A high profile delegation of the Africa Islamic Economic Foundation (AFRIEF), Tamale, Ghana comprising Mr Baba Yunus Muhammad, President, Engr. Moshood Ojutiku, Vice-President- Infrastructure, and Ms Rashidat I. Bakare, Country Representative – Nigeria, has paid a courtesy visit to the Country Gateway Office of the Islamic Development Bank (IDB) Group in Abuja, the capital of the Federal Republic of Nigeria on the 8th of February, 2017.

The delegation was received by Mr Abdullahi Kiliaki, the Resident Representative of the IDB Group in Nigeria, who was supported by his top management team, Mr Mayoro Niang, Operations Portfolio Manager, Mr Sabiu Auwal, Agricultural Economist, Mr Ali Alhaji Adam, Project Procurement Analyst, Mr Nasir Yakubu, Water and Sanitation Specialist.

As part of the knowledge sharing session, the AFRIEF team provided an overview of AFRIEF’s work and activities in Africa in Islamic finance and economics. Observing that finance is a dynamic device in modern economies and an important catalyst and driver of economic growth and development in both developed and developing countries, Mr Baba Yunus Muhammad noted that Islamic finance has considerable potential to become an important catalyst in Africa’s economic growth and development, as well as the potential to facilitate innovation and support the commitment of the various African Governments’ towards economic diversification.

The discussions which were held during the visit generally sought to enforce stronger collaborative relationship between IDB and AFRIEF and its partner organisations in Nigeria, to foster Islamic finance professional and project development services in Nigeria; and to work collaboratively to develop the capacities of Nigerian higher educational institutions, organizations, governments and private sector entities to solve major economic development challenges that require Islamic economics and finance and innovation for their amelioration. This may include training for practitioners, policy makers, symposium, seminars and conferences organised in Nigeria.

Commenting on the visit, Mr Ali Kiliati said: “The visit of AFRIEF delegation would serve as a constructive platform to share our expertise in the Islamic financial and project development domains. The meeting has also offered us an opportunity to articulate our mutual commitment to strengthening bilateral synergies and promoting Islamic finance in Nigeria for the benefit of Nigeria’s public sector institutions and business communities”.

AFRIEF Media Unit

12th February, 2017.

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