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Islamic finance booming in South East Asia
According to a report published by Ernst & Young’s Global Islamic Banker of Excellence, global demand for Islamic bonds could triple to $900bn by 2017. This expected rise is partly driven by the fact that conventional investors look to securities backed by tangible assets. South East Asian economies, especially Malaysia is pushing to play the […]
Chad: experts slam new junta-backed constitution as part of Deby’s ‘long-term power play’
86% of Chadians have voted in favor of a controversial new draft constitution, the government commission that organized it has announced, despite resistance from critics who say the referendum was merely designed to help cement the power of junta leader Mahamat Idriss Deby. Chad’s military authorities have described the vote as a vital stepping-stone to […]
US warns against long-term oil, gas projects in Africa, pledging support to Nigeria’s clean energy
Investing in long-term gas projects in Africa as countries wrestle with powering their development with clean energy may not be a very good idea, United States’ special envoy on climate John Kerry has noted, as African countries denounce developed nations’ pledge to curb fossil fuel investment is unfair. “We are not saying no gas,” he […]



