The strong focus is on micro, small and medium-sized enterprises. (Image source: Eleven studio/Adobe Stock)
Responding to the COVID-19 impact on the Moroccan economy, European Bank for Reconstruction and Development (EBRD) has provided US$100mn loan to Banque Centrale Populaire (BCP) for on-lending to local private businesses
The project improved access to 13 public technical institutions in 38 districts of Ghana’s 10 former regions. (Image source: Francisco Anzola/Flickr)
A six-year project to develop industrial skills among Ghana’s workforce has improved the engineering and manufacturing skills of young people, promoted economic competitiveness and contributed to an improvement in the quality of life of beneficiaries and a reduction in poverty, according to an African Development Bank (AfDB) report
European Investment Banks financial aid to Europe, Africa, Asia and Latin America, includes COVID-19-related investments in the public sector, support for businesses impacted by the pandemic and projects of power generation. (Image source: Chuckcars/Flickr)
The European Investment Bank (EIB) has approved US$18.9bn for projects across Europe, Africa, Asia and Latin America
The collaboration is aiming to reach 100 million individuals in the next few years. (Image source: Ahmad Ardity/Pixabay)
Crown Agents Bank is collaborating with Biometric payments specialist Paycode of South Africa to serve unbanked communities across sub-Saharan Africa
East African countries should accelerate a real structural transformation by transitioning from low value-added production to higher value-added activities. (Image source: Nina Stock/Pixabay)
Economic disruption caused by the COVID-19 pandemic has pushed East Africa’s growth projection for 2020 down to 1.2 per cent, a rate that outstrips other African regions and is forecast to rebound to 3.7 per cent in 2021, according to the African Development Bank’s (AfDB) East Africa Regional Economic Outlook 2020
