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Tag: SMEs
AfDB invests $11m in Luxemburg-based BluePeak Private Capital Fund for SME in Africa
The African Development Bank, AfDB, has made equity investment worth $11 million in Luxemburg-based BluePeak Private Capital Fund to support mid-size firms, including in the ... Read More
Egypt: Launch of Erada microfinance to provide financial services to SMEs
The Sovereign Fund of Egypt (TSFE) and Etisalat Egypt have launched Erada Microfinance to provide access to a wide range of financial services to micro ... Read More
Morocco: Moves to facilitate SMEs’ access to capital market
A memorandum of understanding to facilitate the access of small and medium-sized enterprises (SMEs) to the capital market was signed on Wednesday in Casablanca. The ... Read More
Morocco: AfDB approves €120 million loan to support entrepreneurs, SMEs, stimulate recovery
The Board of Directors of the African Development Bank (AfDB) on Wednesday in Abidjan approved a €120 million loan to Morocco to implement the country's ... Read More
AfDB launches transaction guarantee to support SMEs, trade in Africa
The African Development Bank, through its Financial Sector Development’s Trade Finance operations, has launched a Transaction Guarantee instrument designed to provide up to 100% cover ... Read More
EIB supports Moroccan SMEs hit by Covid-19 with €60 Mln funding
The European Investment Bank (EIB) has provided Moroccan CIH Bank with a €60 million funding destined to support SMEs affected by the global health crisis ... Read More
EIB: Morocco received €617 Mln in 2020 to support health sector, SMEs & agribusiness
The European investment bank provided Morocco last year with €617 million to support the Kingdom’s response efforts to covid-19, the private sector, SMEs and agricultural ... Read More
EBRD supports Morocco’s SMEs with a €40 Million Loan to CaixaBank
The European Bank for Reconstruction and Development (EBRD) is supporting small businesses in Morocco to withstand the coronavirus pandemic impact with a €40 million loan, ... Read More
COVID-19: Over half Moroccan enterprises have ceased operations – HCP study
Morocco’s high commission for planning issued bleak figures on the impact of coronavirus, which pushed 142,000 companies to halt activity, forcing 700,000 to temporary or ... Read More
Covid-19: EBRD supports Morocco’s response efforts with €145 Mln funding
The European Bank for Reconstruction and Development (EBRD) announced on Tuesday a €145 million financing facility to Moroccan Bank of Africa (BMCE Group) to support ... Read More