Author: admin

  • “Trump’s unfounded attack on Cyril Ramaphosa was an insult to all African”-President John Dramani Mahama

    If we want to solve injustices in Africa today, we cannot forget the injustices that shaped our shared history
     
    The meeting at the White House between Donald Trump and the South African president, Cyril Ramaphosa, was, at its heart, about the preservation of essential historical truths.
     
    The US president’s claims of white genocide conflict with the actual racial persecution and massacres that took place during the two centuries of colonisation and nearly 50 years of apartheid in South Africa.

    It is not enough to be affronted by these claims, or to casually dismiss them as untruths. These statements are a clear example of how language can be leveraged to extend the effects of previous injustices.

    This mode of violence has long been used against Indigenous Africans. And it cannot simply be met with silence – not any more.

    The Kenyan writer Mzee Ngũgĩ wa Thiong’o wrote: “Language conquest, unlike the military form, wherein the victor must subdue the whole population directly, is cheaper and more effective.”

    African nations learned long ago that their fates are inextricably linked. When it comes to interactions with the world beyond our continent, we are each other’s bellwether.

    In 1957, the year before my birth, Ghana became the first Black African country to free itself from colonialism. After the union jack had been lowered, our first prime minister, Dr Kwame Nkrumah, gave a speech in which he emphasised that, “our independence is meaningless unless it is linked up with the total liberation of Africa”.

    Shortly after, in 1960, was the Sharpeville massacre in South Africa, which resulted in 69 deaths and more than 100 wounded. In Ghana, thousands of miles away, we marched, we protested, we gave cover and shelter.

    A similar solidarity existed in sovereign nations across the continent. Why? Because people who looked like us were being subjugated, treated as second-class citizens, on their own ancestral land. We had fought our own versions of that same battle.

    I was 17 in June 1976, when the South African Soweto uprising took place. The now-iconic photo of a young man, Mbuyisa Makhubo, carrying the limp, 12-year-old body of Hector Pieterson, who had just been shot by the police, haunted me for years.

    It so deeply hurt me to think that I was free to dream of a future as this child was making the ultimate sacrifice for the freedom and future of his people. Hundreds of children were killed in that protest alone. It is their blood, and the blood of their forebears that nourishes the soil of South Africa.

    The racial persecution of Black South Africans was rooted in a system that was enshrined in law. It took worldwide participation through demonstrations, boycotts, divestments and sanctions to end apartheid so that all South Africans, regardless of skin colour, would be considered equal.

    Nevertheless, the effects of centuries-long oppression do not just disappear with the stroke of a pen, particularly when there has been no cogent plan of reparative justice.

    Despite making up less than 10% of the population, white South Africans control more than 70% of the nation’s wealth. Even now, there are a few places in South Africa where only Afrikaners are permitted to own property, live, and work.

    At the entrance to once such settlement, Kleinfontein, is an enormous bust of Hendrik Verwoerd, the former prime minister who is considered the architect of apartheid.

    Another separatist town, Orania, teaches only Afrikaans in its schools, has its own chamber of commerce, as well as its own currency, the ora, that is used strictly within its borders.

    It has been reported that inside the Orania Cultural History Museum there is a bust of every apartheid-era president except FW de Klerk, who initiated reforms that led to the repeal of apartheid laws.

    Both Kleinfontein and Orania are currently in existence, and they boast a peaceful lifestyle. Why had the America-bound Afrikaners not sought refuge in either of those places?

    Had the Black South Africans wanted to exact revenge on Afrikaners, surely, they would have done so decades ago when the pain of their previous circumstances was still fresh in their minds. What, at this point, is there to be gained by viciously killing and persecuting people you’d long ago forgiven?

    According to the UN Department of Economic and Social Affairs, half of the population of South Africa is under 29, born after the apartheid era and, presumably, committed to building and uplifting the “rainbow nation”. For what reason would they suddenly begin a genocide against white people?

    Ramaphosa was blindsided by Trump with those unfounded accusations and the accompanying display of images that were misrepresented – in one image, pictures of burials were actually from Congo. Trump refused to listen as Ramaphosa insisted that his government did not have any official policies of discrimination.

    “If you want to destroy a people,” Archbishop Desmond Tutu once said, “you destroy their memory, you destroy their history.” Memory, however, is long. It courses through the veins of our children and their children.

