Morocco’s central Bank has teamed up with the International Finance Corporation (IFC) to improve SMEs access to finance through the development of Supply Chain Finance (SCF), which enables both buyers and suppliers to optimize their working capital, improve cash flow, and receive early payment on invoices. An agreement has been sealed lately between Bank Al-Maghrib […]
Libya’s state National Oil Corporation (NOC) confirmed Sunday the resumption of production at its Sharara oil field, south of the country, while production is still blocked since January at Libya’s main eastern oilfields under the control of Khalifa Hafter’s forces. NOC said that production restarted after lengthy negotiations to reopen the Hamada valve, which had […]
Policemen arrested on Wednesday two brothers in Meknes for their alleged involvement in the illegal transfer of funds to Moroccan fighters in Syria and Iraq, National Police (DGSN) said Saturday in a statement. Investigations revealed that the two suspects had opened bank accounts to receive funds that they transfered to fighters in Syria and Iraq […]
