Islamic Development Bank

Tingo President Dr. Chris Cleverly Speaks at Bloomberg's 2022 Qatar Economic Forum About Tackling Food Insecurity by Realising Africa's Potential

Retrieved on:

Thursday, June 23, 2022

Sunflower oil, Founder CEO, UN, QEF, Food security, Farm, Non-governmental organization, Food, Ecosystem, CEO, Tingo District, Farmer, Technology, Islamic Development Bank, Agriculture

LONDON, June 23, 2022 /PRNewswire/ -- On a panel titled Food Security in Peril, Tingo's President Dr. Chris Cleverly emphasised that by making the farmer the hero of the agribusiness story, global food insecurity could become an issue of the past.

Key Points:

Speaking in Doha at the Qatar Economic Forum (QEF), which saw global business and political leaders gather to discuss key global issues, Cleverly received a warm reception from the audience when discussing the potential Africa holds in relation to feeding the world despite existing notions about the continent.
"We don't see Africa as a resource for food, we see it as a victim in the food game.
If we support the farmers that are therehelp them harvest their food, then actually we have a chance to feed ourselves," he asserted.
The panel discussion comes at a time when global food security is set to increase dramatically over the coming years with inflation resulting in rising food prices globally.

Tingo President Dr. Chris Cleverly Speaks at Bloomberg's 2022 Qatar Economic Forum About Tackling Food Insecurity by Realising Africa's Potential

Retrieved on:

Thursday, June 23, 2022

Sunflower oil, Founder CEO, UN, QEF, Food security, Farm, Non-governmental organization, Food, Ecosystem, CEO, Tingo District, Farmer, Technology, Islamic Development Bank, Agriculture

LONDON, June 23, 2022 /PRNewswire/ -- On a panel titled Food Security in Peril, Tingo's President Dr. Chris Cleverly emphasised that by making the farmer the hero of the agribusiness story, global food insecurity could become an issue of the past.

Key Points:

LONDON, June 23, 2022 /PRNewswire/ -- On a panel titled Food Security in Peril, Tingo's President Dr. Chris Cleverly emphasised that by making the farmer the hero of the agribusiness story, global food insecurity could become an issue of the past.
"We don't see Africa as a resource for food, we see it as a victim in the food game.
If we support the farmers that are therehelp them harvest their food, then actually we have a chance to feed ourselves," he asserted.
The panel discussion comes at a time when global food security is set to increase dramatically over the coming years with inflation resulting in rising food prices globally.

SPARK Supports Somalia/Somaliland Economy to Recover from COVID-19

Retrieved on:

Tuesday, June 21, 2022

According to officials, there is widespread unemployment in Somalia/Somaliland with approximately 49% of the population between the ages of 15 and 64 years unemployed.

Key Points:

According to officials, there is widespread unemployment in Somalia/Somaliland with approximately 49% of the population between the ages of 15 and 64 years unemployed.
(Photo: Business Wire)
The Tadamon project is the fruit of a long collaboration between ISDB and SPARK, said Mourad Hentati, Regional Programme Director for North Africa at SPARK.
The Tadamon programme contributes to the immediate and medium-term efforts to combat the negative impacts of COVID-19 on the Somalia/Somaliland economy.
SPARK expects 500 youth (50% women) will gain sustainable employment and 90 entrepreneurs will start their own micro, small and medium-sized enterprises (MSMEs) or home-based businesses.

Arab Coordination Group (ACG) Institutions launch food security action with initial US$10 billion package

Retrieved on:

Monday, June 20, 2022

VIENNA, June 20, 2022 /PRNewswire/ --The Arab Coordination Group (ACG) is taking action in response to the global food supply crisis.

Key Points:

VIENNA, June 20, 2022 /PRNewswire/ --The Arab Coordination Group (ACG) is taking action in response to the global food supply crisis.
As a first step, the group is providing an initial US$10 billion for immediate relief and long-term support.
The Group will launch a detailed action plan at the next UN Climate Conference COP27 in November in Egypt.
ACG comprises four bilateral and six multilateral Arab development financial institutions: Abu Dhabi Fund for Development, Arab Bank for Economic Development in Africa, Arab Fund for Economic and Social Development, Arab Gulf Program for Development, Arab Monetary Fund, Islamic Development Bank, Kuwait Fund for Arab Economic Development, OPEC Fund for International Development, Qatar Fund for Development, and Saudi Fund for Development.

Arab Coordination Group (ACG) Institutions launch food security action with initial US$10 billion package

Retrieved on:

Monday, June 20, 2022

VIENNA, June 20, 2022 /PRNewswire/ --The Arab Coordination Group (ACG) is taking action in response to the global food supply crisis.

Key Points:

VIENNA, June 20, 2022 /PRNewswire/ --The Arab Coordination Group (ACG) is taking action in response to the global food supply crisis.
As a first step, the group is providing an initial US$10 billion for immediate relief and long-term support.
The Group will launch a detailed action plan at the next UN Climate Conference COP27 in November in Egypt.
ACG comprises four bilateral and six multilateral Arab development financial institutions: Abu Dhabi Fund for Development, Arab Bank for Economic Development in Africa, Arab Fund for Economic and Social Development, Arab Gulf Program for Development, Arab Monetary Fund, Islamic Development Bank, Kuwait Fund for Arab Economic Development, OPEC Fund for International Development, Qatar Fund for Development, and Saudi Fund for Development.

