Arab league

West Africa: IFC, Orange Bank Africa ink partnership deal to increase digital lending for Small Businesses

The International Finance Corporation (IFC), the World Bank’s arm for the development of the private sector in developing countries, has signed a partnership agreement with Orange Bank Africa (OBA), Orange Group’s digital bank, to “enable the smallest businesses in West Africa to access the financing they need to grow”. As part of the deal signed […]

Sahel bloc accelerates plans for regional bank

Finance and economy ministers from the Alliance of Sahel States (AES) have agreed to fast-track the launch of a new regional financial institution aimed at bolstering economic sovereignty and reducing dependence on external donors, following their exit from regional bloc Ecowas. In a recent meeting in Niamey, officials from Burkina Faso, Mali, and Niger reached […]

Morocco: Gradual return of residents to Ksar El Kebir after floods

Moroccan authorities have organized a gradual return of residents evacuated from Ksar El Kébir after severe flooding recently hit the northwestern provinces of the country. The operation follows the Interior Ministry’s announcement that improved weather conditions now allow for a safe, supervised return to affected neighborhoods. Local and provincial authorities in Larache, working alongside units […]