Finance & Banking

Islamic Finance: the missing link in Oil and Gas sector financing in Uganda

For a while, oil and gas has been the talk of Uganda, and the discovery is that the country has 6.5 billion barrels of oil reserves, of which 1.4 billion barrels are economically viable or recoverable. Such developments have, however, been stalled by the fact that the Oil Companies have not made Final Investment Decision (FID). FID means the point at which everything is in place for a project to say “yes, let’s go ahead”.

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AIB new product to change equity trading at NSE

Dubbed AIB Digitrader, the product seeks to remove all the hurdles that bar Kenyans from owning shares on the stock-exchange. Users can access the solution in three forms; first, by using a smart or non-smartphone, or through the online platform where users can access the website and via a mobile phone app, where users can download the AIB Mobile App.

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