Sudan peacekeepers

EBRD Contributes €15 Mln to Support SMEs in Morocco, Tunisia & Egypt

The European Bank for Reconstruction & Development (EBRD) is supporting small and medium-sized businesses in Morocco, Tunisia & Egypt with a €15 million equity investment in the first close of Mediterrania Capital III LP (MC III), which could increase up to €35 million in subsequent closings. This is the third fund of Mediterrania Capital Partners, […]

Ukraine’s top diplomat in Senegal to bolster ties

Dmytro Kuleba, Ukraine Foreign Minister arrived in Senegal Monday for a two-day visit to bolster ties with the Western African country amid ongoing crisis with neighboring Russia. “We will review our cooperation and discuss President Macky Sall’s commitment on behalf of the African Union [AU] to the return of peace in his country and its […]

Morocco’s Central Bank gearing up digital currency

As many Western societies are going paperless and cashless, several central banks across the world started testing digital money to assess the risks and benefits of cryptocurrency, a global market spurred by Covid-19 restrictions in emerging economies particularly in Africa and Asia. Sensing the growing importance of decentralized digital currency with the evolution of Information […]