While the Sukuk market has grown this year compared to last year, there are still a number of obstacles keeping growth in check. 

The African Development Bank printed a US$2bn bond at the tightest spread to US Treasuries in the issuer’s history in September. The bond was among a flurry of financings for the continent’s issuers with money coming in from fresh sources. 

The European Bank for Reconstruction and Development pushed the popular socially responsible investing movement in a new direction in September, with the supranational printing a climate resilience bond that focuses on accepting and adapting to climate change.

The new African energy giant will help plug the continent’s power deficit, with former banker Banda at the helm.

The UK fintech company, which is due to launch in India and Australia, has announced a ‘disruptive’ new service tapping the UK’s open banking initiative.

The US$10.9bn facility is poised to create thousands of job opportunities and revolutionise Egypt’s domestic manufacturing sector.

The Abu Dhabi Crude Oil Pipeline caught investors’ attention with a US$3bn debut in the international bond markets that saw massive demand. The successful deal heralds a capital-intensive period for the pipeline’s parent company, which plans to deploy around US$109bn over the next five years. 

So far this year, Slovakia has issued its longest bond ever and launched a bond trading venue with MTS. The debt agency (ARDAL) explains more. 

With a whole identity built around CSR and development finance, Rabobank not only demands that its clients pursue sustainable business models, but also grades them. 

Angolan president Joao Lourenço is seeking financial support from the IMF to stimulate growth, to cover debts, and to reform the stricken economy.

The Bahraini sovereign wealth fund had a strong year, boosted by the consolidation of McLaren and the commencement of the Alba Line 6 expansion project. 

The long-awaited IPO for Slovenia’s largest bank is underway, with Nova Ljubljanska Banka (NLB) intending to sell three quarters of its shares domestically and in London in the coming months.