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Merck Foundation calls for action together with 13 African First Ladies to Build Healthcare Capacity

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More than 10,000 participants attended the hybrid Luminary – onsite and online

DUBAI, United Arab Emirates, November 29, 2022/APO Group/ — 

Prof. Dr. Frank Stangenberg-Haverkamp, Senator Dr. Rasha Kelej and African First Ladies of Botswana, Burundi, Democratic Republic of Congo, The Gambia,  Ghana, Liberia, Malawi, Mozambique, Namibia, Sierra Leone, Angola and Central Africa Inaugurate 9th Edition of Merck Foundation (www.Merck-Foundation.com) Africa Asia Luminary 2022; African First Ladies marked together the 5th Anniversary of Merck Foundation and 10 year journey of their development programs  by sharing the impact of their partnership programs with Merck Foundation to build healthcare capacity, support girl education and break infertility stigma; More than 10,000 participants including healthcare providers, policymakers, researchers, academia and media representatives from 70 English, French, Spanish and Portuguese speaking countries attended the hybrid Luminary – onsite and online to benefit from scientific and social sessions to address social issues and advance healthcare capacity in 32 critical and underserved medical specialties.

Merck Foundation reported the impact of providing 1470 scholarships to doctors from 50 countries in 32 critical and underserved specialties such as; Oncology, Diabetes, Cardiovascular Preventive, Endocrinology, Fertility, Embryology, Reproductive Care, Respiratory Care, Acute and Intensive Care, Neonatal Care, Pediatric Emergency, Advanced Surgery, Microbiology & Infectious Diseases, Internal Medicine, Ophthalmology, Psychiatry, Palliative Care and Pain Management and more; Link to the Facebook live steam of Inaugural Session of Merck Foundation Africa Asia Luminary & African First Ladies High Level Panel: http://bit.ly/3XE4EWp

Merck Foundation, the philanthropic arm of Merck KGaA Germany, conducted their annual conference, the 9th Edition of “Merck Foundation Africa Asia Luminary” on 15th & 16th November 2022, as a hybrid conference (onsite and online). The conference was inaugurated by Prof. Dr. Frank Stangenberg-Haverkamp, Chairman of both of Executive Board of E.Merck KG and Merck Foundation Board of Trustees, and Senator, Dr. Rasha Kelej, CEO of Merck Foundation and Chairperson of Merck Foundation Africa Asia Luminary, along with African First Ladies of 13 Countries;

  • H.E. Mrs. NEO JANE MASISI, The First Lady of the Republic of Botswana
  • H.E. Madam ANGELINE NDAYISHIMIYE, The First Lady of the Republic of Burundi
  • H.E. Madam DENISE NYAKERU TSHISEKEDI, The First Lady of the Democratic Republic of The Congo
  • H.E. Mrs. FATOUMATTA BAH-BARROW, The First Lady of the Republic of The Gambia
  • H.E. Mrs. REBECCA AKUFO-ADDO, The First Lady of the Republic of Ghana
  • H.E. Mrs. CLAR MARIE WEAH, The First Lady of the Republic of Liberia
  • H.E. Mrs. MONICA CHAKWERA, The First Lady of the Republic of Malawi
  • H.E. Mrs. ISAURA FERRÃO NYUSI, The First Lady of the Republic of Mozambique
  • H.E. Mrs. MONICA GEINGOS, The First Lady of the Republic of Namibia
  • H.E. Dr. FATIMA MAADA BIO, The First Lady of the Republic of Sierra Leone
  • H.E. Mrs. MUTINTA HICHILEMA, The First Lady of the Republic of Zambia
  • H.E. Dr. ANA DIAS LOURENÇO, The First Lady of the Republic of Angola
  • H.E. Madam BRIGITTE TOUADERA, The First Lady of Central Africa

Merck Foundation CEO, Senator, Dr. Rasha Kelej emphasized, “I am very proud to welcome my dear sisters, our Guests of Honor and Keynote Speakersthe First Ladies of 13 African Countrieswho are also the Ambassadors of Merck Foundation “More Than a Mother”. We are together celebrating the 5th Anniversary of Merck Foundation and 10th Anniversary of our programs since 2012 which aim to build healthcare & media capacity and raise awareness on a wide range of sensitive and critical social and health issues like Supporting Girl Education, Ending Child Marriage, Stopping GBV, Breaking Infertility Stigma, Ending FGM, Women Empowerment, and Diabetes Awareness.

