Moroccan Bank for Trade and Industry secures US$28m from EBRD for green economy

MOROCCO – The European Bank for Reconstruction and Development (EBRD) has partnered with the Green Climate Fund (GCF) to provide €25 million (US$28.35m) in financing to the Moroccan Bank for Trade and Industry (BMCI). This financing, which will support the transition to a green economy in Morocco, €23.75 million (US$26.94m) are provided by the EBRD and the remaining €1.25 million…

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BMCI, TagPay set to rout out digital bank Masrv for value-added financial services

MAURITANIA – The Mauritanian Bank for International Trade (BMCI) has partnered with TagPay to roll out its digital bank Masrvi, aimed at providing digital, value-added financial services to its customers. Powered by TagPay, Masrvi was launched at the end of April and responds to Mauritanians’ banking needs by providing secure and accessible banking services, across the country through mobile networks,…

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