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BMCE Bank International teams up with IFC to support inter-African trade
Morocco’s BMCE Bank International Plc UK has sealed a $150 million partnership with the International Finance Corporation to bolster cross-border trade in Africa and prevent shortages of essential goods, including grains and building materials amid the Covid-19 crisis. Under the agreement announced Wednesday, IFC will enter into a risk-sharing facility with BMCE Bank International, a […]
Morocco’s Southern Provinces Emerge as a Strategic Investment Hub on the Road to West Africa
Morocco’s southern provinces are establishing themselves as one of the Kingdom’s fastest-growing investment destinations, underpinned by large-scale infrastructure programs, an increasingly favorable regulatory environment and a strategic geographic position that offers investors direct access to West African markets. These findings are at the heart of the “Doing Business — Investing in Morocco’s Southern Provinces” guide, […]
Djibouti launches first wind farm to increase domestic power output
Djibouti has inaugurated Red Sea Power, a wind farm project that will produce 60 MW electricity in a bid to reduce power shortage and increase domestic output by 50 per cent. President Ismail Omar Guelleh unveiled the project over the last week-end. Red Sea Power is located in Ghoubet, 120 km from capital Djibouti. The […]



