The Spanish Council of Ministers approved, on Wednesday, an agreement to grant a loan of up to 20 million euros to the Fund for the financing of microfinance organizations in Morocco, Jaïda. The loan, granted through the Spanish Agency for International Development Cooperation (AECID), aims to finance the expansion of the Jaïda Fund portfolio. ”The […]
The Egyptian government’s expectations pinned on the Suez Canal have been dampened by a report from credit ratings provider Moody which claimed that earnings to be generated from the canal after the opening of the second waterway last week will come “at a much slower pace.” The construction of the second 32km-long Suez Canal and […]
Morocco has launched an international tender for mining exploration in the Tafilalet and Figuig Mining Region, a zone rich in gold, silver and copper, lead, zinc and barite. The tender covers a large area stretching over 13,000 square kilometers. Moroccan authorities said the bidders will have to meet strict technical, financial, social, economic, health and […]
