BMCE Bank International teams up with IFC to support inter-African trade

Morocco’s BMCE Bank International Plc UK has sealed a $150 million partnership with the International Finance Corporation to bolster cross-border trade in Africa and prevent shortages of essential goods, including grains and building materials amid the Covid-19 crisis. Under the agreement announced Wednesday, IFC will enter into a risk-sharing facility with BMCE Bank International, a […]

Morocco: USAID & GiveDirectly NGO support agricultural cooperatives with $4 Mln Funding

U.S. Agency for International Development and the International NGO GiveDirectly are providing an additional $4 million to support Moroccan agricultural cooperatives suffering from recent economic shocks, including the Covid-19 pandemic, drought, inflation, and a global food crisis sparked by the Russia-Ukraine crisis. At the end of September, the U.S. Congress approved $2 million for a […]

Tunisia’s Parliament speaker vows good ties with media after ban on the first plenary

Brahim Bouderbala, the new Speaker of Tunisia’s brand new legislature, pledged Monday to re-affirm press freedom and good ties with journalists, even though state banned private and international media outlets to cover the first plenary of lawmakers elected during December 17 unpopular legislatives. Tunisians authorities barred private and international media to the first plenary of […]