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 presses ahead with its clear energy diversification plan with an ambitious hydrogen project that aims to produce locally 4% of global supply. In a note published by the government, hydrogen will be used in Morocco’s plan to increase the share of renewable energy in overall energy consumption. Morocco has set the target of producing […]
Mauritanian re-elected president Ould Ghazouani gave Algeria’s proxy and chief of the Polisario separatist front, Brahim Ghali, an indifferent and ultra-quick hand flutter and rejected to pose for a photo with him as he did with all the guests attending his inauguration. The gesture indicates that Mauritania had acted under its bully neighbor Algeria which […]
