COVID-19 will trigger a sharp drop in household incomes in Middle East and North African (MENA) countries that are fragile and in conflict situations, such as Afghanistan, Djibouti, Iraq, Lebanon, Sudan, and Somalia.
Vendekin Technologies and Marshal have entered into a partnership to expand the 'V-Commerce' ecosystem in Middle East and Africa.
Banks in the Middle East and Africa (MEA) are the strongest believers in a cashless society, according to a global retail banking survey released by Temenos , the banking software company.
IFC is investing up to $20 million into a newly independent, institutionalized private equity fund manager operating in MENA, to help small and mid-cap companies in the region improve their access to institutional capital and boost growth.
Vembu, a backup and disaster recovery solution vendor, has announced a partnership with MBUZZ technologies, a Value-Added Reseller in the Middle East, Africa, and Europe region.
IFC, a member of the World Bank Group, is launching its MENA Women Banking Champions program in Maghreb to help expand access to finance and boost financial inclusion for women entrepreneurs in Morocco, Tunisia, and Algeria.
Payfort has partnered with MENA’s Fintech innovation of the year, valU for installment sales services, to offer payment plans to a wide group of renowned ecommerce stores.
IFC is the lead arranger for an Islamic financing package of up to $125 million to Humania, a private healthcare company, to help expand health services and improve medical care in Morocco and Egypt.
IFC, a member of the World Bank Group, signed an agreement with Egypt’s largest microfinance organization Tanmeyah, to help increase its sustainability and boost its outreach to underserved groups across the country.
IFC and the government of the Netherlands launched a pioneering multi-sector program in Jordan and the Middle East and North Africa to help create a stronger private sector, unlock new markets, support entrepreneurship, and create jobs.
Leaving no place behind within the MENA is critical for economic growth, social inclusion, World Bank
Where someone is born in the Middle East and North Africa (MENA) should not determine their ability to succeed in life, according to a new World Bank report.
Jetex has announced the opening of its latest VIP Terminal at Marrakech Menara Airport, introducing a new world-class facility in the Moroccan market.
The World Bank in partnership with the Netherlands, the United Kingdom, Sweden, and Switzerland, is launching a new, expanded phase of an advisory program to help improve access to finance MSMEs across the MENA region.
The UNESCO Regional Office for Education in the Arab States and the United Nations World Food Programme have said that protracted crises in the MENA region have put 15 million children out of school.