taxes

Morocco: Al Amana Microfinance gets $8 Mln funding from IFC to encourage women in business

The International Finance Corporation provides al Amana Microfinance, one of Morocco’s largest micro lenders, $8 Million loan to support smaller businesses, especially those run by women. Under the partnership agreement sealed Wednesday, al Amana will use the money to extend its reach to more micro-entrepreneurs and informal enterprises. At least half of the proceeds will […]

Foodstuff shortages worsen in cash-strapped Tunisia

Shortages are worsening in Tunisia which suffers from a financial problem now apparent in the inability of importers to pay for their orders. The list of shortages has expanded to cover petrol, diesel, sugar, bottled-water, flour, coffee as well as fruits and vegetables to mention but necessities. The lack of sugar in the country has […]

Brazil, Morocco Sign Military Technology Transfer Deal

Brazil and Morocco signed a deal to share military technology as the North African Kingdom seeks to develop its own defense industry. The agreement was raised during the visit Moroccan Foreign Minister Nasser Bourita paid to Brazil last week, the Brazilian foreign ministry said on twitter. The deal reflects Morocco’s ambition to develop a local […]