“I am proud that Merck Foundation has provided till today, more than 1470 scholarships to young doctors from 50 countries in 32 critical and underserved specialties. This is a great milestone of transforming patient care landscape and leading Africa to a better, healthier and stronger future. I am happy to hear from my dear sisters their experiences and success stories  in their respective countries, together we will be an important part of Africa’s legacy.” added Senator Kelej.

H.E. Mrs. NEO JANE MASISIThe First Lady of Botswana & Ambassador of Merck Foundation More Than A Mother said, ”Our partnership with Merck Foundation started in 2018 and since then, we have achieved very important milestones . Together with Merck Foundation, we launched a Poster Contest on “Stop GBV” initiative to end Gender-Based Violence in Botswana and Merck Foundation provided 20 Sewing Machines to the women groups who suffer GBV across Botswana to be able to generate monthly income. Moreover, more than 31 scholarships were provide for our local Doctors in Botswana in 32 different underserved and critical specialties such as: Diabetes, Endocrinology, Dermatology, Gastroenterology, Oncology, Respiratory Medicines, Acute Medicines and Sexual and Reproductive Medicines”.

H.E. Mrs. ANGELINE NDAYISHIMIYE, The First Lady of Burundi & Ambassador of Merck Foundation More Than A Mother stated, “I am very proud of the partnership we have with Merck Foundation. Through our long-term partnership, 47 scholarships have been provided for our local doctors in critical and underserved specialities such as Diabetes, Oncology, Fertility & Embryology, Sexual & Reproductive care, I am very happy to share that we have succeeded to establish the first public IVF center in Burundi and Merck Foundation has provided training for the staff of Fertility Specialists, Embryologists and also technicians, who are the first local experts in my country, we are making history in Burundi.”

H.E. Madam DENISE NYAKERU TSHISEKEDI, The First Lady of Democratic Republic of The Congo & Ambassador of Merck Foundation More Than A Mother said, “I would like to greatly acknowledge our valuable partnership with Merck Foundation that we started in 2020, and in a very short time, we have together achieved a lot. I am Proud to share that Merck Foundation have provided 77 scholarships to our doctors in the fields of Oncology, Fertility, Embryology, and Diabetes, which gave us our first Fertility specialists & Embryologists. Together, we also conducted the Online Health Media Training for our journalists to create a culture shift, to break the silence, and be the voice of the voiceless in order to raise awareness on sensitive social and health issues like Infertility Stigma, Supporting Girl Education, Women Empowerment, Ending Child Marriage, Ending FGM and Stopping GBV, Diabetes early detection and prevention”.

H.E. Mrs. FATOUMATTA BAH-BARROW, The First Lady of Republic of The Gambia & Ambassador of Merck Foundation More Than A Mother emphasized, “Our partnership journey is going from strength to strength as we have achieved many important and significant milestones since 2017, when I hosted Merck Foundation CEO and together, we launched the programs in my country. Through the partnership with Merck Foundation, 32 scholarships have been provided to young Gambian doctors in medical specialties. And, we are making history by providing training to first specialists in many fields such as Oncology, Respiratory, Fertility, Embryology, Reproductive Care, Diabetes, neonatal care, Endocrinology and more. It is history in the making.”

