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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…

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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…

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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…

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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…

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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…

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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…

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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…

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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,…

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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…

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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…

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