Partenariat stratégique entre Société internationale islamique de financement du commerce (ITFC) et la Côte d’Ivoire au titre du nouvel accord-cadre de 750 millions de dollars US

Source: Africa Press Organisation – French

La Société internationale islamique de financement du commerce (ITFC) (www.ITFC-idb.org), membre du Groupe de la Banque islamique de développement (BID), et le Gouvernement de la Côte d’Ivoire ont signé un accord-cadre de 750 millions de dollars US destiné à appuyer la mise en œuvre du Plan national de développement 2026-2030, à renforcer les secteurs stratégiques et à promouvoir une croissance portée par le secteur privé.

Le nouvel accord-cadre de 750 millions de dollars US triple le montant du précédent accord signé en 2023, témoignant du succès et de l’élargissement continu de la coopération entre l’ITFC et la Côte d’Ivoire.

L’accord a été signé en marge des Assemblées annuelles 2026 du Groupe de la BID à Bakou, lors d’une rencontre à laquelle ont pris part S.E. Dr Souleymane Diarrassouba, Ministre du Plan et du Développement et Gouverneur de la BID pour la Côte d’Ivoire, et M. Adeeb Yousuf Al Aama, Directeur général de l’ITFC.

Le partenariat produit déjà des résultats tangibles dans les secteurs stratégiques. Les opérations souveraines en cours comprennent une facilité de financement énergétique de 90 millions d’euros destinée à l’acquisition de produits pétroliers et de gaz pour la production d’électricité avec CI-Energies et la CIE (Compagnie Ivoirienne d’Électricité), renforçant ainsi la sécurité énergétique de la Côte d’Ivoire. Dans le secteur de la santé, une facilité de 25 millions d’euros en faveur de la Nouvelle Pharmacie de la Santé Publique (Nouvelle PSP-CI) soutient l’accès aux médicaments essentiels et renforce la chaîne d’approvisionnement pharmaceutique du pays.

L’ITFC développe également le financement du commerce en faveur du secteur privé à travers des partenariats avec des banques locales et des opérations de financement structuré, notamment avec Bank of Africa Côte d’Ivoire, Bridge Bank Côte d’Ivoire et Coris Bank Côte d’Ivoire.

Depuis le démarrage de ses opérations en Côte d’Ivoire en 2008, l’ITFC a approuvé plus de 751 millions de dollars US au titre d’opérations souveraines et en faveur du secteur privé. Le nouvel accord-cadre offre une plateforme élargie pour accompagner l’agenda d’industrialisation du pays, le développement agro-industriel et la croissance du secteur privé, grâce à des solutions renforcées de financement du commerce.

Distribué par APO Group pour International Islamic Trade Finance Corporation (ITFC).

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À propos de la Société internationale islamique de financement du commerce (ITFC) : 
La Société internationale islamique de financement du commerce (ITFC) est membre du Groupe de la Banque islamique de développement (BID). Elle a été créée avec pour objectif principal de promouvoir le commerce entre les pays membres de l’Organisation de la coopération islamique (OCI), contribuant ainsi à l’objectif global d’amélioration des conditions socioéconomiques des populations à travers le monde. Depuis le début de ses opérations en janvier 2008, l’ITFC a fourni plus de 96 milliards de dollars US de financements aux pays membres de l’OCI, s’imposant comme le premier fournisseur de solutions de financement et de développement du commerce répondant aux besoins de ces pays. Avec pour mission de devenir un catalyseur du développement du commerce pour les pays membres de l’OCI et au-delà, la Société aide les entités des pays membres à accéder plus facilement au financement du commerce et leur fournit les outils nécessaires de renforcement des capacités liées au commerce, afin de leur permettre de réussir sur le marché mondial.

Media files

Partenariat pour un impact durable : renforcer les synergies entre le Groupe de coordination arabe (GCA) et le secteur privé au service du développement durable

Source: Africa Press Organisation – French

Le Groupe de coordination arabe (GCA) (www.TheACG.org), en collaboration avec le Groupe de la Banque islamique de développement (BID), a organisé une session de haut niveau intitulée « Partenariat pour un impact durable : renforcer les synergies entre le Groupe de coordination arabe (GCA) et le secteur privé au service du développement durable », dans le cadre du Forum du secteur privé du Groupe de la BID (PSF 2026), tenu à Bakou du 16 au 19 juin 2026. Cette session, organisée le 18 juin, a réuni de hauts représentants des institutions du GCA, d’entreprises du secteur privé, de partenaires du développement, d’entités gouvernementales et d’organisations internationales afin d’examiner des approches concrètes propres à faire progresser le développement durable grâce à un renforcement de la collaboration entre les secteurs public et privé.

Les échanges ont mis en évidence le rôle du Groupe de coordination arabe dans l’appui au financement coordonné, à l’alignement des politiques et au partage des connaissances dans des secteurs prioritaires tels que les infrastructures, l’énergie et le développement social. Ils ont également souligné que le GCA continue de jouer un rôle de plateforme de mobilisation des ressources et de facilitation des partenariats au service des efforts de développement dans les marchés émergents et les marchés frontières.

Les participants ont partagé des exemples de modèles de collaboration existants et examiné les possibilités d’élargir les initiatives conjointes afin d’obtenir des résultats de développement mesurables. La session a mis en évidence l’importance d’un engagement plus étroit entre les institutions de financement du développement et les acteurs du secteur privé pour contribuer à combler les déficits de financement et à renforcer l’efficacité ainsi que l’impact des investissements de développement.

