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Spain to grant €20Mln loan to Moroccan micro-financing fund Jaïda

The Spanish Council of Ministers approved, on Wednesday, an agreement to grant a loan of up to 20 million euros to the Fund for the financing of microfinance organizations in Morocco, Jaïda. The loan, granted through the Spanish Agency for International Development Cooperation (AECID), aims to finance the expansion of the Jaïda Fund portfolio. ”The […]

Belt & Road initiative at heart of Arab-Chinese cooperation

Relations between China and Arab countries have been fostered after the launch of the Belt and Road initiative paving the way for more Chinese investments in the region. The remark was made by Chinese and Arab diplomats and officials attending the 8th Conference on Arab-Chinese Relations and Dialogue between Arab and Chinese Civilizations for the […]

Outdated borders, grounded dreams: Africa risks losing $80B despite aviation growth

Despite Africa’s burgeoning tech sector and ambitious continental trade plans, outdated border systems and restrictive visa policies are poised to cost the continent an estimated $80 billion in lost economic potential over the next decade. According to a recent report from the International Air Transport Association (IATA), Africa’s aviation growth is being stunted by paper-based […]