COVID-19: FNFI Backs Nine Microfinance Institutions
The National Fund for Inclusive Finance is putting in place mechanisms to support its partnering microfinance institutions amidst the COVID-19 crisis.
Remittances From Moroccan Diaspora Reached $7 Billion in November 2020
Morocco’s Foreign Exchange Office has announced that remittances from the Moroccan diaspora continue despite the COVID-19 pandemic.
Banque Populaire Launches Microfinance Program for Moroccan Women
The announcement came on International Women’s Day, a worldwide celebration of womanhood and femininity and a focal point in the global movement for women’s rights.
EIB, Jaida Loans Morocco EUR 10M to Support Microcredit Activity
This is a continuation of the EIB's action carried out for several years in favor of microfinance in Morocco and is part of the bank's response aimed at supporting micro-entrepreneurs, in the context of the COVID-19 crisis.
Grameen Credit Agricole Foundation Lends $3.7M to Assilassimé Solidarite of Togo, Agora Microfinance Zambia
The foundation has announced its disbursal of local-currency loans to Togo-based Assilassimé Solidarite in an amount approximately equivalent to $2.5 million and Agora Microfinance Zambia in an amount approximately equivalent to $1.2 million.
BCP, SOWIT Partner to Boost Financial Inclusion of Moroccan Farmers
The agreement was concluded as part of the Regional Investments initiative launched by BCP to assist innovative Moroccan solutions.
World Bank Approves $450 Million Loan to Help Morocco Improve Access to Financial Services
The financing is part of a program that supports policy measures to enable the rollout of the country’s social protection program, including the creation of digital IDs and cashless payments as part of cash transfer programs.