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Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC)
Source: Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) |

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) Co-Organises the Islamic Development Bank (IsDB) Group Private Sector Forum as a Side Event at the 50th Annual Meetings of the Islamic Development Bank (IsDB) Board of Governors in Algiers

The theme of the ICIEC’s High Level Panel Discussion (HLPD) is “Unlocking Trade Potential among Africa, Arab Countries, and Algeria: The Role of Multilateral Development Institutions and Global Cooperation”

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) (https://ICIEC.IsDB.org), the Shariah-compliant multilateral insurer and member of the Islamic Development Bank (IsDB) Group, is co-organising the IsDB Group Private Sector Forum as a side event at the 50th Annual Meetings of the Board of Governors of the…

Afreximbank
Source: Afreximbank |

Oando PLC Joins Afreximbank’s AfrexInsure Portfolio

The subsidiary provides comprehensive and tailored solutions that secure assets

AfrexInsure, the wholly-owned Specialty Insurance Subsidiary of African Export-Import Bank (“Afreximbank” or the “Bank”) (www.Afreximbank.com), 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 on board its clientele portfolio, this new development aligns with…

Afreximbank

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    • Launch of the Trans-Africa Bond Alliance (TABA) in Nairobi on 28th March 2025
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Source: Afreximbank |

Afreximbank and Zep-Re launch the Trans-Africa Bond Alliance (TABA)

The alliance will harmonize trade practices and introduce a standardised framework that ensures secure, predictable, and efficient trade movement

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) and Zep-Re (PTA Reinsurance Company) today launched the Trans-Africa Bond Alliance (TABA), a transformative initiative, designed to bridge the insurance capacity gap and empower African contractors to secure more construction and procurement projects while boosting cross-border trade and enhancing the movement of goods and investment…

Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC)

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    • Insurance of Investment & Export Credit (ICIEC) and International Islamic Trade Finance Corporation (ITFC) Sign Documentary Credit Insurance Policy to Boost Trade Facilitation for the Benefit of Member Countries
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Source: Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) |

Insurance of Investment & Export Credit (ICIEC) and International Islamic Trade Finance Corporation (ITFC) Sign Documentary Credit Insurance Policy to Boost Trade Facilitation for the Benefit of Member Countries

The policy will provide critical coverage for ITFC transactions, enhancing trade confidence and facilitating smoother financial operations in global trade

In a significant development for synergy and cooperation, the Islamic Corporation for the Insurance of Investment & Export Credit (ICIEC) (http://ICIEC.ISDB.org) and the International Islamic Trade Finance Corporation (ITFC) both members of the Islamic Development Bank (IsDB) Group signed a Documentary Credit Insurance Policy (DCIP). This strategic cooperation marks a…

Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC)

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    • Islamic Corporation for the Insurance of Investment and Export Credit's (ICIEC) supported Highway and Road Program in Senegal Wins Two Islamic Finance News (IFN) Awards 2024
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Source: Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) |

Islamic Corporation for the Insurance of Investment and Export Credit's (ICIEC) supported Highway and Road Program in Senegal Wins Two Islamic Finance News (IFN) Awards 2024

The awards acknowledge ICIEC’s crucial role as the Guarantor of Islamic Finance Tranche for the landmark EUR 259 million Murabaha facility extended by Société Générale

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) (www.ICIEC.IsDB.org), a Shariah-compliant multilateral insurer and member of the Islamic Development Bank (IsDB) Group, is pleased to announce that a Highway Project in Senegal, supported by ICIEC,   has been recognized with two prestigious Islamic Finance News (IFN) Awards…

Amnesty International
Source: Amnesty International |

Nigerian residents take Shell to UK High court following 10-year fight for justice

After a decade-long fight for justice, the Preliminary Issues Trial of Nigerian Law for Shell vs Ogale and Bille communities is set to take place at the UK High Court from 13 February to 10 March 2025

Ten years ago, residents from the Bille and Ogale communities in Nigeria claimed their livelihoods had been destroyed and homes damaged by hundreds of oil spills caused by Shell. The pollution caused widespread devastation to the local environment, killing fish and plant life, leaving thousands of people without access to…

African Trade and Investment Development Insurance (ATIDI)
Source: African Trade and Investment Development Insurance (ATIDI) |

African Trade and Investment Development Insurance (ATIDI) Hosts Deep Dive Webinar on Development Insurance and Shapes the Future of Risk Mitigation in Africa

The pan-African development insurer is set to host its 2025 Annual General Meeting and Investor Roundtable in Luanda, Angola, from 18 to 21 June

In an effort to promote the growing need for effective risk management in Africa, ATIDI (www.ATIDI.Africa) hosted a webinar focused on the role of development insurance. The session brought together media stakeholders from across the continent - to understand how innovative insurance solutions are driving sustainable development, mitigating risks and…

SanlamAllianz Re
Source: SanlamAllianz Re |

SanlamAllianz Re Ltd Earns A- (Excellent) Rating from AM Best

The BCAR scores are expected to remain at the strongest level as SAZ Re executes its growth plan, which is supported by organic capital generation

SanlamAllianz Re Ltd (SAZ Re) (www.SanlamAllianzRe.com), a leading reinsurance company with a market presence over 45 countries in Africa, is proud to announce that AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to the company. The outlook assigned…

Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC)

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    • The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) and Compagnie Algérienne d’Assurance et de Garantie des Exportations (CAGEX) Forge Strategic Reinsurance Partnership at AMAN Union's 14th Annual Meeting
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Source: Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) |

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) and Compagnie Algérienne d’Assurance et de Garantie des Exportations (CAGEX) Forge Strategic Reinsurance Partnership at AMAN Union's 14th Annual Meeting

This collaboration aims to enhance CAGEX's capacity to underwrite larger volumes of export credit insurance, thereby empowering Algerian exporters to confidently expand into new markets

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) (https://ICIEC.IsDB.org), a Shariah-compliant multilateral insurer and a member of the Islamic Development Bank (IsDB) Group has signed a landmark Reinsurance Agreement with Compagnie Algérienne d’Assurance et de Garantie des Exportations (CAGEX), Algeria's national export credit agency. The agreement…

Ministry of Health, Kenya
Source: Ministry of Health, Kenya |

Ministry of Health Launches Campaign to Achieve 100% Social Health Insurance Fund (SHIF) Registration in Tana River County

Through this initiative, the Ministry of Health is making strides towards achieving UHC and ensuring healthcare access for all Kenyans

The Ministry of Health on Saturday launched a major campaign in Garsen Township, Tana River County, aimed at achieving 100% registration for the Social Health Insurance Fund (SHIF), marking a significant step towards Universal Health Coverage (UHC) for all Kenyans.   Cabinet Secretary for Health, Dr. Deborah Barasa, emphasized that with over 15.6…

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