December 11, 2023/InvestmentOne Update ASI as at 12.00pm: +0.14% Top Gainers and Losers: ETI (+9.88%), CHAMS (+9.63%), NSLTECH (-9.33%) and UPDCREIT (-8.00%). Sector Performances: Banking (+1.52%), Industrial (+0.21%), Consumer Goods and Oil & Gas. Market activity: In today’s trade, total volume and value declined by 31% and 21% respectively, when compared […]
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Launch of ICD – London Stock Exchange Group Islamic Finance Development Report 2023: Navigating Uncertainty
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 […]
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 […]
