The International Finance Corporation (IFC) has sealed an agreement with Atlantic Microfinance for Africa (AMIFA), a subsidiary of the Moroccan Banque Centrale Populaire (BCP) Group, for developing new products and services to boost financial inclusion in Sub-Saharan Africa. The agreement will enable AMIFA to strengthen the development capacity of its microfinance program in Sub-Saharan Africa […]
The United Arab Emirates (UAE) has emerged as Africa’s largest provider of foreign direct investment (FDI), funnelling $59.4 billion into key high-growth sectors such as infrastructure, energy, transport, logistics, and technology. The UAE has joined the bandwagon of world powers scrambling for commercial dominance in Africa, targeting a share of the continent’s 1.2 billion people […]
Tunisia has approved the renewal for an additional three year period of the Sfax offshore exploration permit awarded to Eurogas International Inc. and its joint venture partner, Atlas Worldwide Exploration Ltd (“APEX”). Under this first renewal period that will extend from December 9, 2012 to December 8, 2015, the exploration corporation will have to drill […]
