Updates

Liberia: African Development Fund grant to modernise payments infrastructure and systems

The project’s primary objective is to strengthen the payments ecosystem in Liberia for increased efficiency and to foster growth and innovation March 21, 2023/AfDB The African Development Fund’s Board of Directors has approved $3.9 million grant to finance upgrade of Liberia’s payments infrastructure and systems project. The approval of the […]

ITFC Wins ‘IFN Sovereign & Multilateral Deal of Year Award’

ITFC Recognized for Trade Finance Deal Provided to Djibouti’s Energy Sector March 21, 2022/ITFC The International Trade Finance Corporation (ITFC) , announced that Islamic Finance News (IFN), the world’s leading Islamic finance news provider, selected the Corporation’s trade finance deal of US$75 million in support of International Hydrocarbons Company of […]

UBS Acquires Credit Suisse for US$3.25bn

March 20, 2023/Bloomberg Global Investment Banking Group UBS in a historic deal acquired Credit Suisse (CS) for US$3.25bn. According to reports from Bloomberg, UBS Group AG agreed to buy Credit Suisse Group AG in a government-brokered deal aimed at containing a crisis of confidence that threatened to spread across global […]