    The terror of what we have experienced is stored at a cellular level. As long as those stories are told, at home, in church, at the beauty and barber shop, in schools, in literature, music and on the screen, then we, the sons and daughters of Africa, will continue to know what we’ve survived and who we are.

    Mzee Ngũgĩ wa Thiong’o wrote: “The process of knowing is simple. No matter where you want to journey, you start from where you are.” We journey forward with a history that cannot be erased, and will not be erased. Not while there are children dying in the mines of the Congo, and rape is being used as a weapon of war in Sudan.

    Our world is in real crisis; real refugees are being turned away from the borders of the wealthiest nations, real babies will die because international aid has been abruptly stopped, and real genocides are happening in real time all across the globe.

    SOURCE

    THE GUARDIAN ONLINE

  • ACCRA, Ghana, May 28, 2025/ — The Mining in Motion Summit (MininginMotionSummit.com) is pleased to announce the participation of Hon. Ibrahim Murtala Muhammed, Ghana’s Minister for Environment, Science, Technology and Innovation, as a speaker. Hon. Muhammed’s involvement underscores the government’s commitment to environmentally responsible mining, technological innovation and scientific advancement in the extractive sector.

    As the head of the ministry leading innovation and sustainability, Hon. Muhammed is spearheading initiatives to align mining operations with national development goals and environmental stewardship. His efforts include forging partnerships with global public and private stakeholders to implement science-based solutions and sustainable practices.

    In April 2025, the Minister met with Park Kyongsig, Ambassador of the Republic of Korea (apo-opa.co/45r33JW) to Ghana, to explore bilateral cooperation on climate change and environmental protection. Their discussions centered on leveraging Korean expertise to restore water bodies impacted by illegal mining and address the root causes of environmental degradation.

    In February 2025, Hon. Muhammed reiterated the government’s commitment (apo-opa.co/4dV4wKZ) to leveraging local innovation as a driver of economic growth, particularly within key industries like mining, which continues to play a vital role in Ghana’s economy. Gold exports reached $11.6 billion in 2024, accounting for 57% of the country’s total export revenue, highlighting the sector’s significance in national development.

    In line with modernization efforts, the government, through the Minerals Commission of Ghana (apo-opa.co/3H8AM0P), is equipping the next generation of workers with skills in emerging technologies such as drones, which are being deployed to support automation and improve sector monitoring.

    Under the World Bank-funded Ghana Landscape Restoration and Small-Scale Mining Project (apo-opa.co/4kHR9Qr), the country is actively addressing land degradation and promoting sustainable practices among artisanal and small-scale miners, ensuring mining sector contribution to economic growth and long-term environmental and social sustainability.

    At Mining in Motion, Hon. Muhammed will engage with key stakeholders from the mining industry, academia and civil society to exchange insights on policy, innovation and the future of mineral resource governance in Ghana.

    The summit, led by the Ashanti Green Initiative under the leadership of Oheneba Kwaku Duah, Prince of the Ashanti Kingdom, is hosted in partnership with the World Bank and the World Gold Council.

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

    For sponsorship opportunities or delegate participation, contact: 
    sales@ashantigreeninitiative.org

    About Mining in Motion Summit:
    Stay informed about the latest advancements, network with industry leaders, and engage in critical discussions on key issues impacting small-scale miners and medium to large scale mining in Ghana. Secure your spot at the Mining in Motion 2025 Summit by visiting www.MininginMotionSummit.com.

    SOURCE
    Energy Capital & Power

  • Development of Islamic banking in Russia possible through a dual banking system — ministry

    “It comes to the parallel functioning of the traditional and Islamic banking sectors, as has already been implemented in Malaysia, Kazakhstan, and Azerbaijan,” Deputy Economic Development Minister Dmitry Volvach said

    MINERALNYE VODY /Stavropol Region/, May 27. /TASS/. Further development of the experiment on the introduction of partnership financing, aka Islamic banking, is possible through the creation of a dual banking system in Russia, Deputy Economic Development Minister Dmitry Volvach said at the Caucasus Investment Forum (CIF).

