en.econostrum
Econostrum | Economic News in the Mediterranean
en.econostrum
   

en.econostrum
Tags (22) : finance

The World Bank invests $2.5 million to develop Turkish start-ups

The World Bank invests $2.5 million to develop Turkish start-ups
08/26/2021 - Eric Apim | Society / Institutions
TURKEY. The International Finance Corporation (IFC) and the Women's Enterprise Finance Initiative (we-Fi) are investing $2.5m in the 500 Istanbul Fund II, a venture capital fund focused on early-stage technology companies.
500 Istanbul Fund I, 500 Istanbul Fund II, Arin Ozkula, Arnaud Dupoizat, Bulgaria, EMEA, Enis Hulli, finance, IFC, Rina Onur, Romania, Southeast Europe, start-up, Startup Catalyst, Turkey, Ukraine, venture capital, We-Fi, Women's Enterprise Initiative, World Bank

IMF Special Drawing Rights offer a breath of fresh air to Egypt, Morocco and Tunisia

IMF Special Drawing Rights offer a breath of fresh air to Egypt, Morocco and Tunisia
08/23/2021 - Frédéric Dubessy | Society / Institutions
EGYPT / MOROCCO / TUNISIA. Egypt, Morocco and Tunisia have been allocated $2.9bn, $1.3bn and $775.8m respectively, in the first allocation of Special Drawing Rights (SDRs) from the International Monetary Fund since 2009. It is also the largest allocation ever.
Abdellatif Jouahri, Bank Al-Maghrib, dirham, dollar, Egypt, euro, finance, IMF, International Monetary Fund, Kaïs Saïed, Kristalina Georgieva, Moroccan Central Bank, Morocco, pound sterling, renminbi, SDR, Special Drawing Rights, Tunisia, Tunisian dinar, yen, yuan

EIB and Santander join forces to provide €2bn to companies affected by the crisis

EIB and Santander join forces to provide €2bn to companies affected by the crisis
06/22/2021 - Eric Apim | Services
EU. As part of the European Guarantee Fund, the European Investment Bank and the Spanish bank Santander sign two agreements to open credit lines reserved for the early payment of suppliers.
Austria, Banco Santander, bank, EGF, EIB European Investment Bank, European Guarantee Fund, finance, France, Germany, Italy, José M.Linares, Ricardo Mourinho Félix, SME, Spain

Solidarity finance is setting new records in France

Solidarity finance is setting new records in France
06/07/2021 - Frédéric Dubessy | Services
FRANCE. The 19th edition of the La Croix/Finansol Solidarity Finance Barometer shows a dynamism of this sector with a 33% increase in funds collected in 2020 to reach €20.33 billion in assets.
barometer of solidarity finance, finance, Finansol, France, Frédéric Tiberghien, Jon Sallé, La Croix, loi Pacte, savings, social and solidarity economy, solidarity finance

European Investment Bank puts €3.7bn on the table to help businesses

European Investment Bank puts €3.7bn on the table to help businesses
03/12/2021 - Eric Apim | Society / Institutions
EU. The European Investment Bank approves €3.7 billion in new financing to support the private sector in the face of the pandemic, improve the energy transition and transport.
Banja Luka, bank, Bosnia and Herzegovina, EGF, EIB European Investment Bank, energy transition, Europe, European Union (EU), finance, Finland, France, Georgia, Greece, investment, Italy, Jyvaskyla, Pan-European Guarantee Fund, Poland, Slovenia, solar energy, Spain, Stockholm, transport, urban planning, wind energy

Nine Member States receive €14bn loans to overcome their Covid-19 spending

Nine Member States receive €14bn loans to overcome their Covid-19 spending
02/02/2021 - Eric Apim | Society / Institutions
EU. The European Commission has disbursed loans totalling €14 billion to nine Member States.
Belgium, coronavirus crisis, Covid-19, Croatia, Cyprus, European Commission, European funds, European Union (EU), finance, Greece, Hungary, Italy, Johannes Hahn, Latvia, Lithuania, Malta, Paolo Gentiloni, Poland, Portugal, Romania, Slovakia, Slovenia, social and solidarity economy, social obligations, Spain, SURE, Ursula von der Leyen

