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EBRD Contributes €15 Mln to Support SMEs in Morocco, Tunisia & Egypt

The European Bank for Reconstruction & Development (EBRD) is supporting small and medium-sized businesses in Morocco, Tunisia & Egypt with a €15 million equity investment in the first close of Mediterrania Capital III LP (MC III), which could increase up to €35 million in subsequent closings. This is the third fund of Mediterrania Capital Partners, […]

Libya launches first electronic payment forum to boost financial modernization

Libya’s Central Bank has inaugurated on Sunday, June 15, the nation’s first Electronic Payment Forum and Exhibition at the Tripoli International Fairgrounds, marking a significant step towards digitalizing its financial landscape. The two-day event, held under the patronage of the Central Bank Governor, has convened commercial banks, local firms, and international e-payment providers to explore […]

COVID-19: Morocco extends state of health emergency until October 10

The Moroccan government Council, held Wednesday in Rabat, has decided to extend the state of health emergency until October 10, 2020, as part of efforts aimed at curbing the spread of the COVID-19 pandemic. The Council adopted the draft decree extending the state of health emergency throughout the national territory from Thursday, September 10 at […]