magreb

IFC to invest $100m in private green bond in Egypt to boost financing of climate-smart projects

The International Finance Corporation, IFC, a member of the World Bank, will invest $100 million in the first private sector green bond in Egypt, to help fund climate-smart projects, alleviate greenhouse gas emissions, and support Egypt’s shift to a greener economy, the institution said in a statement. The bond, the first by the private sector, […]

Hassan II Fund for Economic & Social Development offers $210 million to promote entrepreneurship

Hassan II Fund for Economic and Social Development has offered $210 million (2 billion Dirhams) as a contribution to the integrated program to support funding of enterprises. A ceremony was chaired in this regards by King Mohammed VI in a series of measures taken recently to promote the creation of small and medium sized enterprises […]

Chad denies alleged support for belligerents in Sudan

The Chadian government has brushed aside reports that Ndjamena is backing up the Sudanese army in the ongoing internal conflict opposing it to the paramilitary group, Rapid Support Force (RSF). The Foreign ministry of the central African country has issued a statement in response to media reports citing a diplomatic source that the transitional government […]