EBRD to approve new $100 mln loan for Banque Misr to finance MSMEs

The European Bank for Reconstruction and Development (EBRD) is set to approve by end of May a $100 million loan program to Banque Misr, under the Financial Intermediaries Framework (“FIF”), to finance micro, small, and medium enterprises (MSMEs). The program, according to the EBRD website, will support BM’s lending to private MSMEs in Egypt, where […]

Morocco prepares for crossing of 3 million people living in Europe

Morocco has taken special measure to make the crossing of nearly 3 million Moroccans living abroad as fluid as possible, spokesperson for the Moroccan government said. There has been a steady rise in crossings from Europe to Morocco every summer he said as Morocco sets up stations within the country and in Europe where Moroccan […]

Morocco Vows to Contribute to G5-Sahel Priority Investment Program

Morocco has committed to contribute to the Priority Investment Program of the regional G5-Sahel group, which held Thursday a Coordination Conference of Partners and Donors in Nouakchott. Head of the Government Saâd Eddine El Othmani who led the Moroccan delegation to the conference outlined the broad lines of Morocco’s contribution to the group, mustering Burkina […]