IFC to help Crédit du Maroc Bank facilitate development of SMEs, women’s entrepreneurship, green projects

The International Finance Corporation (IFC) will help Crédit du Maroc Bank facilitate the development of small and medium-sized enterprises (SMEs), women’s entrepreneurship, and green projects with a $100 million financing package. This agreement is in line with IFC’s strategy in Morocco, which aims to support private sector-led economic growth and job creation by promoting the […]

Libya: Rebels announce end of oil siege

New hopes of reaching an agreement with the rebels overseeing the eastern part of Libya have emerged after Ibrahim Jathran, a rebel group leader, revealed that major progress has been made in negotiations with the authorities in Tripoli. The agreement could be finalized within the next following days if “all national thinking” and “all honorable” […]

France moves to streamline return of looted African art under new restitution bill

In a landmark move, the French government has unveiled a new bill aimed at simplifying the return of cultural artifacts taken during the colonial period. Introduced by Culture Minister Rachida Dati, the legislation would allow items looted between 1815 and 1972 to be returned by government decree, bypassing the need for time-consuming parliamentary votes. The […]