The League of Arab States (Economic Affairs Sector) and the International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank Group, have signed a MoU towards accelerating cooperation in the development of intra-Arab trade
Finance
Vantage Capital exits New GX Capital
Vantage Capital, one of the leading mezzanine debt fund managers in Africa, has fully exited its investment in New GX Capital, a leading 100 per cent family-owned investment holding company in South Africa
Clickatell and UBA launch chat banking in Nigeria
Clickatell, an authorised WhatsApp business solution provider, has announced that United Bank for Africa (UBA) will be going live with their chat banking solution – Leo on WhatsApp
AfDB and MCB to launch African domestic bond fund
The African Development Bank (AfDB) and MCB Capital Markets has announced to launch of the African domestic bond fund (ADBF), the first multijurisdictional sovereign fixed income exchange-traded fund on the continent
Somalia, Eritrea and Ethiopia to hold trilateral talks on economic integration
The President of Somalia Mohamed Abdullahi Farmajo is leading efforts to consolidate gains made at the Forum on China-Africa Cooperation by facilitating the prospect of a tripartite agreement on economic Integration between the countries of the Horn