Les objectifs de la session comprenaient la présentation de partenariats réussis entre le GCA et le secteur privé, l’identification des priorités stratégiques en vue d’un engagement plus approfondi dans les marchés émergents et les marchés frontières, l’encouragement du dialogue sur les possibilités de cofinancement et d’investissement conjoint, ainsi que le renforcement de la visibilité du rôle du GCA dans le cadre plus large du Forum du secteur privé du Groupe de la BID. Les échanges ont également réaffirmé l’importance de la collaboration public-privé pour soutenir, sur le long terme, un impact durable sur le développement.

Les principaux points abordés ont porté sur la contribution du GCA au développement durable à travers des mécanismes de financement coordonné, sur les approches permettant de renforcer la participation du secteur privé dans les pays membres, sur le rôle de l’innovation et de la technologie dans l’amélioration des résultats de développement, sur les enseignements tirés des partenariats existants, ainsi que sur les domaines prioritaires en vue d’une coopération future. La session a également mis en lumière les mécanismes et outils de partage des risques conçus pour favoriser une mobilisation accrue des capitaux privés en faveur de projets axés sur le développement.

La session s’est achevée sur un constat partagé quant à l’importance de poursuivre la collaboration entre les institutions du GCA et les partenaires du secteur privé afin de soutenir, dans des secteurs clés, des initiatives de développement à la fois évolutives et à fort impact.

Distribué par APO Group pour Arab Coordination Group (ACG).

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Who was Andimba Toivo ya Toivo? The Namibian leader who chose justice over power

Source: The Conversation – Africa – By Heike Becker, Professor of Anthropology, University of the Western Cape

Celebrated Namibian liberation leader Andimba Toivo ya Toivo played an important role in his country’s development. Beyond Namibia, however, he remains unknown to many.

Anthropologist Heike Becker has written a biography of ya Toivo, finally telling his story in full. We asked her four questions about the man and the book.


Why is he little known outside Namibia?

It’s true, few know about ya Toivo, even though his legacy includes one of the most powerful speeches from the dock ever made during the struggles against settler colonialism in southern Africa.

His contribution remains overshadowed because he never became the official leader of the liberation movement that he’d founded in 1957, Swapo (South West Africa People’s Organisation). Nor did he become Namibia’s president. These positions were occupied by Sam Nujoma, who is regarded as the official “founding father” of the nation.

During the decades of the Namibian liberation struggle, Nujoma, who had lived in exile from 1960, had become internationally well-known. Ya Toivo was jailed on Robben Island until 1984.

Unusually for his generation, he did not clamber for power. He influenced people through his “stubborn” example, as his lifelong friend and fellow political prisoner Helao Shiyuwete remembered. Although I met ya Toivo informally in the 1990s, the book is based on speaking with his peers and young Namibians, along with extensive archive and film material.

Many who knew him recall his defiance, his self-discipline, his determination to reach his goals, and his friendliness. (Though he could be very strict, as one of his daughters recalled during his memorial service in 2017.)

My book begins to highlight his central role in shaping the Namibian liberation struggle. It also shows that he continued to advocate for social justice, fighting corruption and tribalism, after Namibia’s independence in 1990.

Who was Andimba Toivo ya Toivo?

Ya Toivo was born in 1924 in Omangudu in northern Namibia, where his father was a lay preacher and teacher under the Finnish Lutheran mission. His mother was from the royal family of Ondonga, one of the historical Owambo kingdoms.

As a boy he herded cattle and received primary education from the mission. During the second world war, he was a soldier with the South African Native Military Corps, a unit of the racially segregated South African army.

Although Namibia was officially administered under a League of Nations mandate, South Africa governed it as a de facto fifth province, so about 5,000 black Namibians were recruited into the neighbouring country’s army. After his discharge in 1943, ya Toivo went back to school in northern Namibia.

HSRC Press

In the early 1950s, ya Toivo moved to South Africa. In 1957, he and other Namibians formed the Ovamboland People’s Congress, the forerunner of Swapo. Their inaugural meeting was held at a Cape Town barber shop owned by Namibians. The founders adopted a petition, demanding that the administration of Namibia be transferred from South Africa to the United Nations.

They also called for the end of Namibia’s detested contract labour system, established under German colonial rule. The petition included demands for the rights of women in the workplace.

At the time, the South African government had extended its apartheid policies of racial and ethnic separation to its colony, Namibia, then known as South West Africa. Because of his activism, the South African regime deported ya Toivo. In northern Namibia he continued to play a vital role in organising anticolonial resistance, despite the regime’s severe measures to contain him.


Read more: A man called Hope: the legacy of Namibia’s Andimba Toivo ya Toivo


In 1967, the South African regime clamped down. Ya Toivo and 36 others were charged with “terrorism”. On trial in Pretoria he drew international attention to the Namibian liberation struggle with a formidable speech in the court room. He told the judge, the apartheid regime and the world about the determination of the Namibian people:

I know that the struggle will be long and bitter, but I also know that my people will wage that struggle whatever the cost.

Sentenced to 20 years in prison, ya Toivo spent 16 years on Robben Island, where he continued his defiant resistance alongside his fellow Namibian prisoners. He also made friends with South African resistance leaders like Nelson Mandela and Walter Sisulu.

In 1984 he was released and joined Swapo in exile. Between the 1960s and the much delayed implementation of the Namibian independence plan in 1989, Swapo’s political-diplomatic and armed struggle was led mainly from southern Africa’s frontline states, particularly Zambia and Angola.

What did you learn writing this book?

Researching the biography, I realised that it could bring attention to lesser-known dimensions of the Namibian liberation struggle. I became particularly interested in the experience of, and the role played by, about 200 Namibian workers who, like ya Toivo, found themselves in Cape Town in the 1950s.

Their experiences of displacement and migration were significant for early nationalist politics, as were their political contacts in Cape Town. This transnational aspect deserves more attention.

