Morocco offers subordinated debt to encourage private investors

Morocco’s Mohammed VI Investment Fund and Moroccan banks (GPBM) signed a deal to allow private investors access to subordinated debt. The fund said it will allocate 4 billion dirhams to this financing mechanism that will be available starting from April. The new launched subordinated debt targets enterprises with a capitalization of 5 to 500 million […]

Lebanon: World Bank official urges for reforms in Lebanon  

Eric Le Borgne, lead economist at the World Bank, has urged Lebanese policy makers to focus on the country’s longstanding and worsening structural challenges because they are becoming more binding if the international ranking among key investment climate assessments is taking into consideration. Regional conflicts and the influx of refugees increased pressure on the country’s […]

AfDB pioneers carbon markets facility to propel climate finance

In a decisive stride towards climate resilience, the African Development Bank (AfDB) announced plans to establish a dedicated Carbon Markets Support Facility aimed at galvanizing carbon finance across Africa. Recognising the continent’s disproportionate vulnerability to climate change-induced disasters, this pioneering initiative seeks to unlock new streams of investment by formalizing and scaling carbon credit trading. […]