Tagged: Benin

Benin: Cotonou to hold ‘Islamic Development Bank days’

Benin: Cotonou to hold ‘Islamic Development Bank days’

Cotonou will hold a two-day ‘Islamic Development Bank (IDB) days’ from Tuesday to strengthen cooperation between the bank and Beninese public and private stakeholders. The event aims particularly at familiarizing the Beninese public and private stakeholders with the different policies and actions implemented by the IDB group in the country. The assistance covers various areas such as education, health, agriculture, infrastructure and environment. For this year, the bank’s projects include a the Tovegbamè bridge for which US$9 million has been approved and US$120 million for a basic education project. The bank will also give technical assistance and donations to flood victims in Benin.

Islamic body to open banks in Mali, Benin

Islamic body to open banks in Mali, Benin

Two new Islamic banks are planned to be opened in Mali and Benin by the Islamic Corporation for the Development of the Private Sector (ICD). The openings are scheduled for next year. The initiative is part of the efforts to expand the industry’s consum…

ICD to open two new Islamic banks in Africa

ICD to open two new Islamic banks in Africa

The Islamic Corporation for the Development of the Private Sector (ICD) considers opening two new Islamic banks in the countroes of Mali and Benin in the coming year. This was announced by the CEO of the ICD – H.E. Khaled Mohammed Al-Aboodi – at the Is…