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Beyond Correspondent Banking: The Quiet Rewiring of Cross-Border Payments
For decades, moving money across borders meant one thing: the correspondent banking network. A payment […]
UN High Commission for Refugees and IsDB’s Islamic Solidarity Fund for Development to Launch Global Islamic Fund for Refugees
The UN Refugee Agency, UNHCR, and Islamic Development Bank (IsDB)’s (www.IsDB.org) poverty alleviation arm, the […]
African Development Bank Group approves $127 million package to open up eastern agricultural areas
On Wednesday in Abidjan, the African Development Bank Group approved funding of $127.8 million to Niger. The […]
United Bank for Africa (UBA) Partners with Cellulant to Expand its Reach in 19 Markets across Africa
Africa’s global bank, United Bank for Africa (UBA) Plc, and leading Pan-African Payments Company Cellulant […]
IsDB Institute and TOSSD Secretariat Help Build Capacity on Monitoring Flow of Resources for SDGs
The Islamic Development Bank Institute (IsDBI) and the Total Official Support for Sustainable Development (TOSSD) […]
Uzbekistan SMEs to Benefit from US $15 Million Financing Facility from ITFC
The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB) Group, […]
IsDBI and IFE Lab Announce Award Winners for Best Application of Agent-based Simulation in Islamic Finance
The Islamic Development Bank Institute (IsDBI) and the Islamic Financial Engineering Laboratory (IFE Lab) have announced winners […]
Paylend, a Kenyan FinTech company raises $2 million seed investment
Paylend, a Kenyan FinTech startup focused on providing access to finance and digitizing MSMEs in […]
Mastercard Foundation: One Business at a Time: Building Resilience in the Face of a Pandemic
When the first case of COVID-19 was detected in Kenya in March 2020, it marked […]
African Development Bank’s Board of Directors approves the institution’s borrowing program for 2022
The 2022 borrowing program of the African Development Bank has been approved by the Board […]
Tutuka and Paymentology create the world’s first global issuer-processor spanning 49 countries, to form a new payments and card processing powerhouse
In a move upending the hottest part of the fintech market, two of the world’s […]
Cellulant to Power Payments for ImaliPay’s Drive for Gig Workers' Financial Inclusion
ImaliPay, the one-stop financial platform for Africa’s gig workers, has partnered with pan-African payments company Cellulant, […]
Signing of a Line of Financing agreement between the Islamic Corporation for the Development of the Private Sector (ICD) and Jaiz Bank-Nigeria
Mr. Ayman Sejiny, the CEO of the Islamic Corporation for the Development of the Private Sector […]
G20 Compact with Africa reaffirms commitment to securing Africa’s recovery from Covid-19 pandemic
Participants of a G20 Compact with Africa meeting this week assessed Africa’s progress in fighting […]
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