UN official Staffan de Mistura

IFC Teams up with Moroccan BCP Group to Enhance Microfinance in Sub-Saharan Africa

The International Finance Corporation (IFC) has sealed an agreement with Atlantic Microfinance for Africa (AMIFA), a subsidiary of the Moroccan Banque Centrale Populaire (BCP) Group, for developing new products and services to boost financial inclusion in Sub-Saharan Africa. The agreement will enable AMIFA to strengthen the development capacity of its microfinance program in Sub-Saharan Africa […]

Spanish Shipping Groups Consolidate Gibraltar Strait Position Ahead of Summer Season

Spain’s maritime transport sector is moving decisively to strengthen its foothold in the Strait of Gibraltar passenger market, with two major acquisition deals filed before Morocco’s Competition Council just months ahead of the annual Marhaba operation — the largest seasonal maritime movement between Europe and North Africa. The Baleària group is at the center of […]

Report Denounces Awful Conditions of Refugees in Libya, Lambasts European Policies

Rape, torture and slave labor are among the horrendous daily realities for people stuck in Libya in their desperate attempt to escape war, persecution and poverty in African countries, and reach Europe. The dark picture was described in a new report compiled by Oxfam and Italian partners, MEDU and Borderline Sicilia, which called on Italy […]