Bahrain’s Al Baraka Group (ABG), one of the major Islamic banking and financing institutions, announced on Monday that it is exiting from two of its subsidiaries, Bank Al-Tamweel Wa Al-Inma (BTI) in Morocco and Itqan Capital, an investment company in Saudi Arabia. Its 43.6 pc stake in BTI will be sold to Moroccan Bank of […]
Moroccan Agency for Solar Energy (MASEN) has launched a new international tender for a large-scale solar power project, confirming the North African country’s resolve to become a green-power leader. The project will have a total installed capacity of 400 MW and will include systems based on solar photovoltaic as well as solar thermal power generation […]
The Arab Bank for Economic Development in Africa (BADEA) and Benin have signed on Monday August 7 a $100-million sovereign loan agreement to address climate change, food security and boost the private sector of the West African country. The signing took place on the sidelines of the visit of Sidi Ould Tah, President of BADEA […]
