argentina

Countdown starts for launch of PSA Peugeot Kenitra factory

French automaker PSA Peugeot is undertaking the final touches before starting production in its Kenitra factory, worth €557 million. Head of the Central Bank had said that the factory will open by mid-2019. Peugeot’s CEO Carlos Tavares will attend the opening of the state-of-the-art factory, which will mark the return for the company’s production in […]

EBRD to approve new $100 mln loan for Banque Misr to finance MSMEs

The European Bank for Reconstruction and Development (EBRD) is set to approve by end of May a $100 million loan program to Banque Misr, under the Financial Intermediaries Framework (“FIF”), to finance micro, small, and medium enterprises (MSMEs). The program, according to the EBRD website, will support BM’s lending to private MSMEs in Egypt, where […]

Tunisia launches probe into death of two people in train derailment

Tunisia’s State-run company managing railways, SNCFT, launched Wednesday an investigation into the death of two people after a train went off track near M’saken train station, north-East of the country. A passenger train bound for the coastal city of Gabes derailed early Wednesday near M’saken station in the governorate of Sousse. The accident killed two […]