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Libya to Build New Airport Terminals in Benghazi & Misrata

The Libyan authorities are planning to build new terminals in the airports of Benghazi & Misrata to meet rising passenger & trafic demand in these two cities, former rebel strongholds during the popular bloody uprising that led to the collapse of the autocratic regime of Moammar Gadhafi. These new terminals will be built by South […]

Bridging the gap: multibillion-dollar FASA fund to finance agri-SMEs in Africa

Norway, South Korea, the United Kingdom, and the United States have officially launched a multi-donor “fund of funds”, known as FASA, whose aim is to address the financing challenges faced by agricultural small and medium-sized enterprises (agri-SMEs) across Africa. Over the next 10 years, the “Financing for Agricultural Small and Medium Enterprises in Africa” Fund, […]

First Islamic Bank in Morocco Expected Next Year

Morocco will have its first Islamic bank next year, according to a statement made lately in Kuwait by governor by the central bank of the North African country Abdellatif Jouahri. Morocco will become thus the latest Muslim-majority country to develop a regulatory framework specific to Islamic finance after the parliament approved last year a bill […]