Moroccan banks lower interest rates for SMEs
In implementation of King Mohammed VI’s instructions to make the banking system conducive to development, a program was unveiled by the central bank, the Ministry […]
SMEs
AfDB okays $8 million loans to Kenyan SMEs
In Kenya, local financial institution, Credit Bank, has received about $8 million from the African development bank (AfDB) to support lending to small and medium-sized […]
IFC gives BOA $60M to support SMEs in 8 African countries
The International Finance Cooperation, a member of the World Bank Group, announced earlier this week a $60 million investment in a regional risk-sharing facility to […]
French PM Valls Tours Togo, Ghana & Côte d’Ivoire
French Prime Minister Manuel Valls over the weekend toured Togo, Ghana and Cote d’Ivoire to reassure countries that “have felt forgotten” by France over the […]
Ecobank Gets $310 mln Loan from AfDB
The African Development Bank (AFDB) has approved a $310 million trade finance loan for Ecobank Transnational incorporated, parent company of the Ecobank Group, Africanews reported […]
Nigeria Inks 550MW Power Purchase Agreement
The federal government of Nigeria this weekend signed a power purchasing agreement (PPA) with Kingline, a new power generation firm with Nigerian and South Korean […]
Egypt: Sisi Champions Youth Economic Development
Egyptian President Wednesday urged his cabinet to support youth entrepreneurial projects as he launched the country’s vision for 2030. At a conference attended by his […]
EBRD Supports Small Businesses & Trade in Egypt
The European Bank for Reconstruction & Development (EBRD) has lent $ 140 million to Egypt’s QNB Al Ahli to support small businesses and trade activities […]
Egypt created 136,000 job opportunities with EGP 76.5Bln in past 10 months
Egypt’s Minister of Industry and Foreign Trade, Mounir Fakhry Abdel Nour announced on Wednesday that EGP 76.5 billion has been pumped into the industrial sector […]
Algeria: tax exemption to promote agriculture
Algeria is planning to increase the scope of its tax exemptions for certain domains and regions in its 2014 budget. The decision is in line […]