Ya Toivo (right) with author and former politician Helao Shityuwete in 2014. Courtesy Jane Shityuwete

Ya Toivo’s first sojourn in South Africa, as a soldier, had raised his political awareness. One Namibian activist, Leonard Lidker, was 11 when he met ya Toivo in Odibo in 1944. He recalls him spending evenings telling young students about the importance of standing up for equality and justice.

Later, in Cape Town, ya Toivo became involved with South African anti-apartheid organisations, left-wing intellectuals and activists. This influenced the ways in which he organised his fellow Namibians, workers, and also a handful of students studying at the Cape.

When Namibians like ya Toivo joined the migration to South Africa, they managed to break through what had previously been a sealed door to the outside world. In Cape Town, the mid-1950s were a period of blossoming life and activism. Despite the apartheid restrictions, social intermingling remained possible.

Easter weekend camps, for instance, brought people together in seaside suburbs. Ya Toivo recalled that these were an eye-opener because it was the first time that he saw people of different racial categories mingling freely.

The events were organised by the Modern Youth Society, a multiracial left-wing group of activists. Ya Toivo would become the group’s vice-chair.

What is his legacy and why is he still so relevant?

Throughout his long life, ya Toivo remained committed to the fight for justice, against inequality, poverty, tribalism and corruption. As an internationalist and opposed to ethnic politics, he forged connections and solidarities across national, cultural and social divides.

His farewell speech in the Namibian National Assembly in 2005 reminded Namibians to continue the struggle for social justice. He issued a stern warning against greed and self-enrichment to those who had come to power after liberation.

Ya Toivo’s life and vision remain relevant a decade after his death at 92. His legacy continues to inspire those devoted to social justice and unity. This includes a new generation of Namibian activists, who never met him in person and who have been given voice in the book. They have taken up ya Toivo’s call to complete the “unfinished struggle”.

– Who was Andimba Toivo ya Toivo? The Namibian leader who chose justice over power
– https://theconversation.com/who-was-andimba-toivo-ya-toivo-the-namibian-leader-who-chose-justice-over-power-283978

What’s overlooked in student mental health in South Africa: social connection and sexual wellbeing

Source: The Conversation – Africa – By Jarred H Martin, Senior Lecturer in Clinical Psychology, University of Pretoria

Student mental health has become one of the defining challenges facing universities worldwide. In South Africa, these concerns are often framed around reports which point to anxiety, burnout and academic pressure. With this comes the call for expanded student counselling and crisis services.

These concerns are important. Previous research has shown that university students in South Africa face mental health challenges shaped by financial strain, inequality, academic pressure and social stressors. Studies conducted during and after the COVID-19 pandemic have also shown how isolation and loss of support affected students’ mental health and wellbeing.


Read more: Mental health: almost half of Johannesburg students in new study screened positive for probable depression


But mental health is not only the absence of distress or illness. It is also the presence of wellbeing: feeling connected to others, being satisfied with one’s life overall, and having the ability to manage everyday challenges and participate meaningfully in one’s community.

Our recent study suggests that this broader view matters. As psychologists and researchers, we wanted to better understand the factors that help university students flourish.

We surveyed 1,366 students at a public, in-contact South African university to examine what influences student mental health and wellbeing. We looked at structural factors, such as socioeconomic status, food security, financial strain and living conditions. We also examined academic pressures and psychosocial factors. These included life satisfaction, loneliness, sexual wellbeing, and health-related social support (help from friends, family and others to maintain a person’s physical and mental health).

The findings suggest that students are more likely to flourish when they experience both material security and psychosocial support, including greater life satisfaction, stronger social support for their health, and lower levels of loneliness.

Coping, but not all thriving

Most students in our study were not languishing, a state characterised by low levels of wellbeing and a sense of disconnection, stagnation, or lack of purpose. But many were also not flourishing, which refers to high levels of emotional, psychological and social wellbeing.

About two-thirds (66%) of participants were classified as having moderate mental health. Just over a quarter (28%) were flourishing, while around 6% were languishing.

This matters because students with moderate mental health may appear to be coping. They may attend class, complete assignments, and continue with their studies. But coping is not the same as thriving.


Read more: Words about mental health need to align with people’s understanding of well being


The distinction is important because flourishing has been associated with stronger psychological functioning, better social relationships, improved academic engagement and greater resilience when facing life’s challenges.

For universities, this means student mental health strategies should consider not only how to address and reduce distress, but also what enables students to flourish.

Two different student profiles

One of the clearest findings from our study was that students tended to fall into two broad profiles.

The first group, which we called “Strained and Stressed”, was characterised by greater financial strain, poorer food security, lower life satisfaction, weaker social support for health, and higher loneliness.

The second group, which we called “Resourced and Supported”, had greater material security, stronger psychosocial resources, more health-related social support and higher life satisfaction. These students also reported better mental health outcomes and were less lonely.

This highlights an important reality for South African universities: student wellbeing is shaped by both material circumstances and psychosocial resources. Financial strain, food insecurity and unstable living conditions matter, but so do social connection, support, life satisfaction and the ability to manage one’s health.

In other words, student mental health is both a material and relational issue.

Why connection matters

Psychosocial factors showed the strongest associations with mental health in our study. Students who reported greater life satisfaction and social support for health reported better mental health. Loneliness was associated with poorer wellbeing.

This aligns with previous research showing that social connection and belonging are central to student wellbeing.

This does not mean universities should stop investing in counselling and psychological services. These services remain essential, particularly for students experiencing significant distress.

But counselling services alone cannot carry the full burden of student wellbeing. Universities also need to create environments in which students can build meaningful relationships and experience a sense of belonging.

