Tag: Islamic finance

Uganda eyes first Sukuk to fund $3.2 billion railway expansion

Uganda plans its first sovereign sukuk to fund a $3.2 billion railway linking Kampala to Mombasa, boosting East African trade.

Timilehin Adejumobi Timilehin Adejumobi

Nigerian oil tycoon Mohammed Indimi makes $1.7 million from Jaiz bank shares

As the largest shareholder in Nigeria’s pioneering non-interest bank, Indimi holds significant sway with a 24.06% stake in Jaiz Bank.

Feyisayo Ajayi Feyisayo Ajayi