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EIB provides Morocco’s exporting SMEs financial backstop to step up competitiveness

The European Investment Bank (EIB) has pledged to guarantee loans extended to Moroccan exporting SMEs operating in the automotive, textile, agro-industry and agricultural sectors. An agreement was signed Wednesday in Casablanca with Morocco’s Banque Centrale Populaire (BCP) to enable SMEs to get funding to modernize their operations, reduce CO2 emissions, expand working site, and increase […]

Africa declares Mpox emergency as new strain spreads

Africa’s top health authority has declared mpox a public health emergency, responding to a rapidly spreading new strain of the virus. The Africa Centres for Disease Control and Prevention (Africa CDC) reports over 13,700 cases and 450 deaths in the Democratic Republic of Congo since the year’s start, with the outbreak extending to several neighboring […]

WFP faces $412 Million shortfall to address humanitarian crisis in South Sudan

The United Nations World Food Programme (WFP) has announced on Tuesday March 4 a critical funding gap of $412 million for 2025 to address the urgent humanitarian needs in South Sudan. The WFP stressed the importance of securing funds for essential food and nutrition aid, prepositioning supplies before the onset of the rainy season in […]