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Islamic finance to aid Africa’s development

Posted on 31 October 2012

Over the last decade, trade between African countries and the rest of the world has grown significantly and, in particular, charting a 170 per cent increase in trade with the GCC.
The ongoing shift by African countries from being aid-dependant to increasing trade and investment ties with the Middle East has positioned Islamic finance to play a key role in facilitating further increases in trade and investment flows between Africa and the Middle East………………………………………..Full Article: Source

 
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