    “One of the possible ways for further development [of partnership financing] is seen in the formation of a dual banking system, when it comes to the parallel functioning of the traditional and Islamic banking sectors, as has already been implemented in Malaysia, Kazakhstan, and Azerbaijan. Of course, this will require a serious update of the regulatory framework, a large layer of professional personnel, <…> appropriate modern digital platforms and mechanisms, integration with existing institutions,” Volvach said at the session “Partnership Financing and International Cooperation.”

    According to him, such an approach will increase the stability of the entire financial system, and also “open access to new sources of investment liquidity.”

    “Russia will be able to actively interact with OIC member states to create investment platforms, support infrastructure, environmental and social projects,” he added.

    According to the Deputy Minister, the principles of Islamic banking are in harmony with the ESG concept (environmental – ecology, social – social sphere, governance – corporate management).

    “The values of Sharia particularly emphasize fairness, ethics and sustainability, which makes Islamic financing a natural partner in the ESG transformation of the economy and in the corresponding international agenda. This creates the potential for issuing green bonds, social funds, attracting investors focused on sustainable development,” Volvach stressed.

    According to him, today partner financing represents a “strategic development reserve” that can ensure the influx of additional investment into the country’s economy in the face of external challenges and pressure.

    “Fulfilling the potential will require further consolidation of the efforts of the state and business, harmonization of legislation, digitalization of processes, integration of the global financial structure, but such an approach will certainly create a reliable foundation for further sustainable investment growth,” Volvach noted.

    The experiment on the development of partnership financing is taking place from September 1, 2023 to September 1, 2025 in Russia’s republics of Bashkiria, Tatarstan, Chechnya and Dagestan. Earlier, a bill was introduced to the State Duma, the lower house of the Russian parliament, to extend the experiment until September 1, 2028.

    Islamic banking means conducting banking activities in accordance with Islamic norms. Payment of interest and derivative interest transactions, transactions with conditions of uncertainty, as well as financing of certain sectors of the economy such as gambling, pork production, alcoholic beverages, tobacco, weapons, ammunition are banned.

    You cannot finance trade in all abovementioned areas. Common Islamic banking operations are installments, leasing, and equity financing.

    The Caucasus Investment Forum is underway in Stavropol from May 25 to 27 on the territory of the exhibition center Minvodyexpo. TASS is the information partner of the event.

    SOURCE

    RUSSIAN NEWS AGENCY

  • Nigeria Partners with Chinese Investors on Two New Lithium Processing Plants

    Nigeria is making bold moves to transform its mining sector by launching two major lithium processing plants this year, with significant backing from Chinese investors.

    According to the country’s mining minister, a $600 million facility near the Kaduna-Niger border will be commissioned this quarter, with another, a $200 million refinery near the nation’s capital, nearing completion.

    Alake also stated that there are two other plants under construction in Nasarawa, with completion expected before the third quarter. These projects aim to shift Nigeria away from raw mineral exports and toward domestic value creation, including job growth and tech development.

    The move also aligns with broader reforms targeting local processing, the formalization of artisanal mining, and increased investor participation.

    SOURCE

    Africca.com/Reuters

  • First Islamic Development Bank Institute (IsDBI) Artificial Intelligence (AI) Hackathon Showcases Innovation in Islamic Finance

    ALGIERS, Algeria, May 27, 2025/ — The Islamic Development Bank Institute (IsDBI) (www.IsDBInstitute.org) has announced the winners of the first-of-its-kind Artificial Intelligence (AI) Hackathon in Islamic Finance, organized to showcase the potential of AI-powered tools to support the progress of the global Islamic financial industry.

    The awards were announced and presented to the winners during the 19th IsDB Global Forum on Islamic Finance on 20 May 2025 in Algiers, Algeria, on the sidelines of the IsDB Group Annual Meetings.

    As the Islamic finance industry evolves to meet the demands of a dynamic global economy, the practical adoption and harmonization of Financial Accounting Standards (FAS) – particularly across jurisdictions – remains a challenge. At the same time, Artificial Intelligence is revolutionizing how financial services are designed, delivered, and governed.

    Recognizing this opportunity, IsDBI launched the AI Hackathon to explore how emerging technologies can strengthen the adoption of Islamic finance standards, particularly those issued by the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI).

    The Hackathon focused on developing AI-powered solutions that make these standards easier to implement, more accessible, and globally aligned.

