TAB Finance, a new microfinance bank licensed by the Central Bank of the Republic of Guinea, has joined Oradian’s global community of visionary financial institutions
Finance
Prudential Shariah and Futureneers establish South Africa’s first Shariah-compliant fund

The primary investment focus of the fund will be to invest in student, business and leisure hospitality properties. (Image source: 170675494/Adobe Stock)
Fund managers Prudential Shariah and venture capital asset management firm Futureneers, in a joint venture, have established Prudential Shariah 12J Investment Fund, South Africas first Shariah-compliant Section 12J Venture Capital Company
US-Libya renew science and technology cooperation agreement

TechWomen empowers, connects and supports the next generation of women leaders in science, technology, engineering and mathematics from Africa, Central and South Asia, and the Middle East. (Image source: Exchanges Photos/FLickr)
The US State Department held a signing ceremony in the Treaty Room on 15 November 2018 to recognise the ten-year renewal of the US-Libya Science and Technology Cooperation Agreement
AfDB approves US$40mn investment for AIIF3

AIIF featured in five regional offices in South Africa, Nigeria, Côte d’Ivoire, and Kenya. (Image source: Clara Sanchiz/Flickr)
The Board of Directors of the African Development Bank (AfDB) has approved an equity investment of US$40mn in Africa Infrastructure Investment Fund (AIIF3)
Temenos announces fund administration partnership with Curo

Curo will migrate more than 3,000 funds from its five legacy fund accounting platforms to a single instance of Temenos’ Multifonds Global Accounting platform. (Image source: Ken Teegardin/Flickr)
Banking software company Temenos announced a new partnership with Curo Fund Services, South Africa’s third-party administrator, on 14 November 2018