European Commission

Morocco partners with IFC to bolster supply chain financing

Morocco’s central Bank has teamed up with the International Finance Corporation (IFC) to improve SMEs access to finance through the development of Supply Chain Finance (SCF), which enables both buyers and suppliers to optimize their working capital, improve cash flow, and receive early payment on invoices. An agreement has been sealed lately between Bank Al-Maghrib […]

Tunisia reveals financial acquisition plans

Huge financial challenges lie ahead according to Finance Minister Slim Besbes with estimations pegged around 7 billion dinars. The country is struggling to stand on its feet and it is hoping to raise the amount through loans and aids. The economy and revenue earning ventures are suffering from the effects of the revolution and the […]

Panic in Algiers, Tindouf as US pushes peace deal, backs autonomy plan

Under mounting pressure ahead of what diplomats describe as a “historic vote” at the UN Security Council later this month, Algeria and its proxy, the Polisario Front, are scrambling to project an image of flexibility. The separatist group announced a so-called “expanded proposal” for a political solution to the Sahara conflict, a move widely seen […]