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IsDB & EIB commit $1billion each to co-finance green projects
The Islamic Development Bank (IsDB) and the European Investment Bank pledged to commit $1b each in co-financing green projects, during the 2019 Sukuk Summit, hosted in Luxembourg. Together with the European Investment Bank (EIB), IsDB signed a Memorandum of Understanding (MOU) to strengthen cooperation and committed $1 billion each in co-financing green projects through to […]
Alliance of Sahel States launches investment bank with $820 million capital
The Alliance of Sahel States (AES), comprising Mali, Burkina Faso and Niger, has created a regional investment bank with an initial capital of 500 billion CFA francs (about $820 million), aimed at financing infrastructure and development projects across the three countries. The institution, named the Confederation Bank for Investment and Development (BCID-AES), is designed to […]
Morocco & Madagascar Agree to Step up Cooperation
Morocco and Madagascar agreed on Tuesday to bolster their cooperation in education, scientific research, gender equality, urban planning, housing, decentralization, training, health… These agreements were inked during the first meeting of the two countries’ joint committee convened in Marrakech under the co-chairmanship of minister of Foreign Affairs Nasser Bourita and his Malagasy peer, Andriantsitohaina Franck […]