This could be through promoting peer mentoring programmes, student societies, residence-based support, orientation programmes that extend beyond the first few weeks of university, and structured opportunities for students to connect across academic and social spaces.

The overlooked role of sexual wellbeing

One finding stood out because it is rarely discussed in South African higher education research: students who reported higher sexual wellbeing also tended to report better mental health.

Sexual wellbeing is not simply the absence of disease, dysfunction or risk. It includes feeling safe, respected, comfortable and able to exercise agency in intimate relationships.


Read more: South African students still don’t feel safe on campus: how protection can be stepped up


This is important because much of the South African research on student sexuality has understandably focused on sexual violence and risk. These remain urgent issues.

But our findings suggest that universities should also consider the positive dimensions of sexual wellbeing as part of holistic student health. A student’s sense of safety, respect and autonomy in intimate life may be connected to their broader wellbeing.


Read more: Sex, money and love: what South African university students say about romance and dating in a material age


This does not mean that sexual wellbeing should replace risk-prevention work. Rather, it suggests that student wellness programmes should be broad enough to address both protection from harm and the conditions that allow students to experience dignity, agency and wellbeing.

What universities can do

The findings highlight three priorities.

First, universities must, with the support of government and other relevant agencies, continue addressing the structural barriers that shape student wellbeing. Financial hardship, food insecurity and living conditions remain serious pressures. Support systems such as food programmes, accommodation assistance and academic flexibility are not peripheral to mental health. They are part of the conditions that make wellbeing possible.


Read more: Student hunger at South African universities needs more attention


Second, universities should invest in and support social networking interventions that create durable social connections among their student communities. Students experiencing greater loneliness are more likely to report poorer mental health. This means that belonging should not be treated as an optional aspect of university life. It is central to the wellbeing of young adults.

Third, universities should adopt a broader view of student wellbeing and implement targeted support interventions which encourage multiple dimensions of wellbeing. Our findings support a “whole-university” approach to health promotion. This integrates student wellbeing across the university ecosystem. Mental health, belonging, academic success, as well as physical and sexual wellbeing, cannot be addressed through disconnected health and support services.


Read more: Family, community and university support helps lesbian students thrive


Student mental health is often discussed only in terms of crisis. Our findings suggest that universities should focus equally on the conditions that help students thrive.

For South African universities, this means combining structural support with psychosocial care to create environments where students can flourish – not merely survive, but fully participate in university life and realise their potential.

– What’s overlooked in student mental health in South Africa: social connection and sexual wellbeing
– https://theconversation.com/whats-overlooked-in-student-mental-health-in-south-africa-social-connection-and-sexual-wellbeing-285001

Address by President Ramaphosa on the launch of the Milestones of Freedom Programme, Union Buildings, Tshwane

Source: President of South Africa –

Programme Director,
Ministers and Deputy Ministers,
Veterans of our struggle,
Leaders of our future,
Distinguished Guests,
Fellow South Africans,

Sanibonani. Dumelang. Avuxeni. Molweni. Ndi matsheloni. Lotjhani. Goeie môre. Good morning. 

It is a profound honour to stand before you today to launch the Milestones of Freedom programme.

Over the course of the next year, our nation will together remember where we have come from. We will honour those who carried us here. And we will renew the promise we made to one another at the dawn of our democracy. 

In the span of a few short months, the calendar of our history brings together four anniversaries that, woven together, tell a story of who we are as a people. 

They speak of oppression and dispossession, of courage and resistance, and of restoration and rebuilding. 

Seventy years ago, on the 9th of August 1956, in the very place that we gather today, some 20,000 women of every colour and creed converged to demand an end to injustice and discrimination. 

They came from the cities and the countryside, from the factories and the farms, many with their children strapped to their backs. 

They came to say to the apartheid state, in a single defiant voice, that they would not carry the hated dompas. 

They stood in silence for thirty minutes. And then they sang the words that have echoed through the decades: Wathint’ abafazi, wathint’ imbokodo. You strike the women, you strike a rock. 

We pay tribute to the women who carried thousands of petitions to the door of Prime Minister JG Strijdom: Lilian Ngoyi, Helen Joseph, Rahima Moosa and Sophie De Bruyn. 

We remember the thousands whose names history did not record but whose courage built the foundation on which our democracy stands. 

Those women taught us that there can be no freedom for our nation while half of our people are not free. 

Today, we honour those women not only with our words, but with our determination to finish the work they began. 

Sixty years ago, in February 1966, the apartheid government declared District Six in Cape Town a whites-only area under the Group Areas Act. 

In the years that followed, more than 60,000 people were torn from their homes, their shops, their mosques and their churches, and scattered across the Cape Flats. 

A vibrant and diverse community – a place where people of many faiths and origins had lived side by side for generations – was reduced to rubble. 

The people of District Six were not alone in their fate. 

Across our country, over many decades, the same cruelty was unleashed upon the people of Sophiatown, of Cato Manor and of countless other places whose names are written in the memories of the dispossessed. 

Today, as families return to the land that was stolen from them, we are reminded of our solemn responsibility to achieve redress for all the people of our land. 

Fifty years ago, on the 16th of June 1976, the children of Soweto walked out of their classrooms and into history. 

They were schoolchildren who refused to be taught in the language of their oppressor. They refused to bend their knee to a system designed to keep them in servitude. 

Their peaceful protest was answered with teargas, bullets, arrest and torture. 

We will never forget the young people who fell that day in Soweto, and in the days and years that followed across this land. 

The youth of 1976 changed the course of our history. They showed the world that a system built on injustice could not endure forever. 

They reminded us that young people are not only the leaders of tomorrow. They are the conscience, the voice and the pioneers of the present. 