    Dr. Sami Al-Suwailem, Acting Director General of IsDBI, presented the awards to the top three winners, namely:

    • First Place – Khilan Team
    • Second Place – Al Buraq Team
    • Third Place – BANKAI Team

    The winning projects stood out for their technical excellence, creative design, and potential for real-world application in the Islamic finance ecosystem.

    In his comment on this occasion, Dr. Sami Al-Suwailem, stated: “This Hackathon reflects our commitment to advancing the Islamic financial industry using state-of-the-art technologies. We are proud to support the next generation of thinkers and builders shaping the future of Islamic finance through AI.”

    The Hackathon is a pioneering initiative dedicated to applying AI in solving key challenges in Islamic financial services. It highlighted the role of AI in enhancing standardization, compliance, and innovation in the US$4+ trillion Islamic finance industry.

    The competition brought together talented students, developers, researchers, and entrepreneurs from around the world to co-create practical, Shariah-compliant digital solutions.

    The Hackathon aligns with IsDBI’s strategic objectives to drive innovation, create value through knowledge-based initiatives, and foster global impact in the Islamic finance sector.

    Learn more about the IsDBI Hackathon: https://www.IsDBI-hackathon.com/

    Distributed by APO Group on behalf of Islamic Development Bank Institute (IsDBI).
  • Afreximbank and Zep-Re launch the Trans-Africa Bond Alliance (TABA)

    Afreximbank and Zep-Re launch the Trans-Africa Bond Alliance (TABA)

    The African Export-Import Bank (Afreximbank) (www.Afreximbank.com) and Zep-Re (PTA Reinsurance Company) have  launched the Trans-Africa Bond Alliance (TABA), a transformative initiative, designed to bridge the insurance capacity gap and empower African contractors to secure more construction and procurement projects while boosting cross-border trade and enhancing the movement of goods and investment across Africa,said an official statement issued in Nairobi,Friday.

    By providing robust transit guarantee mechanisms, the joint venture between Afreximbank and Zep-Re is expected to reduce trade barriers, lower costs, and improve efficiency in the movement of goods across Africa. Moreover, TABA will promote seamless cross-border trade and the growth of trade insurance business within the continent, all within the transformative framework of the African Continental Free Trade Agreement (AfCFTA), which aims to create a single market for goods and services across 54 countries.

    By facilitating seamless transit trade, TABA will strengthen the trade insurance sector, making it easier for businesses to operate with confidence while minimising financial risks.

    Speaking at the launch, H.E Veronica M. Nduva, CBS, Secretary General of the East African Community (EAC) noted, “The East African Community has long been committed to fostering regional integration and economic development. Indeed, our two pillars of the four of establishment are a customs union and a common market.

    The establishment of TABA aligns seamlessly with our regional integration program, which aims to enhance cross border trade, reduce trade costs and promote economic growth across the continent with simplified trade regimes.”

    Africa has around 110 borders, with 16 land-locked countries relying on complex and costly trade processes. According to African Development Bank (https://apo-opa.co/42cf7vn), transport charges in some cases exceeding the value of goods being traded. With TABA, traders can transport goods from Cape Town to Cairo using a single transit bond, significantly reducing delays and cutting trade costs.

    This transformative solution enhances the efficiency of African supply chains while ensuring customs authorities receive guaranteed revenue in the event of procedural breaches.

    The establishment of TABA builds on decades of efforts to bolster intra-African trade through key financial and insurance institutions. By leveraging expertise from these institutions; Afreximbank, which is playing a critical role in trade finance and facilitation since its founding in 1993, and ZEP-RE, a leading reinsurance provider supporting trade insurance solutions across Africa,

    TABA aims to address the challenges businesses face in navigating Africa’s diverse regulatory environments. The alliance will harmonize trade practices and introduce a standardised framework that ensures secure, predictable, and efficient trade movement.
    Mr Denys Denya, Senior Executive Vice President of Afreximbank, said:

    “Today we forge a new alliance to dismantle the artificial barriers and tighten the bolts and nuts of the wheels of trade and investment flows across national borders. This couldn’t have come at any other time than now, when the pillars of global cooperation and integration are being disintegrated, and fragmentation, isolationism and protectionism have taken hold in our world.

    Through this collaboration, our goal is not to displace local operators but to boost the capacity and efficiency of interstate transit regimes, paving the way for a continental framework under the AfCFTA.”