H.E. Mrs. REBECCA AKUFO-ADDO, The First Lady of Ghana & Ambassador of Merck Foundation More Than A Mother emphasized, “I have been working closely with Merck Foundation to empower women in general and infertile women in specific, not only through creating a culture shift but by also making the fertility, sexual and reproductive care available for them and their husbands whenever they need it, nationwide. We have been able to provide more than 110 scholarships of 32 specialty training in the fields of Cancer, Diabetes, Cardiology, Endocrinology, Respiratory, Acute Medicine, Sexual and Reproductive medicine, Embryology, Respiratory, Critical care, Psychiatry, General Surgery, Dermatology, Emergency and Resuscitation Medicine, Gastroenterology, Neuroimaging for Research, Pain Management, Rheumatology, and Neonatal Medicine. All these fields are very critical to our country which I consider a great milestone to transform patient care landscape in my country”.

H.E. Mrs. CLAR MARIE WEAH, The First Lady of Liberia & Ambassador of Merck Foundation More Than A Mother said, “I am very happy to work closely with Merck Foundation to empower infertile women through access to information, education, health and change of mindset. Merck Foundation also provided Sanitary Napkin Production Machine and raw materials, this will really help our young girls. I truly appreciate our partnership and acknowledge their smart and serious strategy to provide specialty training for our local doctors. Till today, 37 scholarships have been provided to our doctors in many critical and underserved specialties. This is a huge achievement for us, and we are definitely making history in Libera by training the first specialists in many medical fields such as: Infertility, Embryology, Oncology and Diabetes”.

H.E. Mrs. MONICA CHAKWERA, The First Lady of Malawi & Ambassador of Merck Foundation More Than A Mother expressed, “I have worked closely with Merck Foundation since 2020 to define the right strategy to build healthcare capacity, empower infertile women, and support girl education in Malawi. With the support of Merck Foundation and their “Empowering Berna” program , 13 women have transformed their lives as they got a chance to establish their own small businesses so that they can be financially independent; and under the ‘Educating Linda’ program, we provided scholarships of 60 Malwian school girls to continue thier education till they graduate. Moreover, 33 scholarships have been provided to young Malawian doctors in 32 critical medical specialties such as Fertility & Embryology, Diabetes, Endocrinology, Oncology, Internal Medicine, Sexual & Reproductive Medicines, Ousmane emergency, respiratory care, acute care and more. My journey with Merck Foundation has definitely been amazing, very impactful and efficient”.

H.E. Mrs. ISAURA FERRÃO NYUSI, The First Lady of Mozambique & Ambassador of Merck Foundation More Than A Mother emphasized, “I am very impressed with initiatives of Merck Foundation under the “More Than a Mother” Campaign. We recently conducted our First Online Health Media Training for our journalists to emphasize on the important role that media plays to influence our society to raise awareness on a wide range of social and health issues. The training session benefitted many of our journalists. Together with Merck Foundation, I am fully committed to working closely to introduce more such innovative ideas that engage different sectors to create a culture shift. Moreover, 14 scholarships have been provided to our doctors for the Online Diabetes Master course, a unique course specially developes in Portuguese language so that our local doctors can benefit from it, under Merck Foundation’s  Nationwide Diabetes Blue Points Program”.

H.E. Mrs. MONICA GEINGOS, The First Lady of Namibia & Ambassador of Merck Foundation More Than A Mother said “I am glad to have this ongoing long-term beneficial partnership with Merck Foundation. I am particularly excited as Merck More Than a Mother Ambassador, as together we have been doing amazing work in the country to empower women living with infertility through access to information, education, information, change of mindset and economic empowerement. Moreover, 53 scholarships have been provided to young Namibian doctors in the fields of Diabetes, Cardiology, Endocrinology, Respiratory Medicines, Acute Medicines and Sexual and Reproductive Medicines, and many more. For Namibia, 2.4M population, we will soon have more than 18 skilled and trained doctors nationwide  to assist couples living with infertility or need any sexual & reproductive help, this will be a significant contribution towards improving women health in general and reproductive health in specific”.

