ICIEC, a Shariah-based multilateral insurer and member of the IsDB Group, has been named the “Insurance Adviser of the Year – Africa” at the IJInvestor Awards 2024 for its impactful initiatives in Africa. The recognition highlights ICIEC’s support for ESG projects in Côte d’Ivoire and off-grid solar streetlamp installation in Senegal, aligning with sustainable development goals. Dr. Khalid Khalafalla emphasizes ICIEC’s commitment to transformational development and resilience-building in member states through Shariah-compliant insurance solutions.
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Lesotho factory that made Trump shirts hard hit by US tariffs
A garment factory in Lesotho faces potential shutdown due to a 50% tariff imposed by the US, which has already led to reduced working hours and pay for employees like Aletta Seleso, who struggles to support her family. The textile industry, the country's largest employer, has seen job losses, raising concerns over economic stability as the government seeks solutions to the tariff crisis. Want More Context? 🔎
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