    Ms Hope Murera, Managing Director and CEO of Zep-Re (PTA Reinsurance Company), noted during the launch the impact TABA would make in Africa trade ecosystem. She said, “Today, we are not just unveiling a new partnership—we are ushering in a new era. One that reimagines how we facilitate trade, manage risk, and support cross-border movement across our continent.

    ZEP-RE’s experience and impact through flagship regional programs demonstrates what is possible when vision meets action.  TABA represents a shared vision—a vision where Africa is connected by bridges of opportunity, not barriers”.

    TABA introduces a streamlined approach to trade facilitation by leveraging Transit Bonds, Performance Bonds, and Standby Letters of Credit (SBLCs) to guarantee the secure movement of goods. This initiative will:

    • Enhance trade efficiency by eliminating delays caused by multiple national bond requirements,
    • Boost investor confidence through a structured and transparent customs guarantee system,
    • Reduce trade costs, making African exports more competitive on a global scale,
    • Ensure compliance with customs regulations, preventing illicit trade and securing revenue for governments and
    • Expand market opportunities for African businesses by enabling smoother cross-border trade.

    Following today’s launch, key stakeholders will engage in B2B meetings and marketplace interactions to discuss strategies for implementing TABA across Africa. The alliance will also roll out an awareness campaign to educate businesses and financial institutions on the benefits and operational framework of the new system.

    Distributed by APO Group on behalf of Afreximbank.

    Media Contact:
    Vincent Musumba
    Communications and Events Manager (Media Relations)
    Email:press@afreximbank.com

    Media Contact:
    Richard Ryaganda
    Senior Communications Officer
    Email: rryaganda@zep-re.com

  • Ghana develops Data Exchange Hub to power AI for national development

    Ghana develops Data Exchange Hub to power AI for national development

    By: Ghana News Online

    Minister for Communication, Digital Technology and Innovations, Samuel Nartey George has announced that government is developing a one-stop-shop Data Exchange Hub to power Artificial Intelligence for national development.

    The Minister made the announcement in a speech read on his behalf by the CEO of the Kofi Annan ICT Centre, Dr. Collins Yeboah-Afari at the opening of the maiden Ghana AI Summit and Awards in Accra.

    The summit, organized by Knowledge Innovations in collaboration with Deloitte Ghana, was under the theme “Harnessing Artificial Intelligence for Sustainable Development: Hype or Reality?” and featured an impressive line-up of speakers and panellists who are at the forefront of AI innovation and application.

    Sam George stated that the John Dramani Mahama government is committed to making Ghana Africa’s leading AI hub by the end of its tenure.

    He however noted that Ghana’s rich and vast data resources, which are much needed to make the country an AI hub, remain locked away in silos, limiting their potential for driving innovation and economic development.

    “Large companies and institutions generate massive amount of data yet much of it remain underutilized. The problem is not lack of information but its fragmentation. Data is scattered across different systems making it difficult to integrate, analyse and extract meaningful insights from it,” he said.

    According to him, without a unified approach to data management, businesses will struggle to leverage AI and advanced analytics effectively.

    “To address this we are developing a Data Exchange Hub, which is a centralized platform designed to unify Ghana’s scattered data resources. This hub will serve as the backbone of country’s AI future, enabling seamless data access for application, data sciences and business users alike,” the Minister stated.

    Sam George argued that integrating diverse data sets into one exchange will empower decision makers with real-time data insights, streamline governance and ensure efficient data flow across all government institutions and sectors.

    This initiative, he said, will not only enhance data accessibility, but also establish a strong foundation for AI-driven innovation across industries.

    “With a well structured data ecosystem, Ghana can unlock the full potential in AI, strengthening its position as a leader in AI adoption and digital transformation on the continent,” the Minister said.

    Digitalizing 100 billion physical records

    Sam George said, in addition to building the Data Exchange Hub, government will also digitalize all analogue records across hospitals, universities, and all public institutions, adding that over the next four years the target is to digitalize at least one hundred billion physical records.

    According to him, such a massive digitalization project will ensure structured, anonymized and protected data that aligns with global data governance frameworks.

    Home-grown AI Language Models

    The Minister also noted that most western AI models were designed with a western perspective making them less effective in addressing Africa’s needs.

