IFC opens $15.7 mln credit line for the education sector in Morocco and Senegal
Friday, 10 May 2019 13:35
The International Finance Corporation (IFC) announces a €14 million ($15.7 million support) credit line and technical support for the education sector in emerging countries.
These supports will be provided to KMR Holding Pédagogique (KMR), a private higher education platform that will use the resources to boost its activities in Senegal and Morocco.
KMR plans to open a medical faculty in these two countries to boost the teaching offers in the health sector.
“IFC’s investment will help us boost our reputation as a major player in the education sector, the health sub-sector particularly,” said Mohamed Kabbaj, director of KMR.
Chamberline Moko
Live News
-
Uranium: Lotus Advances Toward Production in Botswana as Orano Moves In
15:57
-
DRC Tightens Grip on Mining Export Revenue With 30-Day Audit
15:55
-
Cameroon's Sosucam Boosts Sugar Capacity With $4.5 Million Nkoteng Plant
15:53
-
Gambia and ECOWAS Launch West Africa's First Anti-Disinformation Center
15:51
-
Togo plans tighter checks, digital tools to tackle uninsured vehicles
06:02
-
Spiro Partners Yango Operator to Roll Out Electric Motorbikes in Douala
05:56
-
Lacs 1 municipality reviews 2025 accounts, posts 9.5 mln CFA franc deficit
05:53
-
Douala Partners Huawei to Advance Digital Transformation Plans
05:46
-
Togo lists 168 licensed architects in latest official registry
05:33
-
BCEAO to Set 24% Cap on Microfinance Lending Rates from June 2026
05:27
Mediterrania Capital bought Australian Amcor's Moroccan packaging unit Enko Capital took ov...
Enko Capital acquires Servair’s fast-food unit in Côte d’Ivoire, including the Burger King franchi...
Standard Chartered arranges $2.33 billion for Tanzania railway project Funding support...
Central bank to release $1 billion in cash to curb black market demand Move aims to ease inf...
From eastern Chad, where measles and meningitis are spreading through overcrowded refugee camps, to ...
Lotus Resources announced on Wednesday, April 29, the successful completion of the first phase of a drilling program at its Letlhakane uranium project...
President Félix Tshisekedi ordered the launch, within 30 days, of an audit covering the entire mining revenue chain, from physical shipments to...
Société sucrière du Cameroun (Sosucam), a subsidiary of France's Castel group, invested 2.5 billion FCFA (about $4.5 million) in a new sugar...
Gambian authorities, working with the Economic Community of West African States (ECOWAS) Commission, inaugurated the National Center for Response to...
UK museum to return 45 Botswana artifacts after 150 years Items collected in 1890s; restitution follows Botswana request Return tied to...
The history of Kerma stretches back several millennia. Located in what is now northern Sudan, the site was inhabited as early as prehistoric times....