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Libyan Parliament Advances Bid for Pan-African Parliamentary Leadership

On Sunday, April 19, the Second Deputy Speaker of the House of Representatives, Misbah Douma, convened a high-level meeting with the Chairman of the Foreign Affairs and International Cooperation Committee, Yousef Al-Aqouri, and Member of Parliament Yousef Kamoud Al-Fakhri. Senior officials, including the Head of the House’s Office, Rasmi Balrouin, and the Director of the […]

Morocco: Al Amana Microfinance gets $8 Mln funding from IFC to encourage women in business

The International Finance Corporation provides al Amana Microfinance, one of Morocco’s largest micro lenders, $8 Million loan to support smaller businesses, especially those run by women. Under the partnership agreement sealed Wednesday, al Amana will use the money to extend its reach to more micro-entrepreneurs and informal enterprises. At least half of the proceeds will […]

Egypt Strives to Attract Foreign Investment

The Egyptian government is putting the final touches on new foreign direct investment (FDI) council to be launched very soon in a bid to drain more foreign capital needed by the North African country to support its battered economy. President Abdel Fatah al-Sisi has given green light for setting up a Higher Council for Investment. […]