Resignation of the Turkish Minister of Finance, son-in-law of President Erdogan

Resignation of the Turkish Minister of Finance, son-in-law of President Erdogan
11/09/2020 - Eric Apim | People
TURKEY. The day after Recep Tayyip Erdogan sacked the governor of the Turkish Central Bank, Berat Albayrak resigned as Turkish Minister of Treasury and Finance. version française

Berat Albayrak, CBRT, CHP, Christine Lagarde, Esra Erdogan, finance, IMF International Monetary Fund, Instagram, Kemal Kilicdaroglu, Murat Cetinkaya, Murat Uysal, Naci Agbal, notebook, Recep Tayyip Erdogan, Turkey, Turkish Central Bank, Çalık Holding company

SNCF raises a record €2 billion loan with a 30-year maturity

SNCF raises a record €2 billion loan with a 30-year maturity
10/28/2020 - Frédéric Dubessy | Transport
FRANCE. The SNCF has closed a €2 billion loan over thirty years, the largest transaction ever carried out by the group on the financial markets.
Austria, Bank of America Securities, BNP Paribas, borrowing, CIB, coronavirus crisis, Covid-19, Crédit Agricole, finance, financial markets, Fitch, France, France relaunch, Germany, HSBC, ING, Moody's, rail transport, S&P, SNCF, SNCF debt, Southern Europe

Alba Leasing offers €980m of financing to Italian SMEs with the help of the EIB

Alba Leasing offers €980m of financing to Italian SMEs with the help of the EIB
10/19/2020 - Eric Apim | Society / Institutions
ITALY. 8,000 Italian companies will be able to benefit from €980m in additional financial resources thanks to an agreement between the European Investment Bank and Italian leasing specialist Alba Leasing. version française
Alba leasing, Banco BPM, Banco Popolare di Sondrio, bank, BPER Banca, Credito Valtellinese, EIB European Investment Bank, EIF, energy, energy efficiency, European Investment Fund, finance, Italian SMEs, Italy, leasing, renewable energy, sustainable development

West Bank businesses benefit from $10 million in loans to better fight against the impact of the coronavirus

West Bank businesses benefit from $10 million in loans to better fight against the impact of the coronavirus
10/16/2020 - Eric Apim | Services
PALESTINE. The European Bank for Reconstruction and Development (EBRD) is lending $10 million to the National Bank (NBT) fund in Palestine. version française
bank, coronavirus crisis, EBRD, Faten, finance, Gaza, loan, Palestine, West Bank

iBanFirst is recruiting 80 people as part of its development in Tunisia and Europe

iBanFirst is recruiting 80 people as part of its development in Tunisia and Europe
09/24/2020 - Frédéric Dubessy | Services
FRANCE / TUNISIA. After a few months of delay on its programme because of the coronavirus, the fintech iBanFirst launches a recruitment plan for eighty employees in Tunisia and Europe. version française

Antwerp, Berlin, Bpifrance, Brussels, coronavirus crisis, Dijon, Elaia Partners, Europe, finance, financial services, fintech, France, FX4Biz, iBanFirst, National Bank of Belgium, Paris, Pierre-Antoine Dusoulier, R&D, recruitment, Rotterdam, Tunis, Tunisia

The Turkish bank İşbank obtains a $54m loan to help Turkish companies

The Turkish bank İşbank obtains a $54m loan to help Turkish companies
09/08/2020 - Frédéric Dubessy | Society / Institutions
TURKEY / EU. To boost bank lending to Turkish companies, the European Bank for Reconstruction and Development is providing a $54m (€45.7m) loan to İşbank. version française

banking, coronavirus crisis, DenizBank, EBRD, European Union (EU), finance, Isbank, Turkey, Turkish companies, Turkiye İş Bankasi, İşbank

Kosovo Finance Agency secures €4.5m to support Kosovo's micro-enterprises

Kosovo Finance Agency secures €4.5m to support Kosovo's micro-enterprises
07/21/2020 - Frédéric Dubessy | Services
KOSOVO. The EBRD, EFSE and CoopEst are lending €4.5m to the Kosovo Finance Agency to enable it to provide loans to Kosovar micro-enterprises and SMEs in difficulty.
AFK, bank, CoopEst, Crédit Coopératif, EBRD, EFSE, European Fund for South East Europe, European Investment Fund, finance, Kosovo, Kosovo Finance Agency, Macif, micro-credit