I am proud that Merck Foundation has provided till today, more than 1470 scholarships to young doctors from 50 countries in 32 critical and underserved specialties

H.E. Dr. FATIMA MAADA BIO, The First Lady of the Republic of Sierra Leone stated, “Our partnership with Merck Foundation is since 2018 and we highly appreciate their programs. Together, we have provided 46 scholarships to our doctors from different provinces of Sierra Leone in the fields of Oncology, Embryology & Fertility, Sexual and Reproductive Health Medicine, Diabetes, Endocrinology, Orthopaedics, Clinical Microbiology & Infectious Diseases, Clinical Psychiatry, Dermatology, Gastroenterology, Internal Medicine, Neonatal Medicine, Paediatric Emergency Medicine, Cardiovascular Medicine, Respiratory Medicine and Emergency and Resuscitation Medicine. I can proudly say that along with Merck Foundation we are making history in Sierra Leone by providing training for the First Oncologists in the country with the aim to establish the first skilled cancer care team who will be working in our new hospital, this will improve access to quality and equitable cancer care in the country. This is a huge achievement for us since we did not have any oncologists or fertility specialists and we have in general a very limited number of local specialists in the public sector before starting our partnership with Merck Foundation.”

H.E. Mrs. MUTINTA HICHILEMA, The First Lady of the Republic of Zambia expressed, “I am very proud of our partnership with Merck Foundation. I am very impressed with ‘Educating Linda’ program to support girl education and provide scholarships to girls to complete thier education by providing thier tutiton fees, we have implememted this program in Zambia and provided 22 girls with scholarships to cover thier tuttion fees of nursing schools and health sciences univesities .this scholarship wil continue till they complete thier education successfully. I also very interested in “More Than a Mother” Campaign, this campaign is very critical for my country and Africa, at large. I am fully supporting this initiative as the First Lady of Zambia and as an african woman, it is very close to my heart. Moreover, together with Merck Foundation, we have provided 50 scholarships to our doctors from different provinces across Zambia and we will scale up this program under the leadership of my office”.

During her speech, H.E. Mrs. ANA DIAS LOURENÇOThe First Lady of the Republic of Angola & Ambassador of Merck Foundation More Than A Mother stated, “I am looking forward to start the implementation of the ‘Educating Linda’ Program which aims to empower girls through education and end child marriage, this program is very close to my heart as I consider it one of my main objectives as the First Lady of Angola; and as an African woman, I strongly believe that girl Education is one of the most critical areas of women empowerment. Moreover, I am very excited about the 8 important different competitions for our communities which are: Best Media, Song, Film and Fashion awards with the aim to encourage Media, Musicians, Fashion Designers, Filmmakers, students, and new potential talents in these fields to play their important role in sensitizing their communities about many critical social and health issues.”

H.E. Madam BRIGITTE TOUADERA, The First Lady of Central Africa & Ambassador of Merck Foundation More Than A Mother emphasized “I greatly value our partnership with Merck Foundation that is since 2015, to support us to advance and build the healthcare capacity in our country by providing scholarships to our local doctors in various medical specialities. Together, we worked on “Empowering Berna” program where we established small businesses for infertile and childless women and trained them to run their businesses so they can have income and become independent and have purpose life. Also, as a part of Merck Foundation’s Education Linda program, we will be providing scholarships to 20 under-privileged schoolgirls from our country to support girl education. Moreover, 5 scholarships have been provided to our doctors by Merck Foundation so far in Oncology and Diabetes”.

The 9th Edition of Merck Foundation Africa Asia Luminary 2022 was streamed live on the social media handles of Merck Foundation (http://bit.ly/32YFKpv) and Senator, Dr. Rasha Kelej(http://bit.ly/3ATPaEd).

Link to the Facebook live steam of Inaugural Session of Merck Foundation Africa Asia Luminary & African First Ladies High Level Panel: (https://bit.ly/3XE4EWp)

Merck Foundation is transforming the Patient care landscape and making history together with its partners in Africa, Asia, and beyond, through:

• 1470 + Scholarships provided by Merck Foundation for doctors from 50 Countries in 32 critical and underserved medical specialties.  

