SeaExplorer

Morocco: RNI, PAM, Istiqlal join efforts in local councils

The three biggest winners of Morocco’s general and local elections said they forged an alliance in local and regional councils in a move that could draw the contours of the next government alliance. Talks have started this week after King Mohammed VI appointed head of the RNI Aziz Akhannouch as Head of the government and […]

Egypt to create 12 investment zones – Minister

Egyptian Minister of Investments and International Cooperation Sahar Nasr has announced a government plan to establish about 12 investment zones in the North African nation. According to the minister, the 12 investment zones will attract investments worth LE78 billion and create 500,000 direct and indirect jobs. The minister made the announcement at the signing of […]

Morocco: Al Amana Microfinance gets $8 Mln funding from IFC to encourage women in business

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 […]