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 […]
The euro surged to a new historic high on Algeria’s black market in November, trading at up to 27,450 dinars for a 100-euro note, marking a deepening pressure on the informal currency exchange system. Buyers are offering between 27,050 and 27,150 dinars, widening the gap between buying and selling rates, Algerian outlet Maghreb Emergent reported. […]
Maroc PME plans to launch new programs targeting very small, small, and medium enterprises as part of a new framework announced by the Ministry of Economic Inclusion, Small Enterprise, Employment, and Skills. Alaoui Ismaili, President of Maroc PME, has detailed the changes and advantages that the new Responsible SME Label from CGEM will bring to […]
