Features Headlines Tunisia

EU’s €100m to ease Tunisia’s financial constraints

Tunisia will soon be receiving the first tranche of the €300 million Macro Financial Assistance (MFA) program that the European Union allocated to the country in May 2014 to help it overcome its financial crisis. The amount is a loan that supports the Stand-by Agreement that was approved by the International Monetary Fund (IMF) in […]

Egypt Features Headlines

Egypt Gets € 55 Mln EBRD Loan for two wastewater projects

Egypt has received a financial support from the European Bank for Reconstruction and Development (EBRD) which provided the most populous Arab country a € 55 million loan for the construction of two new wastewater plants. The money will also fund the expansion of three existing plants and the installation of 700 km of pipes and […]

Business Finance

Tunisia gets millions loan from Europe

The European Investment Bank (EIB) has dedicated 270 million Euros to help Tunisia boost employment among young people, diversify the private sector, and develop infrastructure in the poorest regions in a statement from the bank. The loans were finalized by the bank in two different contracts. The first contract was concluded between the European Investment […]

Business Finance

Micromed Program: Tunisia Gets EUR 4 Million

Tunisia will get EUR 4 million in the framework of the Micromed Program, an initiative launched by the European Investment Bank (EIB) to help promote the microfinance sector in Mediterranean partner countries. The MicroMED Tunisia program was established in response to a call for assistance from the Tunisian Administration in its endeavor to develop the […]