Thirty years ago, on the 8th of May 1996 – having endured all these hardships, having resisted the pass laws, the forced removals and the injustice of Bantu Education, and having fought a courageous struggle for freedom – the people of South Africa adopted a new democratic Constitution.

The Constitution begins with the words: ‘We, the people of South Africa.’

In doing so, the Constitution reaffirms the fundamental principle that this country belongs to all who live in it, black and white, united in our diversity.

Our Constitution declared that we would heal the divisions of the past. 

That we would establish a society based on democratic values, social justice and fundamental human rights. 

That every person – regardless of race, gender or belief – would be equal before the law and equal in dignity. 

This Constitution is our inheritance from the generations of freedom fighters who came before us, and it is the birthright we hold in trust for those who come after us. 

When we remember these milestones, we do not see them as artefacts of the past.

We see them as the foundations on which we need to build. 

They are a reminder of the work we still have to do.

There are still South Africans who go to bed hungry, still young people without work, still communities living in fear of criminals.

There are still South Africans waiting for the dignity that freedom promised. 

We do not gather here to declare that our long walk to freedom is complete.

Rather we gather here to acknowledge the great progress that we have achieved together as free South Africans, and affirm our commitment to complete the task that history has bestowed upon us.

Since the dawn of democracy, millions who lived in darkness now have electricity. 

Millions who carried water from distant rivers now have clean water flowing from a tap. Together, we have built millions of homes and thousands of clinics and schools. 

Through the provision of social grants and free basic services, we have improved the quality of life of children, the elderly, persons with disabilities and families across the country. 

For the women of South Africa, we have opened doors that were once bolted shut. 

Women hold positions of leadership in government, in our courts, in our boardrooms, in our universities and colleges, and in many other areas of our national life. 

We have done much to advance the education of the girl child, achieving gender parity in access to schooling and seeing female learners excelling in matric and in further studies.

We have put in place laws and programmes that advance the position of women in the workplace and in the economy more broadly.

We have placed the fight against gender-based violence and femicide at the centre of our national agenda, because a country where women are not safe is a country that is not yet free. 

The work is far from done, but we can say that through our collective efforts the daughters of Lilian Ngoyi, Helen Joseph, Rahima Moosa and Sophie de Bruyn are rising. 

For our young people, we have made school accessible to more children than ever before, with no-fee schools and daily meals for those who would otherwise learn on an empty stomach. 

Through financial aid, we have opened the gates of universities and colleges to the children of workers and the poor.

And we are investing in the skills, the enterprises and the opportunities that turn the potential of young South Africans into meaningful livelihoods.

We have made great progress in returning the land to its original owners through our land restitution process. We have undertaken extensive redistribution of white-owned agricultural land to black farmers. We have given many rural dwellers security of tenure.

Despite this progress, this work is not complete. We are committed to continue until we can say with confidence that the land belongs to all who work it and need it.

This is what freedom has built. 

The Milestones of Freedom programme is a recommitment. It calls us to the work that remains. 

It calls us to grow an economy that includes everyone, not only the few. 

To achieve this, we are removing the obstacles to investment, fixing our energy supply, rebuilding our ports and railways, and backing the small businesses and entrepreneurs who create the most jobs. 

An economy that is inclusive and growing – that reaches every township and village – is the surest instrument we have against poverty. 

 An economy that creates jobs, particularly for young people, is the greatest guarantor of a secure and prosperous future. 

We continue to expand the pathways from the classroom to the workplace.

We are strengthening our partnerships with business, labour and civil society so that no young South African is left to wait, year after year, for a chance that never comes. 

We are intensifying the fight against poverty and hunger, protecting the most vulnerable while creating the job opportunities that allow families to stand on their own. 

We are focused on the education that shapes a child’s destiny.

We are investing in early learning, lifting the quality of our schools and equipping our young people for the world they will inherit. 

And we are building a health system that serves all our people, ensuring that access to quality health care is never again determined by a person’s ability to pay. 

We are working to confront crime and corruption without fear or favour, because South Africans deserve to feel safe in their homes and on their streets. 

We are rebuilding our police, our prosecution service and all our law enforcement institutions.

We are pursuing those who stole from the people, because money looted through corruption is money taken from a clinic, a classroom, a child. 

We are building a capable, ethical state that serves the people, a state where public representatives and officials understand that they are there to serve citizens. 

We do this work in a spirit of partnership. 

The milestones we honour this year were made by ordinary people, working together, who decided that they would not rely on others to determine their fate. 

That is the spirit we must rekindle. Freedom is not a monument we visit once a year. 

It is a responsibility we carry every day. 

So today we issue a call to activism, a call to service, a call to participate.

This is a call to all of us, to volunteer in a school, to mentor a young person, to clean a street, to grow a business. 

It is a call to serve on a school governing body, to report corruption, to prevent violence against women.

It is a call to vote in every election and to hold to account those that are elected into public office. 

This is a call to register to vote this weekend, on the 20th and 21st of June.

If we are to honour those who came before us, we should all of us be active participants in the National Dialogue that is taking place across the country.

We must attend the public dialogues that are going to take place in our wards, in our sectors and in our organisations. 

We should add our voice to the millions of people who will be charting a new way forward for our country.

This nation belongs to all of us, and it will be only as strong, as just and as free as we are willing to make it. 

As we launch the Milestones of Freedom, let us hold all four of these anniversaries in our hands at once: the women, the children and the dispossessed and the Constitution that turned their dreams into a promise of a better future. 

We are the inheritors of their courage. We are the keepers of their dream. 

And we are, every one of us, the authors of what South Africa will become. 

Let us, together, build the South Africa of which our forebears dared to dream, united in our diversity, equal in our dignity and free at last. 

