The African Development Bank Group, AfDB, has greenlighted a partial credit guarantee of $345 million to Egypt for the financing of green and social projects, reports say. Egypt expects to use the credit guarantee to raise the equivalent of $500 million in the Chinese Yuan denominated Panda Bond market, issued by foreign borrowers, Egypt Today […]
Local Mauritanian media reported that Morocco might be preparing for a mediation to unlock the political crisis in Gambia that was triggered after President Yahya Jammeh refused to accept his election defeat. Nasser Bourita, the Kingdom’s minister delegate of foreign affairs is reportedly present in the Mauritanian capital, Nouakchott, Mauritanian media outlet Alakhbar said. The […]
Moroccan public financial institution, Caisse Centrale de Garantie (CCG) has received the 2019 award of Best SME Bank in Africa at the 5th SME Finance Forum held in Amsterdam Oct. 7-9. The award of the International Finance Corporation (IFC) recognizes the most active financial institutions in terms of SMEs financial inclusion, particularly in Africa and […]
