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Spotlight | Nigeria
How Nigeria built a foothold in Saudi Islamic Bank of Development

Nigeria secured additional financing from the Saudi Arabian public finance institution, the Islamic Development Bank, last month. The country has gradually increased its stock in the bank in recent years to now sit as one of its main shareholders. [...]

Published on 09/06/2020 at 06:00 GMT Reading time 2 minutes

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Finance, Business

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Africa Finance Corp
Aliko Dangote
Bandar Al Hajjar
Covid-19
Dangote Industries
Islamic Development Bank
Jaiz Bank
Mansur Muhtar
National Hajj Commission of Nigeria
Umaru Mutallab
World Bank

Zambia
Dangote scores win against football chief Andrew Kamanga

Nigerian billionaire Aliko Dangote's firm has won an appeal against Enfin, the company that introduced it to the Zambian authorities and claimed it was owed unpaid fees. Enfin was founded by Andrew Kamanga, who recently renewed his term as president of the Football Association of Zambia.

Subscribers only Business 02.04.2021

France, Nigeria
Gilbert Chagoury, financial advisor to former Nigerian presidents, sponsors Damon Albarn show in Paris

The billionaire Lebanese-Nigerian businessman once favoured by Sani Abacha and Goodluck Johnathan is the main backer of France's Africa 2020 cultural festival which opened in Paris last week with "Le Vol du Boli", an opera by British musician Damon Albarn.

Subscribers only Politics 16.10.2020

Nigeria
Investment company Black Rhino returns to the fray without Blackstone

After a string of failures in Africa, Black Rhino, a former subsidiary of investment colossus Blackstone, is back on track thanks to plans to create an oil free zone in its favourite country, Nigeria.

Subscribers only Energy 08.09.2020

Nigeria
Union Bank gets boost from IFC

The World Bank's private sector arm might extend guarantees to the Union Bank of Nigeria, a subsidiary of the Union Global Partners conglomerate and Atlas Mara, Barclays' ex-CEO Bob Diamond's fund.

Subscribers only Finance, Business 09.07.2020

Inner circles | Nigeria
Dantata, Dangote, Indimi: the oligarchs behind billionaire Umaru Mutallab's Jaiz Islamic bank

The octogenarian banker and former minister Umaru Mutallab has moved into the Islamic finance sector along with senior community figures and magnates from the north of the country such as Aminu Dantata, Aliko Dangote and Muhammed Indimi.

Subscribers only Finance, Business 01.06.2020

Umaru Mutallab in 2013 with then Nigeria's President Goodluck Jonathan.

Angola
Mired in crisis, Luanda turns to the AFC

Hard-hit by the continuing fall in oil prices that began at the start of the year, Angola is very keen to join the Africa Finance Corp, the pan-African multilateral banking institution based in Nigeria.

Subscribers only Finance, Politics 04.03.2020

Djibouti
World Bank supports GHIH wind farm via a Mauritian company

The bank has provided a $100.81 million guarantee for a wind farm in Djibouti through the Mauritian-registered Djibouti Wind Co. The Djiboutian sovereign wealth fund Great Horn Investment Holding is financing the project, together with the Africa Finance Corp, Dutch development bank FMO and the Climate Fund Managers fund.

Subscribers only Finance, Energy, Business 26.02.2020

Tunisia
World Bank stressed by STEG's high debt levels

Tunisia has yet another delicate problem to resolve with the international financial institutions. According to our information, the World Bank [...]

Subscribers only Infrastructure, Business 11.04.2019

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Africa Finance Corp
Aliko Dangote
Bandar Al Hajjar
Covid-19
Dangote Industries
Islamic Development Bank
Jaiz Bank
Mansur Muhtar
National Hajj Commission of Nigeria
Umaru Mutallab
World Bank

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Libya
From Tripoli to Benghazi, Turkish trader BGN's oil odyssey

Senegal
Guns and oil drive Russia's Dakar courtship

Spotlight | Nigeria
How Nigeria built a foothold in Saudi Islamic Bank of Development

This article may be accessed by subscribers

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create a free account

Set up email notifications for these topics

Zambia
Dangote scores win against football chief Andrew Kamanga

France, Nigeria
Gilbert Chagoury, financial advisor to former Nigerian presidents, sponsors Damon Albarn show in Paris

Nigeria
Investment company Black Rhino returns to the fray without Blackstone

Nigeria
Union Bank gets boost from IFC

Inner circles | Nigeria
Dantata, Dangote, Indimi: the oligarchs behind billionaire Umaru Mutallab's Jaiz Islamic bank

Angola
Mired in crisis, Luanda turns to the AFC

Djibouti
World Bank supports GHIH wind farm via a Mauritian company

Tunisia
World Bank stressed by STEG's high debt levels

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About Africa Intelligence

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Africa Intelligence on social media

Indigo Publications' websites

About Africa Intelligence

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Indigo Publications' websites

Libya From Tripoli to Benghazi, Turkish trader BGN's oil odyssey

Senegal Guns and oil drive Russia's Dakar courtship

Cabo Delgado: a gas Eldorado and security nightmare

East Africa's hotly contested coffee sector

Transition: what's next after the coup?

Spotlight | Nigeria How Nigeria built a foothold in Saudi Islamic Bank of Development

This article may be accessed by subscribers

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create a free account

Set up email notifications for these topics

Zambia Dangote scores win against football chief Andrew Kamanga

France, Nigeria Gilbert Chagoury, financial advisor to former Nigerian presidents, sponsors Damon Albarn show in Paris

Nigeria Investment company Black Rhino returns to the fray without Blackstone

Nigeria Union Bank gets boost from IFC

Inner circles | Nigeria Dantata, Dangote, Indimi: the oligarchs behind billionaire Umaru Mutallab's Jaiz Islamic bank

Angola Mired in crisis, Luanda turns to the AFC

Djibouti World Bank supports GHIH wind farm via a Mauritian company

Tunisia World Bank stressed by STEG's high debt levels

Set up email notifications for these topics

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Libya
From Tripoli to Benghazi, Turkish trader BGN's oil odyssey

Senegal
Guns and oil drive Russia's Dakar courtship

Spotlight | Nigeria
How Nigeria built a foothold in Saudi Islamic Bank of Development

Zambia
Dangote scores win against football chief Andrew Kamanga

France, Nigeria
Gilbert Chagoury, financial advisor to former Nigerian presidents, sponsors Damon Albarn show in Paris

Nigeria
Investment company Black Rhino returns to the fray without Blackstone

Nigeria
Union Bank gets boost from IFC

Inner circles | Nigeria
Dantata, Dangote, Indimi: the oligarchs behind billionaire Umaru Mutallab's Jaiz Islamic bank

Angola
Mired in crisis, Luanda turns to the AFC

Djibouti
World Bank supports GHIH wind farm via a Mauritian company

Tunisia
World Bank stressed by STEG's high debt levels