EBRD Contributes €15 Mln to Support SMEs in Morocco, Tunisia & Egypt

The European Bank for Reconstruction & Development (EBRD) is supporting small and medium-sized businesses in Morocco, Tunisia & Egypt with a €15 million equity investment in the first close of Mediterrania Capital III LP (MC III), which could increase up to €35 million in subsequent closings. This is the third fund of Mediterrania Capital Partners, […]

China gives Mauritania 10billion for development

China and Mauritania have signed an agreement to finance development projects in the latter up to the tune of 10.7 billion Ouguiyas. Of this amount, 4.871 billion ouguiyas will be in the form of a non-refundable donation while 5.845 billion ouguiyas will be given as a loan without any interest. The Minister of Economic Affairs […]

Niger: About 75 Boko Haram terrorists killed – Defense Ministry

The Sahel state of Niger, which has been battling a bloody jihadist insurgency, said Wednesday around 75 Boko Haram combatants had been killed in the southeast and in neighboring Nigeria, reports AFP. Niger’s defense ministy said the 75 Boko Haram militants were killed in two separate operations by a regional anti-jihadist force in the country’s […]