Archive for March 18th, 2011

March 18, 2011

AfDB Supports Infrastructure Development in Morocco Signs €300 Million Loan and Grant Agreements with Government

The African Development Bank (AfDB) Group and the Government of Morocco, today signed six loan and grant agreements amounting to €303 million (3.4 billion dirham). Morocco’s Economy and Finance Minister, Salaheddine Mezouar and AfDB Regional Director, Nono Matondo Fundani co-chaired the signing ceremony…read more

March 18, 2011

Tunisia: A profitable year for banking sector

Provided it is able to move past the political uncertainty of early 2011, following a strong year in 2010, the banking sector looks set to profit from the improving global economic outlook and renewed efforts to tackle the issue of non-performing loans (NPLs) in 2011, although some questions remain about the government’s plans in the longer term, particularly in regard to efforts to make the North African state a regional centre for finance, Global Arab Network reports according to OBG…read more

%d bloggers like this: