African governments tapping into city sanitation fund
Tuesday April 06 2021
Sanitation Fleet in Conakry delivered last week. The Conakry Sanitation Project in Guinea is a key component of the LLF infrastructure falling under the Lives & Livelihoods Fund (LLF).
Advertisement
Challenges of solid waste disposal in several African city cities, including most of East African cities such as Kampala, Uganda’s capital city and Nairobi, Kenya’s largest city, is increasingly becoming menace that if not dealt with quickly could turn out to be one of the most leading health hazard.
According to UN-Habitat, lack of sanitation has led to more than 1,200 daily deaths of children under five worldwide, more than the number of deaths caused by AIDS, measles and tuberculosis combined.
Nasdaq Dubai welcomes listing of $2.5b Sustainability Sukuk by IsDB
Wam/Dubai Filed on April 5, 2021
The first of IsDB’s current Sukuk listings on Nasdaq Dubai was a $1 billion instrument that listed in 2015. Wam
Proceeds of the Sukuk will be allocated to finance and refinance green and social development projects that are eligible under IsDB Sustainable Finance Framework.
Nasdaq Dubai welcomed the listing of a US$2.5 billion Sustainability Sukuk by Islamic Development Bank (IsDB), the multilateral lender which finances development across its 57 member countries.
This is the second AAA-rated Sukuk issuance under the Sustainable Finance Framework of IsDB and is the bank’s biggest US dollar public issuance to date. The 5-year $2.5 billion Trust Certificates were priced at par with a profit rate of 1.262 percent, payable on a semi-annual basis.
IsDB lists $2.5 billion sukuk on Nasdaq Dubai issacjohn@khaleejtimes.com Filed on April 5, 2021
The issuance of the Islamic bond is the biggest dollar listing to date of IsDB, the multilateral lender which finances development across its 57 member countries
Nasdaq Dubai, the region’s international financial exchange, announced on Monday the listing of $2.5 billion sustainability sukuk by the Islamic Development Bank (IsDB), boosting the total value of Islamic bond listings in Dubai to $77.8 billion.
The issuance of the Islamic bond is the biggest dollar listing to date of IsDB, the multilateral lender which finances development across its 57 member countries, Nasdaq Dubai said.
Nasdaq Dubai welcomes listing of $2.5 billion Sukuk by IsDB
4 hours ago Picture used for illustrative purpose. Nasdaq Dubai welcomed the listing of a $2.5 billion Sustainability Sukuk by Islamic Development Bank (IsDB), the lender which finances development across its 57 member countries.
This is the second AAA-rated Sukuk issuance under the Sustainable Finance Framework of IsDB and is the bank’s biggest US dollar public issuance to date.
The 5-year $2.5 billion Trust Certificates were priced at par with a profit rate of 1.262 per cent, payable on a semi-annual basis.
Proceeds of the Sukuk will be allocated to finance and refinance green and social development projects that are eligible under IsDB Sustainable Finance Framework.
<p><span>Nasdaq Dubai welcomed the listing of a 2.5 billion US dollar Sustainability Sukuk by Islamic Development Bank (IsDB), the multilateral lender which finances development across its 57 member countries.</span></p>