Femise takes a closer look at the difficulties encountered by the Mediterranean private sector

Femise takes a closer look at the difficulties encountered by the Mediterranean private sector
07/03/2019 - Frédéric Dubessy | Socio-economic assessments
As pointed out by the Femise report "The private sector in Mediterranean countries - Main dysfunctions and opportunities for social entrepreneurship", it is only through the development of the private sector that jobs will be created in the southern Mediterranean. The document also recommends promoting the development of social entrepreneurship. Version française
Constantin Tsakas, Euromed report, FDI, Femise, finance, Institut de la Méditerranée, Jocelyn Ventura, Karine Moukaddem, Patricia Augier, public sector, report, Sami Mouley, Southern Mediterranean Countries (SMC)

Femip Trust Fund Annual Report 2017 : serving the southern neighbourhood

11/13/2018 | BEI & FEMIP reports
November 2018. Written by EIB. In view of the challenges the EU’s Southern Neighbourhood region is facing, including those posed by the forced displacement of people, persistent fiscal deficits and the threat of climate change, the European Investment Bank (EIB), the EU bank, and the FEMIP Trust...
climate change, EIB European Investment Bank, FEMIP, FEMIP Trust Fund, finance, financing investment report, growth development report, investment, Maghreb report, Mashrek Report, MENA, Southern Europe, Southern Mediterranean Countries (SMC), Turkey report

Zakaria Fahim: "We must make the Africas communicate"

Zakaria Fahim: "We must make the Africas communicate"
03/05/2018 - Frédéric Dubessy | Socio-economic assessments


Version française
Africa, Casablanca, China, ENCG Casablanca, euro-mediterranean, Euro-Mediterranean Forum of Economic Institutes, Europe, Femise, finance, financial markets, France, Hub Africa, Malta, Morocco, Start-up, Sub-Saharan Africa, United States, universities, Zakaria Fahim

"Business angels and crowdfunding can lift the barriers to private investment"

"Business angels and crowdfunding can lift the barriers to private investment"
06/22/2017 - Frédéric Dubessy | Services
Interviewed by econostrum.info, Emmanuel Noutary, Managing Director of Anima Investment Network, recommends two tools to help entrepreneurs in the Mena region finance their projects: business angels and crowdfunding.
access to finance, Anima Investment Network, business angels, companies, crowdfunding, Diafrikinvest, diaspora, Emmanuel Noutary, finance, ined, MENA, Middle East, North Africa, participatory financing, PBA, Provence Business Angels, start-ups, tax incentives

Egyptian economy weathers economic crisis well

Egyptian economy weathers economic crisis well
10/15/2012 - Nina Hubinet, au CAIRE | Socio-economic assessments
EGYPT. Strong internal demand and government measures to support the economy allowed Egypt to avoid the worst effects of the global crisis. For 2011, the Egyptian authorities have forecast economic growth of more than 6%.
bank, Cairo, domestic demand, economic and financial crisis, EFG Hermes, Egypt, egyptian economy, Europe, finance, GDP, Hany Dimian, Rachid Mohamed Rachid, tourism, unemployment, world economic, Zoheir Garranah

Tunisia welcomes FDI with open arms

Tunisia welcomes FDI with open arms
10/15/2012 - Nathalie Bureau du Colombier | Socio-economic assessments
Energy, textiles, clothing, cement works. Foreign businesses from all these sectors have increased their investment in Tunisia over the last few years thanks to political stability and a more open economic and financial stance in the country. In a study for Femise, economist Sonia Seghir looks at what lies behind this success.
cement, clothing, economic, Energy, Femise, finance, political stability, Sonia Seghir, textiles, Tunisia, works

Moroccan SMEs plagued by opaque credit access

Moroccan SMEs plagued by opaque credit access
10/15/2012 - Nathalie Bureau du Colombier | Socio-economic assessments
Morocco has made a successful transition to a free-market economy by entering into increasing numbers of trade agreements in recent years. However, its SMEs are penalised by inequality in terms of taxes and credit access. Researchers have just established a direct link between these access problems and the productivity of SMEs, in a report submitted to Femise in July 2010.
banking system, corporate accounting, DEFI, Femise, finance, Morocco, Patricia Augier, SME

1 2

Our partners