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IFC to invest $100m in Nairobi-listed Diamond Trust Bank to back SMEs hit by pandemic
International Finance Corporation (IFC) will invest 12.18 billion shillings ($100 million) in Nairobi-listed Diamond Trust Bank (DTB) to support small and medium enterprises (SMEs) impacted by Covid-19, Zawya reports, citing Kenyan Wall Street newspaper. The investment will be in senior debt under its Covid-19 emergency response working capital solutions scheme (WCS FIGE). IFC initiated the […]
Morocco chairs transport forum ITF 2022 Summit in Leipzig
The Summit of the International Transport Forum (ITF 2022), held under the theme “Transport for Inclusive Societies”, kicked off, Wednesday in Leipzig, Germany, under the presidency of Morocco. The three-day event, which brings together delegations from some 80 countries, is chaired by the Minister of Transport and Logistics, Mohammed Abdeljalil. As the first Arab and […]
Philippine’s peace deal: could it boost the country’s economy?
On Sunday October 7th, The Philippine government has announced a preliminary peace agreement with the country’s largest Muslim group, the Moro Islamic Liberation Front (MILF). This deal aims at ending a 40-year conflict that has killed an estimated 120,000 people. But it could also open the way to boost domestic and foreign investments in the […]



