Updates

AFC Raises $400 Million in Shariah-Compliant Commodity Murabaha Facility to Fund African Infrastructure

AFC has consistently broadened its funding portfolio with innovative transactions that open new capital markets to attract global investors to African infrastructure February 7, 2025/AFC Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, has successfully closed a US$400 million Shariah-compliant Commodity Murabaha facility, marking its strategic return to […]

OPEC Fund Arranges $50 Million Syndicated Loan Facility to Promote Access to Finance for SMEs in Paraguay

While the OPEC Fund will contribute US$25 million from its own resources as A-lender, it has also mobilized a US$25 million B-loan from Commercial Bank of Dubai February 7, 2025/OPEC Fund The OPEC Fund for International Development (the OPEC Fund) has arranged a syndicated loan with a US$50 million facility […]

Nigeria’s GDP Per Capita Shrinks Further in 2025

February 7, 2025/CSL Research Based on data from the International Monetary Fund (IMF), Nigeria’s Gross Domestic Product per capita declined to US$835.49 in 2025 from US$877.07 in 2024, indicating a 4.74% dip. The IMF data shows a sustained downtrend since 2014, when the GDP per capita stood at a high […]