receives nearly 2,000 applications from women founders across multiple continents
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Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) Insurance Cover Unlocks EUR250 Million for Infrastructure and Trade Growth in Six African Member States
Language: en | Date: 2025-05-23 15:18:07
ICIEC’s NHFO‑MDB policy insures the financing provided by Standard Chartered (Hong Kong), Standard Chartered (Kenya) and DZ Bank to the Eastern and Southern African Trade and Development Bank (TDB)
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Foundations and Evolutions of Structured Trade Finance, Second Edition By Professor Benedict O. Oramah
Language: en | Date: 2025-05-23 15:00:30
The new edition has been revised and updated, featuring brand new sections on reserve-based lending, supply chain finance, and new technologies for implementing structured trade finance
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The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) and Al Baraka Bank–Egypt Signed a Bank Master Policy to Support Funded Islamic Trade Finance Transactions Worth USD50 Million
Language: en | Date: 2025-05-23 14:46:57
The insurance policy is expected to support Islamic trade finance transactions worth USD 50 million
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Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) Issues USD 40 Million Insurance Policy to Support Dredging & Development of SOHAR Port and Freezone
Language: en | Date: 2025-05-23 12:28:36
By deepening navigation channels and enhancing jetty infrastructure these strategic developments will significantly increase SOHAR Port’s throughput capacity, attract high-value industrial investments, and solidify the Sultanate’s role
GEPetrol Chief Executive Officer (CEO) Joins African Energy Week (AEW) 2025 as Equatorial Guinea Accelerates Upstream Revival
Language: en | Date: 2025-05-23 12:27:18
African Energy Week: Invest in African Energies takes place September 29 to October 3 in Cape Town
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The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) Extends EUR 232 million Insurance Policy to Standard Chartered & Others to Support Financing for Côte d’Ivoire’s Landmark “Tour F” Development
Language: en | Date: 2025-05-23 12:23:37
The endorsement supports an additional EUR 130 million Murabaha facility to the Ministry of Finance and Budget of the Republic of Côte d’Ivoire, building on the initial EUR 102 million previously insured by ICIEC
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The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) Issues EUR 37 Million Insurance Policy Backing Islamic Financing for Türkiye’s Nakkaş‑Başakşehir Motorway
Language: en | Date: 2025-05-23 12:10:26
The policy was signed on the sidelines of the IsDB Group Annual Meetings 2025 in Algiers by Dr. Khalid Khalafalla, CEO of ICIEC, together with Mr. Puneet Sharma, Executive Director, Development & Agency Finance, Standard Chartered
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Libya's Al Ahli Tripoli Advances to Basketball Africa League (BAL) Playoffs, South Africa's Made By Basketball (MBB) Wins Second Straight
Language: en | Date: 2025-05-23 12:09:52
Al Ahli will join Al Ittihad (Egypt), Rivers Hoopers (Nigeria), 2022 BAL champion US Monastir (Tunisia), the defending champion Petro de Luanda (Angola) and Kriol Star (Cape Verde) when the BAL Playoffs tip off at SunBet Arena in Pretoria, South Africa on June 6
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The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) and the Nigerian Export-Import Bank (NEXIM) Bank Forge Strategic Partnership for Export Credit and Investment Insurance in Nigeria
Language: en | Date: 2025-05-23 10:35:19
The partnership will foster the exchange of expertise in export credit and investment insurance, joint marketing, and the development of tailored products for the export and investment markets
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The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) & Compagnie Algérienne d’Assurance et de Garantie des Exportations (CAGEX) Renew Reinsurance Alliance to Fuel Organisation of Islamic Cooperation (OIC) Trade Growth
Language: en | Date: 2025-05-23 08:03:09
The agreement was signed with the aim of deepening cooperation in credit and investment insurance to accelerate trade and investment flows across ICIEC member countries
African Mining Week 2025 to Set the Stage for Investment and Innovation
Language: en | Date: 2025-05-23 08:01:42
African Mining Week will unite industry leaders, investors and innovators to drive investment, sustainability and tech-driven growth across Africa’s mining sector
Anglo American Platinum Chief Executive Officer (CEO) Confirmed to Speak at African Mining Week 2025
Language: en | Date: 2025-05-23 08:00:09
African Mining Week takes place under the theme ‘From Extraction to Beneficiation: Unlocking Africa’s Mineral Wealth’
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International Islamic Trade Finance Corporation (ITFC) Concludes Successful Participation at the Islamic Development Bank (IsDB) Group Annual Meetings with Nearly US$ 2.6 Billion in Signed Agreements
Language: en | Date: 2025-05-22 19:06:03
ITFC inked trade finance deals and participated in insightful dialogues on economic integration, resilience, and cooperation during the 2025 IsDB Annual Meetings
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2025 Islamic Development Bank (IsDB) Prize Celebrates Transformative Solutions in Health and Water Security
Language: en | Date: 2025-05-22 18:12:40
The winners were selected by an independent committee of experts from outside and inside of the IsDB Group, whose work is coordinated by the IsDB Institute
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Financing Agribusiness towards Africa’s Food Security: The EU-Africa Chamber of Commerce invites stakeholders to join its Forum on May 24th in Abidjan
Language: en | Date: 2025-05-22 16:57:50
This landmark forum brings together decision-makers, investors, development finance institutions, agribusiness leaders, startups, and key technical partners to close the $65 billion financing gap holding back Africa’s food potential
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