Investreet Financial Logo 2

Blog

Home -
News

Islamic Development Bank Institute, Mauritius Foundation Hold International Waqf Conference.

The Islamic Development Bank Institute (IsDBI) and the Awqaf (Mauritius) Foundation (AMF) concluded a three-day International Waqf Conference in Port Louis on Sept. 5, bringing together government officials, religious leaders and Islamic finance experts to discuss the management of waqf assets. The conference, held under the theme “Reviving Waqf for Community Empowerment: Building Strong Waqf […]

Read More
FinTech

U.S. Bank Completes First Cross-Border Payment Using USBDC Stablecoin.

U.S. Bank said on Wednesday it had completed its first live cross-border payment using USBDC, its proprietary dollar-backed stablecoin, moving funds between the bank’s North American and European entities on the Stellar blockchain. The Minneapolis-based lender, the fifth-largest commercial bank in the United States, completed the live cross-border payment using its dollar-backed USBDC stablecoin on […]

Read More
News

Nigeria’s Central Bank Makes Terrorism Financing a Top Supervisory Priority.

The Central Bank of Nigeria (CBN) said on Tuesday it has designated terrorism financing risk a current supervisory priority, tightening oversight of banks and other financial institutions as part of efforts to shield the financial system from illicit actors. The announcement, made in a statement signed by Hakama Sidi-Ali, the CBN’s acting director of corporate […]

Read More
FinTech

SMX Expands Digital Material Passport Platform to Link Plastics with Blockchain Markets.

SMX (Security Matters) PLC, a Nasdaq-listed materials technology company, said it is expanding its Digital Material Passport platform to connect physical plastics with blockchain-based digital records, a move it said could open new markets for verified recycled material. The company, which trades under the ticker SMX, said the expanded platform builds on technology it uses […]

Read More
News

Nigeria’s Sunbeth Global Concepts Redeems 25.1 Billion Naira Commercial Paper.

Sunbeth Global Concepts Limited, a Nigerian agro-commodities exporter, said it had fully redeemed 25.1 billion naira ($16.7 million) in Series 1 commercial paper on its scheduled maturity date, the company said in a statement. The redemption, completed on Sept. 4, was made under Sunbeth’s 200 billion naira commercial paper programme, which the company said received […]

Read More
News

Tanzania Prepares State-Owned Bank for Stock Exchange Listing.

Tanzania’s government is preparing Tanzania Commercial Bank (TCB) for a listing on the Dar es Salaam Stock Exchange (DSE), the first of several state-owned firms it plans to bring to the market, a senior treasury official said. Lightness Mauki, acting Treasury Registrar, said public institutions had been assessed and sorted into short-, medium- and long-term […]

Read More
News

ECOWAS Reviews Progress Towards 2027 Single Currency Launch, The ECO.

The Economic Community of West African States (ECOWAS) reviewed progress towards launching its ECOWAS single currency, the ECO, in 2027 and called for faster work on outstanding requirements, the regional bloc said on Wednesday. The 14th Session of the ECOWAS Convergence Council was held by videoconference on Sept. 7 as the bloc seeks to advance […]

Read More
Latest

Kenya’s National Infrastructure Fund to Launch Public Co-Investment Vehicle.

Kenya’s National Infrastructure Fund (NIF) plans to set up a publicly traded investment vehicle to pool capital from private investors for co-financing infrastructure projects, Chief Executive Officer James Mworia said, according to a statement cited by Bloomberg. Mworia outlined the plan during a conference in Nairobi, saying the fund is exploring several structures to draw […]

Read More
News

IFAD, Equity Group Launch $200 Million Climate Adaptation Finance Mechanism for East African Farmers.

The International Fund for Agricultural Development (IFAD) and Equity Group launched a $200 million climate adaptation finance mechanism on Friday to help smallholder farmers and rural businesses in East Africa cope with climate change. The Africa Rural Climate Adaptation Finance Mechanism, known as ARCAFIM, was unveiled at the Africa Food Systems Forum 2026 in Kigali. […]

Read More
News

Uganda Names ‘Pearl Sweet’ Crude, Targets 2027 As Africa’s Newest Oil Exporter.

Uganda has unveiled “Pearl Sweet” as the trading name for the crude oil it plans to begin exporting in early 2027, as a $15 billion pipeline and oilfield project moves into its final stage before first production. President Yoweri Museveni announced the name on Sept. 2 at a ceremony at the Kingfisher Development Area in […]

Read More