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
-
IMF Clears $91 Million Disbursement to Niger After Program Reviews
19:18
-
Senegal, U.S. Sign $135M Health Cooperation Agreement to Strengthen Surveillance, Labs
17:05
-
Companies in Côte d’Ivoire meet to advance UN Global Compact sustainability agenda
16:52
-
Strengthening the Business Climate in WAEMU Countries: CCR-UEMOA Reviews Its Midterm Record
15:41
-
Togo shea industry maps path to sustainable growth, new governance body
19:33
-
Togo's annual inflation holds at 0.4% in February, among lowest in WAEMU
19:19
-
Algeria Launches Commission to Drive University 4.0 Transition
20:41
-
CCI-Togo Previews Program to Train Women as Truck and Crane Operators
20:29
-
Equatorial Guinea’s Bange Bank Expands in Cameroon with Six New Branches
20:27
-
Cameroon Plans CFA40 Billion Capital Increase for State SME Bank
19:41
MTN Zambia tests Starlink satellite service connecting phones directly from space Direct-to...
Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...
Since its 2019 IPO, Airtel Africa paid Deloitte over $37 million in audit and non-audit fees,...
Tilenga oil project required land from 4,954 households in Uganda Over 99% of affected households...
World Bank announces $137 million to boost West Africa digital economy Program expands broad...
Senegal, U.S. sign $135 million health system support deal Funding targets surveillance, labs, workforce training and digital health...
Orange Côte d’Ivoire hosts UN Global Compact network meeting Firms discuss CSR, sustainability standards and private sector collaboration Membership...
Togo shea stakeholders meet in Kara to address sustainability challenges Over 150 participants discuss value chain organization and market...
Nigerian Breweries begins pilot barley cultivation to cut imports Ethiopia leads Africa barley output; Morocco, Algeria major producers Nigeria aims...
Actress Wunmi Mosakuand director Kaouther Ben Haniarepresent Africa among contenders at the 2026 Oscars. Mosaku received a nomination for Best...
With much of Africa’s cultural heritage still held outside the continent and restitutions in Europe moving slowly, a South African video game imagines...