Finance Headlines Morocco

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 […]

Egypt Headlines

Egypt: Businesswomen Get EBRD Support

National Bank of Egypt (NBE,) largest commercial bank in the North African country, has launched “Women in Business (WIB)” program aimed at strengthening the role of women entrepreneurs in the Egyptian economy This initiative has gained the full support of the European Bank for Reconstruction and Development (EBRD) which helps NBE to provide a comprehensive […]