Merck Foundation is also creating a culture shift and breaking the silence about a wide range of social and health issues in Africa and underserved communities through:

• 2200 + Media Persons from more than 50 countries trained to better raise Awareness about different social and health issues

• 8 Different Awards Launched annually for best media coverage, fashion designers, films, and songs

• Around 30 songs to address health and social issues by local singers across Africa

• 8 Children’s Storybooks in three languages – English, French, and Portuguese

• Pan African TV Program “Our Africa by Merck Foundation” TV Program addressing Social and Health Issues in Africa through “Fashion and ART with Purpose” Community

• 1000+ Girls from 15 African countries supported through scholarships or school items, annually.

• 9 Social Media Channels with more than 5 Million Followers

Distributed by APO Group on behalf of Merck Foundation.

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Congo Is Turning Reserves into Bankable Projects – and the Investment Window Is Opening

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Eni-led LNG expansion and ongoing deepwater investment are pushing the Republic of Congo’s energy sector toward more bankable projects ahead of the Congo Energy & Investment Forum 2027

BRAZZAVILLE, Congo (Republic of the), June 23, 2026/APO Group/ –With LNG exports set to triple to 3 mtpa, upstream oil production targeting 500,000 bpd and a renewed push on local content, the Republic of Congo is positioning itself as one of Central Africa’s most investable hydrocarbon markets. Under the leadership of the newly-appointed Minister of Hydrocarbons, Stev Simplice Onanga, the country is prioritizing industry growth by balancing local content with reserve replacement and project advancement.

 

What sets Congo apart is not the scale of its reserves, but the pace at which those reserves are being turned into commercially viable projects. From Eni’s LNG expansion and TotalEnergies’ deepwater developments to brownfield optimization by Trident Energy and output growth at Ammat Global Resources, capital is flowing into projects with clearer monetization pathways and nearer-term returns.

Ahead of the Congo Energy & Investment Forum (CEIF) 2027 – the country’s leading platform for energy investment and partnerships – the story is shifting away from frontier potential toward bankable projects already under development.

Policy Reform Is De-Risking Investment

Congo’s investment case is being reshaped by the alignment of resource base, regulatory reform and project delivery. Established oil production, expanding LNG capacity and fiscal adjustments are gradually reducing above-ground risk.

Recent reforms led by the Ministry of Hydrocarbons and Société Nationale des Pétroles du Congo have added structure to the sector. The Gas Code, introduced in October 2025, formalizes fiscal terms for gas commercialization, while the Gas Master Plan prioritizes flaring reduction and gas-to-power deployment, targeting 1,500 MW by 2030.

A new upstream licensing round is also under consideration, aimed at attracting fresh capital into both mature and frontier acreage. Together, these measures are improving visibility across upstream, midstream and downstream segments, with recent project activity reinforcing the shift.

The Projects Driving the Next Cycle

Deepwater oil remains central to Congo’s production outlook, with operators progressing both new developments and brownfield optimization. TotalEnergies is advancing work at the Moho licence following the April 2026 Moho G discovery, backed by a $500–$600 million infill drilling program targeting about 40,000 bpd in incremental output.

Local independent Ammat Global Resources is targeting 70% production growth from its Loango and Zatchi fields, where reactivated wells and upgraded platforms have already lifted output by 75%. Perenco continues steady gains, adding roughly 6,000 bpd through its 2025–2026 drilling program.

Trident Energy, after acquiring an 85% working interest in the Nkossa and Nsoko II assets in 2025, is focused on extending field life through subsea optimization and redevelopment work.

While oil continues to anchor revenues, gas is rapidly emerging as Congo’s fastest-growing segment. Eni’s Congo LNG project delivered its first cargo from Phase 2 in February 2026, following the startup of the Nguya FLNG unit in December 2025. Together with Tango FLNG, capacity has risen from 0.6 mtpa to 3 mtpa. Trident Energy has also proposed an FLNG project aimed at adding further capacity across the country’s gas market. The project is expected to operate as shared infrastructure, allowing multiple operators to process gas from their respective fields. This creates an outlet for associated gas that might otherwise be stranded, supporting the country’s broader diversification goals.

