IFC Supports Morocco’s women-led Businesses & Agri-SMEs with $300 Mln Risk-Sharing Facility

Morocco’s national credit guarantee institution, Tamwilcom, has partnered with International Finance Corportation (IFC) to expand access to finance to small & medium-sized enterprises (SMEs), including women-led businesses, agricultural enterprises, and firms operating within supply chains. Under the partnership, IFC will provide Tamwilcom $300 million risk-sharing facility (RSF) to enable the Moroccan lending institution to diversify […]

King Mohammed VI, King Felipe VI of Spain discuss Coronavirus health crisis

King Felipe VI of Spain and King Mohammed VI of Morocco held this Friday talks over the phone, during which they discussed the follow-up of the Coronavirus health crisis, announced the Spanish Royal Household Talks also covered international solidarity to cope with the pandemic, the Spanish Royal Household said in a tweet.

AfDB approves $20 million for solar off-grid projects in DRC

The African Development Bank (AfDB) has approved a $20 million grant to finance a solar off-grid electrification program in the Democratic Republic of Congo (DRC). According to Amadou Hott, AfDB Vice President in charge of Electricity, Energy, Climate Change and Green Growth, this innovative project will hopefully demonstrate the viability and interest of the private […]