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
-
Algeria Breaks Ground on $207M Tire Plant, Steps Up Local Production
19:09
-
Nigeria’s Tax Overhaul Set to Take Effect Amid Fury Over ‘Illegal’ Changes
19:07
-
Gédéon Dossou Tackles Prescription Management Gaps With Pharmatrack
18:32
-
Gambia to Expand Internet Backbone Capacity Over 15-Fold in $50M Deal
17:39
-
Joshua Raphael Automates High-Traffic Parking Management With Parket
17:39
-
U.S., Côte d’Ivoire Sign $487M Health Agreement Under New U.S. Strategy
16:46
-
Sodecoton Awards Bercotech Contract for 110 kVa Solar Plant at Touboro
12:24
-
Aissata Diallo Bah Widens Access to Financial and Legal Data on African Companies
12:11
-
Mauritania Rolls Out AI System to Detect Traffic Violations Nationwide
12:04
-
After Lomé Launch, Togo Expands Cash Transfers Nationwide
11:53
The BCID-AES launches with 500B CFA to fund Sahel infrastructure, asserting sovereignty from the B...
Nomba brings Apple Pay to 300k Nigerian shops. Following Paystack, this "second row" move enables ...
Kenya shipped its first mango consignment to the UK on December 20 The move is part of a pilo...
Kenya’s CMA licensed Safaricom and Airtel Money as Intermediary Service Platform Providers (ISPPs)...
NALA has secured PSP and PSO licenses from the Bank of Uganda, adding to its 2024 Money Remittance...
Algeria launches $207 million tire factory project in Touggourt Plant targets 5 million annual units, boosting industrial self-sufficiency Move...
Nigeria confirms tax reform takes effect Jan. 1, 2026 despite opposition PDP alleges illegal insertions, urges suspension and investigation Government...
Gambia’s Gamtel signs $50 million PPP to modernise internet backbone Project boosts core network capacity from 50 Gbps to 800...
United States, Côte d’Ivoire sign $487 million five-year health partnership Deal targets HIV, malaria, maternal health and system...
Afrochella, now known as AfroFuture, is a cultural event held annually in Ghana, mainly in Accra, around the Christmas and end-of-year period. Launched in...
Algiers is a coastal capital of around four million inhabitants, located in north-central Algeria. Its urban structure, heritage, and social practices...