Tag: SMEs

World Bank backs Morocco with $500 million to boost jobs, clean energy
BusinessGlobal News

World Bank backs Morocco with $500 million to boost jobs, green growth

The World Bank has approved a $500 million financing package for Morocco, deepening support for job creation and green growth as the country pushes ahead with economic reforms.  The funding comes as officials face rising pressure to address youth unemployment and bring more women into the workforce, while also strengthening Morocco’s position in renewable energy and manufacturing. It reflects a…

Oluwatosin Alao Oluwatosin Alao
Egypt, Jordan boost SME ties to grow trade, investment, exports
BusinessTechnology

Egypt, Jordan boost SME support, deepen trade ties across region

Egypt and Jordan are stepping up efforts to support small businesses and expand trade, as both countries look to open new channels for investment and strengthen economic links across the region.  The push brings together two key institutions — Egypt’s Micro, Small and Medium Enterprise Development Agency (MSMEDA) and the Jordan Enterprise Development Corporation (JEDCO) — at a time when…

Oluwatosin Alao Oluwatosin Alao
EU and EBRD launch a $30.5 million financing facility in Côte d’Ivoire
BusinessHot News

EU, EBRD roll out $30.5 million facility to support SMEs in Côte d’Ivoire 

EU and EBRD launch a $30.5 million financing facility to boost SME access to credit in Côte d’Ivoire, supporting jobs and economic growth.

Timilehin Adejumobi Timilehin Adejumobi
The African Development Bank Group has approved a $60 million trade finance facility for Equity Bank Kenya
BusinessHot News

AfDB approves $60 million trade facility for Equity Bank to support SMEs

At a Glance The African Development Bank Group has approved a $60 million trade finance facility for Equity Bank Kenya, stepping up support for small and medium-sized enterprises as access to credit remains strained across East Africa.  For many Kenyan businesses, especially import-dependent SMEs, higher global prices, currency swings and tighter lending conditions have made it harder to finance day-to-day…

Oluwatosin Alao Oluwatosin Alao
KENYA SWEDEN
BusinessHot News

Kenya gets $2.7 million boost from Sweden for sustainable trade growth

Kenya wins $2.7 million from Sweden to boost sustainable trade, support women- and youth-led SMEs, and meet new EU deforestation rules for market access.

Timilehin Adejumobi Timilehin Adejumobi