SPARK: Newly Qualified Nurses Fill Gaps During Lebanon’s Healthcare Crisis

Retrieved on:

Monday, April 18, 2022

Due to the unprecedented economic crisis, an estimated 40% of medical professionals, including around 2,000 nurses, have left the country and many hospital departments are being forced to close.

Key Points:

Due to the unprecedented economic crisis, an estimated 40% of medical professionals, including around 2,000 nurses, have left the country and many hospital departments are being forced to close.
View the full release here: https://www.businesswire.com/news/home/20220414005464/en/
Ghadir Al-Zouhouri had to leave everything behind, including her studies, when she left Syria for Lebanon.
While the healthcare exodus continues, ongoing internal issues especially the COVID-19 pandemic have increased the workload of the understaffed hospitals in Lebanon.
By cooperating with CIS College in Beirut, a private higher education institution, 42 Syrian and Lebanese nurses have qualified since July 2021 from a special, intensive curriculum developed by doctors and local healthcare institutions.

Universitas Brawijaya developing digital halal certification system for Indonesian MSMEs

Retrieved on:

Wednesday, November 24, 2021

Malang, East Java, Indonesia, Nov 25, 2021 - (ACN Newswire) - University Brawijaya (UB/Unibraw) is developing a digital halal certification system for micro, small and medium enterprises (MSMEs) in Indonesia, as part of the Reverse Linkage Project.

Key Points:

Malang, East Java, Indonesia, Nov 25, 2021 - (ACN Newswire) - University Brawijaya (UB/Unibraw) is developing a digital halal certification system for micro, small and medium enterprises (MSMEs) in Indonesia, as part of the Reverse Linkage Project.
According to the head of the project team, Dr. Hagus Tarno, the system will archive documents from the processing stage through to certification.
"MSMEs that will apply for halal certification through Brawijaya University will be directed to a system that will assist them to check which documents must be prepared and filled out.
The project for developing a halal digital system received US$2.06 million funding for two years (2021-23) from Serunai Malaysia and the Islamic Development Bank (IsDB), he said.

IDB Leads Multilateral Development Banks to Boost Nature-Based Investments

Retrieved on:

Wednesday, November 3, 2021

GLASGOW, Scotland, Nov. 3, 2021 /PRNewswire/ -- Multilateral Development Banks (MDBs) led by the Inter-American Development Bank (IDB) pledged today to mainstream nature across their policies and to significantly boost nature finance for member countries. The banks' joint statement "Nature, People, and Planet" commits support for countries to define and enact sustainable strategies.

Key Points:

International institutions signed an IDB led joint-statement at COP26 and announce plan to mainstream nature into policies, analysis, and investments
GLASGOW, Scotland, Nov. 3, 2021 /PRNewswire/ --Multilateral Development Banks (MDBs) led by the Inter-American Development Bank (IDB) pledged today to mainstream nature across their policies and to significantly boost nature finance for member countries.
The banks' joint statement " Nature, People, and Planet " commits support for countries to define and enact sustainable strategies.
"Natural capital is critical in post-COVID-19 recovery for Latin America, the Caribbean, and the world.
The MDBs signing the statement along with IDB are the African Development Bank Group, the Asian Development Bank, the Asian Infrastructure Investment Bank, the Caribbean Development Bank, the European Bank for Reconstruction and Development, the European Investment Bank, the Islamic Development Bank, and the World Bank Group.

IDB Leads Multilateral Development Banks to Boost Nature-Based Investments

Retrieved on:

Wednesday, November 3, 2021

GLASGOW, Scotland, Nov. 2, 2021 /PRNewswire/ --Multilateral Development Banks (MDBs) led by the Inter-American Development Bank (IDB) pledged today to mainstream nature across their policies and to significantly boost nature finance for member countries.

Key Points:

GLASGOW, Scotland, Nov. 2, 2021 /PRNewswire/ --Multilateral Development Banks (MDBs) led by the Inter-American Development Bank (IDB) pledged today to mainstream nature across their policies and to significantly boost nature finance for member countries.
The banks' joint statement " Nature, People, and Planet " commits support for countries to define and enact sustainable strategies.
"Natural capital is critical in post-COVID-19 recovery for Latin America, the Caribbean, and the world.
The MDBs signing the statement along with IDB are the African Development Bank Group, the Asian Development Bank, the Asian Infrastructure Investment Bank, the Caribbean Development Bank, the European Bank for Reconstruction and Development, the European Investment Bank, the Islamic Development Bank, and the World Bank Group.

Islamic Research and Training Institute Partners with Samsung-backed Blocko's E24P to Launch Blockchain-based Smart Credit Management Platform to Boost Islamic Finance Sector

Retrieved on:

Monday, June 15, 2020

Economy, Money, Finance, Personal finance, Information systems, Credit history, Employment discrimination, Islamic Development Bank, Credit score, Credit, Blockchain

The Smart Credit Management System will be based on smart contracts on the Aergo blockchain.

Key Points:

The Smart Credit Management System will be based on smart contracts on the Aergo blockchain.
Allow creditors to reduce credit default rate to improve overall business performance and accelerate efforts in areas of financial inclusion.
Integrate siloed functions in the financing process including credit reporting, credit rating, credit history, and credit insurance to reduce costs and improve efficiency.
The Islamic Research and Training Institute (IRTI) is a Member of the Islamic Development Bank (IsDB) Group dedicated to knowledge creation and dissemination in Islamic Economics and Finance.