May God bless South Africa.
Nkosi Sikelel’ iAfrika.
Morena boloka setjhaba sa heso. 
God seën Suid-Afrika. 
Mudzimu fhatutshedza Afurika.
Hosi katekisa Afrika.

I thank you.
 

Islamic Development Bank Institute (IsDBI) Announces Winners of Applied Artificial Intelligence (AI) in Islamic Finance Competency Challenge

Source: APO


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The Islamic Development Bank Institute (IsDBI) (https://IsDBInstitute.org/) successfully concluded the Applied AI in Islamic Finance Competency Challenge and Awards in Baku, Azerbaijan, in collaboration with the IsDB Group Business Forum (THIQAH) and the Small and Medium Business Development Agency of Azerbaijan (KOBİA). The initiative was organized as part of the 5th IsDB Group Startups Pitch Competition under the focused category of Artificial Intelligence, FinTech, and Cybersecurity.

The awards were presented to the top three participating teams during the 20th IsDB Global Forum on Islamic Finance, held on the sidelines of the IsDB Group Annual Meetings.

The challenge brought together innovators, professionals, and emerging entrepreneurs to design practical, AI-powered solutions that address key challenges in Islamic finance while aligning with Maqasid Al-Shariah principles. Over several days, participants developed impactful concepts focused on improving financial inclusion, efficiency, transparency, and social finance delivery systems.

Following a rigorous evaluation process based on problem relevance, AI application and Shariah alignment, feasibility, impact, and presentation, the top teams were awarded as follows:

1st Place
Mr. Emin Jafar

Solution: SCMS 2.0 – A Channel-Based (B2G · B2B · B2C)
 Achieved the highest overall evaluation scores across judges

2nd Place
Mr. Mohamed Khalil Ben Mohamed

Solution: Takaful AI Fund Management Platform
Recognized for strong AI integration and Shariah alignment

3rd Place
Mr. Elchin Huseynov

Solution: Smart Voucher System – Beneficiary Status Management
Noted for innovation in Zakat distribution and beneficiary lifecycle management

Commenting on the initiative, Dr. Sami Al-Suwailem, Acting Director General of IsDBI, said: “This Competency Challenge reflects IsDBI’s commitment to fostering innovation and developing talent at the intersection of AI and Islamic finance. The quality of the solutions presented demonstrates the potential of emerging technologies to address real-world challenges and contribute to a more inclusive and impactful Islamic finance ecosystem.”

The challenge showcased how emerging technologies – including AI, blockchain, and advanced analytics – can transform Islamic finance by:

  • Enhancing the efficiency of Zakat and social finance systems
  • Ensuring fair and transparent distribution of funds
  • Strengthening trust in digital financial ecosystems
  • Supporting underserved and vulnerable populations

Participants demonstrated practical approaches to solving real-world problems, reinforcing the role of innovation in building a more inclusive and ethical financial future.

The challenge forms part of IsDBI’s broader efforts to promote innovation, capacity development, and the responsible adoption of emerging technologies across the Islamic finance industry.

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

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About the IsDB Institute:
The Islamic Development Bank Institute (IsDBI) is the knowledge beacon of the Islamic Development Bank Group. Guided by the principles of Islamic economics and finance, the IsDB Institute leads the development of innovative knowledge-based solutions to support the sustainable economic advancement of IsDB Member Countries and various Muslim communities worldwide. The IsDB Institute enables economic development through pioneering research, human capital development, and knowledge creation, dissemination, and management. The Institute leads initiatives to enable Islamic finance ecosystems, ultimately helping Member Countries achieve their development objectives.
More information about the IsDB Institute is available on https://IsDBInstitute.org/ 

SARS announces 2026 filing season dates

Source: Government of South Africa

SARS announces 2026 filing season dates

South African Revenue Service (SARS) Commissioner Dr Johnstone Makhubu has announced that the 2026 tax filing season will commence on 1 July, starting with the auto assessment period.

SARS will begin with an Auto Assessment period from 1 to 12 July 2026 for taxpayers with less complex tax matters and whose information has been fully provided by employers and other third-party data providers.

“While today’s launch marks the continuation of the filing season communication campaign, filing season does not open to everyone at the same time,” Makhubu said during a media briefing in Pretoria on Thursday.

The Auto Assessment period will be followed by the broader filing period, from 13 July to 23 October 2026, for provisional and non-provisional taxpayers who must submit returns.

Provisional taxpayers have until 22 January 2027 to file their returns.  

The Commissioner explained that the phased approach will help manage taxpayer flows, reduce unnecessary pressure on service channels, and provide certainty about when each taxpayer should act.
“Taxpayers are urged not to come to SARS’s Service Centres during the Auto Assessment period. This year, SARS expects to issue approximately six million Auto Assessments during this period.

“Our point of departure this year is our recognition that behind every tax number is a person trying to get it right while managing the pressures of daily life. With that in mind, SARS encourages taxpayers to do a pre–Filing Season health check by confirming that their personal details, banking particulars, contact information, and tax affairs are up to date,” Makhubu said.

He added that a closed bank account, missing third-party data submission, or an outstanding return from a previous year can all delay an otherwise smooth outcome. 
“By resolving these matters early through SARS’s digital channels, taxpayers place themselves in the best position for a seamless Filing Season experience. 

“If you are chosen for Auto Assessment, like millions of other taxpayers, wait for a notification from SARS to see if you are part of that population. By using third-party data, SARS can reconcile and automatically assess these taxpayers,” the Commissioner said.

Taxpayers who receive an SMS, email, or other SARS notification indicating they have been auto-assessed are urged not to visit SARS Service Centres unnecessarily.

