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Economicdevelopment

Islamic-Finance-Development-Traps

November 4, 2025 0

Islamic Development Bank (IsDB) Institute and London Stock Exchange Group (LSEG) Launch Report on Development Traps and the Role of Islamic Finance

Islamic finance addresses development challenges in IsDB member countries through the IsDBI-LSEG report, tackling middle-income, debt, and technology traps with Sharīʿah-compliant solutions for sustainable growth.

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ICD-Indonesia-Eximbank-USD-30M-Line-of-Finance

October 29, 2025 0

Islamic Corporation for the Development of the Private Sector (ICD) and Indonesia Exim Bank Sign Letter of Intent to Strengthen Cooperation in Shariah-Compliant Investment and Support Indonesia’s Financial Sector

ICD and Indonesia Eximbank sign LOI for a USD 30M Shariah-compliant Line of Finance to empower SMEs, boost halal exports, and drive sustainable private sector growth in Indonesia.

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Islamic-Finance-Development

October 19, 2025 0

London Stock Exchange Group (LSEG) and Islamic Corporation for the Development of the Private Sector (ICD) Announce Findings of the 2025 Islamic Finance Development Indicator Report

The 2025 Islamic Finance Development Indicator (IFDI) report by LSEG and ICD, highlighting Malaysia, Saudi Arabia, and UAE as leaders in Islamic finance, with global assets projected to hit US$9.7 trillion by 2029, driven by governance and sustainability.

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Ethiopia-Coffee-Export-Growth

October 12, 2025 0

Ethiopian Coffee Exports Generated over $500 Million in Two Months

Ethiopia’s coffee exports soared to 80,000 metric tonnes, generating $546 million in two months, fueled by enhanced supply chains and quality improvements, with ambitions to reach 600,000 tonnes and $3 billion annually.

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Niger-energy-access-and-competitiveness

October 5, 2025 0

African Development Bank Group and Niger sign $144.7 Million Agreement to Boost Energy Access, Economic Competitiveness and Resilience

The African Development Bank and Niger signed a $144.7M deal to boost energy access, private sector growth, and social inclusion through the PAGSEC program, aiming for 30% electricity access and 240 MW of solar power by 2030.

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