To drive operational excellence, ICIEC refined its pricing framework and enhanced economic capital models, ensuring more sustainable, risk-adjusted growth May 26, 2025/ICIEC The Islamic Corporation for the Insurance of Investment and Export Credit, a Shariah-based multilateral insurer and member of the Islamic Development Bank Group, today announced that its Board […]
Insurance
Oando Joins Afreximbank’s AfrexInsure Portfolio
The subsidiary provides comprehensive and tailored solutions that secure assets April 1, 2025/Afreximbank AfrexInsure, the wholly-owned Specialty Insurance Subsidiary of African Export-Import Bank (“Afreximbank”, has announced its onboarding of Oando PLC as one of its strategic clients, further strengthening the business relationship between Oando PLC and the Bank. With Oando […]
AfDB, ARC Issue $11.2 Million Insurance Payout to the Government of Malawi
The drought recovery insurance payout will support more than 350,000 Malawi households impacted by climate change-related weather extremes August 19, 2024/AfDB Representatives of the African Risk Capacity (ARC) Group and the African Development Bank have presented a cheque to the government of Malawi for an insurance payout of $11.2 million, […]