“If they are satisfied that the information reflected is complete and correct, they do not need to do anything — tax just happens for them. SARS will process the outcome accordingly, and if a refund is due and all details are in order, it will be issued within 72 hours. This is the convenience SARS is building into the tax system, with fewer forms, less manual intervention, and a more seamless experience for compliant taxpayers whose information is already available to SARS,” he said.

Makhubu said SARS has implemented robust systems and capacity upgrades to handle high volumes, with a virtual “waiting room” in place on eFiling and the SARS MobiApp to manage volume surges.
If too many users log in simultaneously, some will be held briefly in a secure queue to keep systems running smoothly. 

SARS’s Contact Centres and Service Centres are also fully staffed to provide support when needed, with normal weekday hours (08:00–16:00). 

“There is no need for taxpayers to take a day off work or take a taxi to visit a SARS Service Centre. Taxpayers are encouraged to use enhanced digital channels first before considering a visit to a SARS Service Centre,” he said.

Where taxpayers need to visit a Service Centre, they can book an appointment online via the SARS website; by calling 0800 00 7277 and selecting option 0; or by sending an SMS to 47277 with “Booking” followed by an ID or passport number.

Although taxpayers are encouraged to book appointments before visiting a Service Centre, those without appointments will be served after those who have booked.

Makhubu stressed that tax compliance is both a legal obligation and a civic duty, as it enables the building of a capable state that funds the public services and infrastructure on which South Africans rely.

“We understand that Filing Season involves more than just deadlines and forms; it is about creating certainty, reducing unnecessary effort, and assisting taxpayers in complying in a manner that is easier, faster, and more seamless. 

“SARS last year paid more than R35 billion during Filing Season. If there is a refund, it will be paid within 72 hours if all is in order. I wish to urge taxpayers to be truthful in their declaration,” he said. –SAnews.gov.za

 

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Islamic Corporation for the Insurance of Investment and Export Credit’s (ICIEC) EUR 150 Million Cover Supports Landmark Motorway Project Driving Regional Connectivity and Sustainable Economic Development in Türkiye

Source: APO

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) (https://ICIEC.IsDB.org), a Shariah-based multilateral credit and political risk insurer and member of the Islamic Development Bank Group, is pleased to announce its support for the financing of the Kınalı–Malkara section of the Kınalı–Tekirdağ–Çanakkale–Savaştepe Motorway Project in the Republic of Türkiye. The transaction was signed on the sidelines of the IsDB Group 2026 Annual Meetings, held in Baku, Azerbaijan, from 16 to 19 June 2026.

The EUR 150 million financing facility was arranged by Standard Chartered on behalf of a pool of banks involving Standard Chartered, DZ Bank AG, and ING Bank. ICIEC provides 95% insurance cover through its Non-Honouring of Sovereign Financial Obligations (NHSFO) Policy, supporting a strategic transport infrastructure project developed by Çanakkale Otoyol ve Köprüsü İnşaat Yatırım ve İşletme A.Ş.

The Kınalı–Malkara Motorway forms a key segment of Türkiye’s wider Kınalı–Tekirdağ–Çanakkale–Savaştepe Motorway corridor. Once completed, the project is expected to reduce travel times, improve journey reliability, lower transport costs, and strengthen connectivity across the Thrace region and beyond. The motorway is also expected to support regional economic development by improving the movement of goods and people, enhancing industrial and agricultural logistics, attracting investment, and creating employment opportunities across transportation, logistics, construction, tourism, and related sectors. By diverting traffic from existing roads and populated areas, the project will also help reduce congestion and improve road safety.

Commenting on the transaction, Dr. Khalid Khalafalla, Chief Executive Officer of ICIEC, said: “Strategic transport infrastructure is a catalyst for economic transformation. Through this transaction, ICIEC is helping unlock long-term financing for a project that will strengthen regional connectivity, facilitate trade, improve logistics efficiency, and create new opportunities for businesses and communities across Türkiye. We are proud to support an initiative that not only enhances mobility but also contributes to sustainable economic development and regional competitiveness. The signing of this agreement during the IsDB Group Annual Meetings in Baku further underscores the value of partnership in delivering tangible development outcomes.”

Distributed by APO Group on behalf of Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC).

Contact:
Email: ICIEC-Communication@isdb.org

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About ICIEC:
As a member of the rated Islamic Development Bank (IsDB) Group, ICIEC commenced operations in 1994 to strengthen economic relations between OIC Member States and promote intra-OIC trade and investments by providing risk mitigation tools and Shariah-compliant financial solutions. The Corporation is the only Islamic multilateral insurer in the world. ICIEC has led in delivering a comprehensive suite of solutions to companies and stakeholders across its 51 Member States. For the 18th consecutive year, ICIEC maintained an “Aa3” insurance financial strength credit rating from Moody’s, ranking the Corporation among the top tier of the Credit and Political Risk Insurance (CPRI) industry. Additionally, S&P has reaffirmed ICIEC’s “AA-” long-term Issuer Credit and Financial Strength Rating for the third consecutive year, with a Stable Outlook. ICIEC’s resilience is underpinned by its sound underwriting practices, a robust global reinsurance network, and strong risk management policies. Cumulatively, ICIEC has insured more than USD 138 billion in trade and investment. ICIEC’s activities span several key sectors, including energy, manufacturing, infrastructure, healthcare, and agriculture.

For more information, Visit: https://ICIEC.IsDB.org

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Qatar Welcomes Signing by US and Iran of MoU on Addressing Outstanding Issues

Source: Government of Qatar

Doha | June 18, 2026

The State of Qatar welcomes the electronic signing by the United States of America and the Islamic Republic of Iran of the Memorandum of Understanding (MoU) on addressing outstanding issues between them, including the cessation of military operations and ensuring freedom of navigation in the Strait of Hormuz. Qatar considers this a renewed affirmation of the two sides’ commitment to resolving their differences through negotiation and peaceful means as well as to enhancing prospects for sustainable peace and economic growth at both the regional and international levels.

