Day: June 23, 2025

Tackling Africa’s Illicit Financial Flows to Manage Resource-backed Loans Inbox

Mr Mohammed

African Development Bank Embarks on Strengthening  Capacity The African Development Bank Group (www.AfDB.org) has successfully concluded a high-level workshop and policy dialogue aimed at enhancing the Central Africa Republic’s capacity to combat illicit financial flows (IFFs) and improve the governance of resource-backed loans,says an official statement issued in Abidjan,Monday. Held in Bangui from 10-13 June 2025 under the theme “Harnessing Africa’s Wealth: Curbing Illicit Financial Flows for Resilient Growth and Development,” the four-day event brought together 80 officials from key government ministries, including Finance, Economy, Planning, Environment, Mines and Geology –…

Ensuring Effective Sharia Governance and Compliance

Mr Mohammed

CIBAFI Conducts Online Technical Workshop for Islamic Financial Institutions The General Council for Islamic Banks and Financial Institutions (CIBAFI), the global umbrella organization for Islamic financial institutions, is conducting its Online Technical Workshop on “Governance and Compliance for Islamic Financial Institutions (IFIs)” says  an official statement issued in Manama, Bahrain, Monday. Delivered in English, the two-day virtual workshop, brings together professionals from across the Islamic financial services industry. Effective governance frameworks,the statement,notes, are essential to ensuring sound practices, ethical conduct, and Shariah compliance in Islamic financial institutions. In recognition of this,…