irisl

Pertamina to begin Algerian activities soon

Muhammad Husain, the director of state own oil Indonesian company, PT Pertamina, has announced the company will be exploiting oil from Algeria in the next few months. This could allow the company to increase its reserve by 100 million barrels per day and additional crude oil output of 23,000 barrels per day. Negotiations are still […]

North Africa: IFC Supports SMEs with €15 Mln Investment

The International Finance Corportation, a member of the World Bank Group, is injecting €15 million in a new private equity fund by AfricInvest, a leading private equity fund manager, to help expand access to finance for small and medium enterprises in North Africa. The investment is part of a larger effort to support economic growth […]

Morocco’s bet on agribusiness yields good results

Morocco after taking a leap of faith in betting on its agribusiness sector is reaping the fruits with thousands of jobs created and sizeable revenues generated, despite standing challenges including fierce competition on the international markets. In 2014 and 2017, the kingdom through respectively a Memorandum of Understanding (MoU) and program contract agreements signed with […]