Africa

BAKU, Azerbaijan, July 2, 2026/APO Group/ — The Islamic Development Bank Institute (IsDBI) (www.IsDBInstitute.org) and the Tanzania-based Centre of Islamic Finance, Compliance and Advice (CIFCA) signed a Memorandum of Understanding (MoU) to strengthen cooperation in advancing Islamic finance, capacity development, professional certification, research, and knowledge dissemination. The MoU was signed on the sidelines of the…

LONDON, United Kingdom, July 2, 2026/APO Group/ — Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, has successfully raised US$500 million through a 5-year Reg S Only senior unsecured Eurobond, achieving the tightest pricing ever secured by the Corporation on a 5-year US dollar benchmark transaction. The issuance reached a new segment…

BRUSSELS, Belgium, July 2, 2026/APO Group/ — Radisson Hotel Group (www.RadissonHotels.com) has launched a leading AI-powered real-time hotel price matching technology, redefining how travelers book direct online. The new feature automatically detects lower publicly available rates for Radisson Hotel Group properties on third-party booking platforms and instantly matches them on RadissonHotels.com — removing the need…

JEDDAH, Saudi Arabia, July 2, 2026/APO Group/ — ICD, acting as Mandated Lead Arranger and Bookrunner, has structured and closed a USD 60 million Shariah-compliant Syndicated Financing Facility for Joint Stock Company “Asakabank” (“Asakabank”) of Uzbekistan, with an accordion feature to increase the facility size. The facility is structured in multiple tranches with different tenors,…

ABUJA, Nigeria, July 2, 2026/APO Group/ — The President and Chairman of the Board of Directors of African Export-Import Bank (Afreximbank) (www.Afreximbank.com), Dr George Elombi, has said that Africa’s economic sovereignty will only be achieved when the continent industrialises at scale, processes its own resources and secures fair access to capital to finance its development…