Matthew Freeman

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Uganda plans first sovereign sukuk to finance strategic railway expansion

Uganda is preparing to issue its first sovereign sukuk as the government seeks alternative financing to support a major railway infrastructure project aimed at...

IMF agreement clears path for $375.5m disbursement to Tanzania

International Monetary Fund has reached a staff-level agreement with Tanzania that could unlock approximately $375.5 million in financing support once approved by the IMF...

AltBank launches non-interest financing initiative to strengthen local drug manufacturing

The Alternative Bank has unveiled a new non-interest financing initiative aimed at supporting local pharmaceutical production in Nigeria as the country intensifies efforts to...

African leaders push for fairer risk pricing and fresh investment at France-Africa summit

African leaders gathered in Nairobi for the Africa Forward summit are calling for a major rethink of how global financial institutions price risk on...

Trump and Xi prepare for high-stakes talks spanning Iran, trade, nuclear security and AI 

Donald Trump and Xi Jinping are set for a major summit in Beijing this week, with discussions expected to cover the Iran conflict, nuclear...

Dangote moves ahead with plans for $17bn Kenya refinery to reshape East Africa’s energy market

Aliko Dangote is advancing plans to build a massive oil refinery in Kenya valued between $15 billion and $17 billion, in a move that...

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