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Islamic Finance Expands Africa’s Energy Investment Landscape, Strengthening Arab-African Cooperation...
17 Feb, 2025 11:34 117 min read
As seen by the recent $400 million Murabaha funding obtained by Africa Finance Corporation (AFC), Islamic financial institutions are becoming increasingly interested in Africa's energy sector. This deal not only demonstrates the expanding contribution of Islamic finance to the development of Africa's infrastructure, but it also points to important prospects for closer financial links between Arab and African countries in the energy industry.... More