Head of Treasury Mr. Omar Abdallah Omar Shariah Board The Role of the Shari’ah Board They Supervise the Shari’ah compliance of all the transactions in the Bank. The Shari’ah auditors ensure that all the transactions are carried out in strict compliance to Islamic principles of banking. Th...
A total of $48.6 million for Ghana, Benin and Togo was approved by the Board of Directors of the African Development Bank (AfDB) to link up their power grids to reduce poverty in the subregion. The Economic and Financial Crimes Commission (EFCC) r...
The board of directors of the African Development Fund (ADF), the concessional window of the African Development Bank (AfDB) Group, has approved additional resources to Ethiopia’s Basic Services Transformation Programme (BSTP) in the form of a US$123mn grant The Basic Services Transformati...
The Board of Directors of the African Development Bank Group has approved… October 7, 2024 116 African Development Fund Project changes lives in Benin’s… The sun rises early over Djeffa, a locality in southeastern Benin’s Sèmè-Podji… ...
Professor Benedict Oramah, President and Chairman of the Board of Directors, Afreximbank,said:“Afreximbank’s historic decision to hold the 31stAfreximbank Annual Meetings in The Bahamas will be the first time it has been held in the Caribbean. There is a hugely positive outloo...
the Board of Directors Class A 1. Mr. Hassan Abdalla (Egyptian)Governor, Central Bank of Egypt. 2. Ms. Lydia Shehu Jafiya (Nigerian)Permanent Secretary , Federal Ministry of Finance of Nigeria. 3. Dr. Denny Kalyalya (Zambian)Governor of the Bank of Zambia. Class B 1. Mr. Kee Chong ...
According to the World Bank, the BEAC’s Strategic Plan was confirmed by the BEAC’s Board of Directors on December 21, 2017.9 The plan outlined reforms including implementing the monetary policy that was laid out in the operational framework adopted in 2015 by the Monetary Policy Committee...
Furthermore this has led to a debate on optimal governance structures in developing countries where authorities are advised to adopt market or bank orientated governance systems which themselves are informed on the successes of United States (US) and United Kingdom (UK) models, German bank-...
Recognising that this model of investing would also be beneficial to DFIs, the AFP was initiated. It is based on the partnership strategy set out in the Strategy Update for the Bank's Private Sector Operations, approved by the AfDB Board of Directors in January 2008. They concluded that ...
Benedict Oramah, President and Chairman of the Board of Directors of African Export-Import Bank (Afreximbank) addresses press in Kigali, capital of Rwanda, on June 28, 2017. Experts meeting here on Wednesday for regional trade promotion urged African countries to promote intra-African trade and...