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12
Aug

AACID launches the first green Sukuk in Sudan

Arab African Company for Investment and Development (AACID) launches the  first Green Sukuk by its subsidiary Nahda Company (AACID subsidiary) in partnership with Bank of Khartoum. The program aims to encourage investments in green or sustainable projects through the development of green Islamic finance markets initially in Sudan, and subsequently, in the region. The $11.3 million (4.75 billion Sudanese pounds)

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12
Aug

AACID and NOKIA Networks have won the swap of MTN Sudan network – both 2G and 3G, in various regions around Sudan.

Arab African Company for Investment and Development (AACID) & NOKIA Networks embarks on a joint project to partially swap telecommunication equipment’s in more than 859 sites around Sudan, for MTN Sudan starting in 2019. Beside the swap the deal covers future network during the next five-years and maintenance services. The network swap planned to be completed during 2019. Implementation service

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