First Independent Mena Newspaper
The European Investment Bank (EIB) and Banque Misr have signed two technical assistance agreements to support small- and medium-sized enterprises (SMEs), Arab Finance reports citing emailed press release on July 6th. The first program will bolster Banque Misr’s credit risk management and help it adopt SME financing best practices. The second according to the statement […]
Tunisia has ratified a loan agreement with the European Union for €200 million to be tapped by the country’s Small and Medium Enterprises (SMEs). The deal for the credit line which includes €50 million in form of grant, was signed back in June last year and covers the 2021-2023 period. The financing aims to boost […]
Moroccan banks are operating now in 22 African countries and around 17 per cent of their foreign activity is on the continent, says Financial Times in a special report shedding lights on Morocco’s economic potentials. “These African countries represent a real growth potential given the level of banking penetration, which remains one of the weakest […]
The European Investment Bank (EIB) has granted Morocco this week a 75 million loan destined to help the North African country carry out projects aimed at increasing the capacity of the water production & distribution and improving sanitation networks. This financing operation backs Morocco’s 2012-2016 national strategy to provide the population with fair access to […]
Tunisia is mingled in chaos and that are fears that it might continue for a long period. Its economy and finance are hardly affected by the current situation. The European Investment Bank (EIB) has shown its intention to help the small and medium sized enterprises in the country. In a statement by Jamel, the chief […]