Local Content Is Reshaping Investment Terms

Beyond upstream policy, Minister Onanga has positioned local content as a central pillar of Congo’s investment framework, and a key determinant of how capital is structured and deployed.

Decrees 2019-342, 343, 344 and 345 set requirements around subcontracting, workforce localization and training commitments, with the effect being a gradual shift in how projects are structured and how partnerships are formed. Operators are increasingly assessed not only on technical delivery but on in-country value creation, including partnerships with local firms and skills development. Logistics, maintenance and other service areas are increasingly channeled through domestic providers.

At CEIF 2027 – taking place June 1–3 in Brazzaville – attention will shift to what is moving forward and to the investors positioned to take part in that pipeline. Congo’s energy sector is no longer defined by potential alone: projects are moving, capital is being committed and policy is starting to catch up with activity on the ground.

As the Republic of Congo moves from reserves to revenue, the signal to investors is clear: this is already unfolding, not a future opportunity.

Distributed by APO Group on behalf of Energy Capital & Power.

 

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Afreximbank secures double honours at the 2026 International Association of Business Communicators (IABC) Gold Quill Awards for excellence in strategic communications

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The Award of Excellence for IATF2025 recognises the successful communications and stakeholder engagement programme delivered around the fourth edition of the Intra-African Trade Fair, Africa’s premier trade and investment event

CAIRO, Egypt, June 23, 2026/APO Group/ –African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has been recognised with two prestigious honours at the 2026 International Association of Business Communicators (IABC) Gold Quill Awards, one of the world’s most prestigious awards programmes for strategic communications.

 

The Bank received an Award of Excellence in Special and Experiential Events category for the Intra-African Trade Fair 2025 (IATF2025) held in Algiers, Algeria and an Award of Merit in the Social Media category for its Afreximbank Social Media Campaigns, reaffirming Afreximbank’s commitment to delivering impactful communications that advance its mandate of promoting trade, investment and industrialisation across Africa and the Caribbean.

We are delighted to receive these two awards, which attest to the expertise, creativity and efficiency of Afreximbank’s communication

The Award of Excellence for IATF2025 recognises the successful communications and stakeholder engagement programme delivered around the fourth edition of the Intra-African Trade Fair, Africa’s premier trade and investment event. IATF2025 brought together governments, businesses, investors, buyers, sellers and entrepreneurs from across Africa and beyond, creating a platform for trade and investment opportunities while advancing the objectives of the African Continental Free Trade Area (AfCFTA). The communications campaign played a pivotal role in driving global awareness, stakeholder participation, media visibility and engagement before, during and after the event, while showcasing the scale, ambition and dynamism of African enterprise and reinforcing a positive narrative about Africa’s capacity to trade, industrialise and compete on the global stage. Over 120,000 delegates attended IATF2025 in person and virtually, with deals worth over US$50 billion recorded.

The Award of Merit for Afreximbank Social Media Campaigns recognises the Bank’s strategic use of digital platforms to engage stakeholders, amplify its developmental impact and elevate conversations around trade, industrialisation, economic integration and investment opportunities across Africa and the Caribbean. Through a combination of compelling storytelling, thought leadership content, executive advocacy, multimedia production and real-time event coverage, Afreximbank’s social media platforms have continued to expand their reach and influence among policymakers, businesses, investors, development partners and the wider public. Among these platforms is the Afreximbank TV, a digital TV channel that is wholly owned and managed by Afreximbank, whose fifth edition was celebrated with dedicated coverage of IATF2025, providing live coverage of the activities to both pan African and global audiences.

Anne Ezeh, Director & Global Head, Communications and Events at Afreximbank commented: “We are delighted to receive these two awards, which attest to the expertise, creativity and efficiency of Afreximbank’s communications. As a pan African multilateral financial institution, we see storytelling as a powerful tool for advancing our mission — ensuring our initiatives, events, programmes and key announcements not only inform, but also inspire confidence, deepen engagement and amplify Africa’s transformation. These awards reinforce our resolve to continue delivering world-class communications that elevate African voices and projects a bold and authoritative narrative of the continent.”

