Global Islamic finance assets expected to reach US$6.7 trillion by 2027 December 11, 2023/ICD Green and sustainability Sukuk represents a key theme at COP28; Global ESG Sukuk issuance totaled US$8.4 billion in 2022; Growth of total Islamic finance assets by 11% to US$4.5 trillion in 2022; Malaysia, Saudi Arabia, and Indonesia lead Islamic […]
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COP28: Ecobank Signs First Sustainability-Linked Loan for $200m with a Syndicate of EDFIs
This is a significant milestone as it is the first ever sustainability-linked loan to a sub-Saharan African financial institution December 8, 2023/Ecobank Transnational Incorporated A syndicate of European Development Finance Institutions (EDFIs) led by Proparco, and including Norfund, DEG, FMO and EFP, has announced a US$200 million Sustainability-Linked Loan to […]
Nigerian Stocks End Week Higher +0.2% Driven by Banking Counters
The week’s notable highlight was FBNH’s impressive 7.7% gain, which propelled the stock’s market cap to NGN856.10 billion. Accordingly, the All-share Index rose by 0.2% w/w to 71,541.74 points December 8, 2023/Cordros Report Global Economy According to the United States Department of Labor, initial jobless claims increased slightly by 1,000 […]
