The International Islamic Trade Finance Corporation (ITFC) has signed a syndicated murabaha financing agreement for US$100mn with the State Trading Organisation (STO), a government owned company in the Republic of Maldives
Industry
Wärtsilä to supply power plant for West Africa’s electricity project

The company’s 32TS engine 2 which will be used during the operation in the plant. (Image source: Wärtsilä)
The technology group Wärtsilä has announced to deliver a turnkey power plant to provide electricity for the Phase 2 expansion of the Tasiast mine in Mauritania
Regus looks to Angola as country seeks to diversify economy
Global workspace provider Regus has just announced the opening of its first centre in Angola
ENGIE and Finatech Group create joint venture for energy services across Africa

The joint venture aims to enrich energy service offerings across the continent. (Image source: Engie)
Engie and Finatech Group, a subsidiary of the FinanceCom group, have finalised the creation of a joint venture for energy services across African markets
Angola to build fertiliser factory
The project aims to meet the growing demand for fertilisers of Angola’s farmers. (Image source: Jarous/Adobe Stock)
The president and CEO of the Dannish group Haldor Topsoe has announced the construction of a factory in Soyo municipality in Zaire province in Angola, to produce two million tonnes of fertiliser per year