Ms. Ezeh added that through innovative storytelling, digital engagement and integrated campaigns, the Bank will continue to amplify the impact of its programmes and partnerships  to project a more authentic narrative of Africa, one defined by opportunity, innovation, resilience and growing influence in the global economy.

For more than five decades, the IABC Gold Quill Awards have recognised excellence in strategic communications globally, celebrating programmes and campaigns that demonstrate measurable impact, innovation, creativity and outstanding execution. Widely regarded as the pinnacle of achievement in the communications profession, the awards are judged through a rigorous and independent evaluation process conducted by experienced communication leaders from around the world.

Distributed by APO Group on behalf of Afreximbank.

 

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Islamic Development Bank (IsDB) Institute Unveils 2025 Annual Report During Group Annual Meetings in Baku

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In 2025, IsDBI significantly expanded its footprint in Islamic finance transformation, approving 25 new technical assistance projects valued at US$4.14 million and completing 19 projects worth US$3 million

The Islamic Development Bank Institute (IsDBI) (https://IsDBInstitute.org) has released its 2025 Annual Report during the 2026 IsDB Group Annual Meetings held in Baku, Azerbaijan, showcasing a year of expanded impact in Islamic finance transformation, innovative solutions, and capacity development.

 

The report highlights how IsDBI strengthened its role as a global knowledge leader by advancing innovative solutions and scaling support to Member Countries through knowledge-based interventions, Islamic finance grants, and strategic partnerships.

In 2025, IsDBI significantly expanded its footprint in Islamic finance transformation, approving 25 new technical assistance projects valued at US$4.14 million and completing 19 projects worth US$3 million, supporting countries in strengthening regulatory frameworks and promoting inclusive financial systems.

Since 2013, the Institute’s interventions in this regard have reached over US$27.57 million across 181 projects benefiting more than 34 countries, underlining its sustained contribution to development outcomes across the Islamic world.

I am pleased to note that the Institute has continued to strengthen its unique role in the global development ecosystem

The Annual Report highlights major progress in IsDBI’s three flagship transformative projects, namely Awqāf Free Zones, Digital Postal Islamic Financial Services, and Smart Countertrade System, which have all advanced to pilot-ready stages. These initiatives aim to address global challenges such as financial inclusion, food and energy security, and trade resilience.

Furthermore, the Institute accelerated its focus on digital innovation in Islamic finance, enhancing its Islamic Finance Artificial Intelligence Assistant (IFAA) and hosting its first AI Hackathon on Islamic Finance, engaging more than 40 teams in developing cutting-edge solutions aligned with industry standards.

Human capital development in Islamic finance also remained a cornerstone of IsDBI’s work in 2025, with the delivery of over 20 training programs reaching around 500 professionals across Member Countries. A key achievement in this area was the Entrepreneurial Mindset Development Program, a flagship initiative equipping emerging leaders from 20 countries with innovation-driven and values-based entrepreneurship skills. The program was designed and implemented in collaboration with Prince Mohammed Bin Salman College of Business and Entrepreneurship, Saudi Arabia.

The Institute also strengthened its thought leadership through flagship publications, global partnerships, and digital engagement, reinforcing its position as a leading voice in Islamic economics and finance.

Commenting on the issuance of the Annual Report, Dr. Sami Al-Suwailem, Acting Director General of IsDBI, said: “I am pleased to note that the Institute has continued to strengthen its unique role in the global development ecosystem by bridging knowledge creation, building human capital, and designing innovative solutions to address economic challenges.”

The 2025 Annual Report is accessible on IsDBI website here (https://isdbinstitute.org/product/isdbi-annual-report-2025/).

Distributed by APO Group on behalf of Islamic Development Bank Institute (IsDBI).

 

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