    He said, to bridge this gap, “we are developing home-grown AI language models tailored to the Ghanaian and African context.”

    Sam George explained that the goal is the create AI systems that understand and communicate Ghana’s local languages, ensuring that technology serves all citizens and not just those who speak English.

    He said the models being designed will be voice-based to ensure that farmers and persons who can neither read English nor their native dialects can still have AI systems speak to them in their own dialects and guide them according to their specific needs.

    “This is especially crucial for farmers and fisherfolk in rural areas who could really benefit from AI tool for precision farming, weather forecasting, market insights and resource management,” he said.

    The Minister stated that Ghana is currently presented with a great opportunity to leverage AI to accelerate its development in the areas of finance, healthcare, agriculture, education and governance, adding that making AI inclusive helps to drive sustainable development across the length and breadth of the country on the back of digital technology.

    Reviewing all Tech Sector Legislations 

    Sam George noted that to make none of the foregoing laudable goals can be achieved without a proper legal and regulatory framework that are in tune with the times.

    In that regard, he said the National AI Strategy developed in 2022 for the next decade (2023 – 2033) with the help of GIZ, was a step in the right direction. The strategy creates the framework for AI adoption and governance in the country over the period.

    But the Minister said there is the need to review that strategy as well as all industry legislations and regulations to ensure they align with national priorities.

    “Since assuming office, I have directed the review of the National AI Strategy and all relevant legislations to ensure alignment with emerging AI trends. This review covers key areas such as data governance, AI ethics, privacy protection and regulatory frameworks for fintech and digital platforms,” he said.

    The Minister believe the review of legislation and regulations will set the tone for smooth integration of fintech and other digital platforms to the Data Exchange Hub, the language models and other AI tools to drive inclusive and ethical AI innovation across the country.

    Other speakers at the event touched mainly on the need to ensure ethical innovation and application of AI tools to ensure that users are protected and not harmed by AI.

    Source:

    Ghana News Online/techfocus24.com

     

  • Africa Energy Bank Gears Up for H1 2025 Launch

    Africa Energy Bank Gears Up for H1 2025 Launch

    BRAZZAVILLE, Congo (Republic of the), March 27, 2025/ — Ahead of its H1 2025 launch, the Africa Energy Bank – developed jointly by Afreximbank and the African Petroleum Producers Organization (APPO) – is positioning itself to tackle major challenges in financing, technology and market reliability to accelerate Africa’s oil and gas sector development.

    Speaking at the Congo Energy & Investment Forum in Brazzaville, Dr. Omar Farouk Ibrahim, Secretary General of APPO, reaffirmed the launch timeframe and underscored the urgency of establishing the bank to address the continent’s energy needs.

    “We should not rest and wait for other countries to develop our own projects,” he said, adding, “At APPO, we have noted three specific challenges for the African continent: finance, technology and reliable markets.”

    With an initial capital of $5 billion, the bank has allocated $1.5 billion for APPO member countries. It will primarily finance oil and gas projects, engage in trading and manage risks.

    Countries such as Ghana, Nigeria and Angola have already expressed support for the bank’s objectives. The Republic of Congo has acquired $83.33 million in shares, reinforcing its commitment to the bank’s mission.
    Distributed by APO Group on behalf of Energy Capital & Power.

    SOURCE

    Energy Capital & Power

  • Dr. Khalid Khalafalla Appointed as Acting Chief Executive Officer of Islamic Corporation for the Development of the Private Sector (ICD)

    The Board of Directors of the Islamic Corporation for the Development of the Private Sector(ICD),the private sector arm of the Islamic Development Bank(IsDB), has approved the appointment of Dr. Khalid Khalafalla as Acting Chief Executive Officer (CEO), effective 19 March 2025

    Dr. Khalafalla brings extensive experience from his career within the IsDB Group. Since December 2024, he has been serving as CEO of the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC).

    This was contained in an official statement issued by ICD in Jeddah,Thursday.

    The Chairman of ICD’s Board of Directors, congratulated Dr. Khalafalla on his appointment and expressed the Board’s full confidence and support as he takes on this important responsibility.

    Distributed by APO Group on behalf of Islamic Corporation for the Development of the Private Sector (ICD).

    SOURCE

    Islamic Corporation for the Development of the Private Sector (ICD)