The Ministry of Foreign Affairs reiterates Qatar’s full appreciation of the partnership and efforts undertaken by the Islamic Republic of Pakistan and all regional and international parties to de-escalate tensions and bridge the gaps in viewpoints, culminating in the signing of this memorandum.

The Ministry emphasizes that the MoU represents a solid foundation for moving forward with the next phase of talks between the American and Iranian sides, calling upon all parties to maintain a positive spirit, good offices, and joint coordination to ensure comprehensive and sustainable outcomes.

The Ministry affirms Qatar’s continued full support for all good offices and endeavors aimed at enhancing regional security and stability, and reaching sustainable solutions to outstanding issues through dialogue and peaceful means, in accordance with the principles of international law and good neighborliness, and contributing to opening new horizons for cooperation, development and prosperity, and achieving the common interests of the peoples of the region and the world.

La Société islamique d’assurance des investissements et des crédits à l’exportation (SIACE) donne une couverture à hauteur de 150 millions d’euros pour un projet autoroutier majeur favorisant la connectivité régionale et le développement économique durable en République de Türkiye

Source: Africa Press Organisation – French

La Société islamique d’assurance des investissements et des crédits à l’exportation (SIACE) (https://ICIEC.IsDB.org), assureur multilatéral conforme à la Charia spécialisé dans l’assurance du crédit et des risques politiques, et membre du Groupe de la Banque islamique de développement (BID), a le plaisir d’annoncer son soutien au financement du tronçon Kınalı–Malkara du projet autoroutier Kınalı–Tekirdağ–Çanakkale–Savaştepe en République de Türkiye. La transaction a été signée en marge des Assemblées annuelles 2026 du Groupe de la BID, organisées à Bakou, en Azerbaïdjan, du 16 au 19 juin 2026.

Le financement de 150 millions d’euros a été arrangé par Standard Chartered agissant pour le compte d’un pool bancaire incluant Standard Chartered, DZ Bank AG et ING Bank. La SIACE fournit une couverture d’assurance à hauteur de 95 % au titre de sa Police d’assurance du Non-Respect des Obligations Financières Souveraines (NHSFO), soutenant ainsi un projet stratégique d’infrastructure de transport développé par Çanakkale Otoyol ve Köprüsü İnşaat Yatırım ve İşletme A.Ş.

L’autoroute Kınalı–Malkara constitue un segment clé du corridor autoroutier plus vaste Kınalı–Tekirdağ–Çanakkale–Savaştepe de la République de Türkiye. Une fois achevé, le projet devrait réduire les temps de trajet, améliorer la fiabilité des déplacements, diminuer les coûts de transport et renforcer la connectivité dans la région de Thrace et au-delà. Il devrait également contribuer au développement économique régional en facilitant la circulation des personnes et des marchandises, en améliorant la logistique industrielle et agricole, en attirant davantage d’investissements et en créant des opportunités d’emploi dans les secteurs du transport, de la logistique, de la construction, du tourisme et d’autres secteurs connexes. En détournant une partie du trafic des routes existantes et des zones densément peuplées, le projet contribuera également à réduire la congestion routière et à améliorer la sécurité des usagers.

Commentant cette transaction, Dr Khalid Khalafalla, Directeur général de la SIACE, a déclaré : « Les infrastructures de transport stratégiques constituent un puissant levier de transformation économique. Grâce à cette opération, la SIACE contribue à mobiliser des financements à long terme pour un projet qui renforcera la connectivité régionale, facilitera les échanges commerciaux, améliorera l’efficacité logistique et créera de nouvelles opportunités pour les entreprises et les communautés à travers la République de Türkiye. Nous sommes fiers de soutenir une initiative qui améliore non seulement la mobilité, mais contribue également au développement économique durable et au renforcement de la compétitivité régionale. La signature de cet accord à l’occasion des Assemblées annuelles du Groupe de la BID à Bakou illustre une nouvelle fois l’importance des partenariats dans la réalisation d’impacts concrets en matière de développement. »

Distribué par APO Group pour Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC).

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À propos de la SIACE :
En tant que membre du groupe de la Banque islamique de développement, bénéficiant d’excellentes notations financières, la Société islamique d’assurance des investissements et des crédits à l’exportation (SIACE) a commencé ses opérations en 1994 afin de renforcer les relations économiques entre les États membres de l’Organisation de la coopération islamique (OCI) et de promouvoir le commerce ainsi que les investissements intra-OCI, grâce à des instruments d’atténuation des risques et à des solutions financières conformes aux principes de la Charia. La Société est le seul assureur multilatéral islamique au monde. Elle a joué un rôle de premier plan en proposant une gamme complète de solutions aux entreprises et aux parties prenantes de ses 51 pays membres. Pour la 18ᵉ année consécutive, la SIACE a conservé sa note de solidité financière « Aa3 » attribuée par Moody’s, la classant parmi les leaders du secteur de l’assurance-crédit et des risques politiques. Par ailleurs, S&P a confirmé la note « AA- » pour la troisième année consécutive, avec des perspectives stables. La résilience de la SIACE repose sur une souscription solide, un réseau mondial de réassurance et des politiques rigoureuses de gestion des risques. Au total, la SIACE a assuré plus de 138 milliards USD de transactions commerciales et d’investissements, couvrant des secteurs clés tels que l’énergie, l’industrie manufacturière, les infrastructures, la santé et l’agriculture.

Pour plus d’informations, veuillez visiter : https://ICIEC.IsDB.org

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