ShareIFC just launched a new advisory program looking to assist start-ups operating in Libya, Algeria, Morocco, and Tunisia scale across the North Africa region. By startups being able to access bigger markets this, in turn, helps create more jobs and economic opportunities for the youth. Xavier Reille, IFC’s Maghreb Country Manager described the region’s young people as among the “most innovative in the world” while further describing IFC’s plan to “build pathways to help even more start-ups develop and expand” across the Maghreb. The startup ecosystem in the North African region targeted by IFC shows lots of promise but is still at a nascent phase. IFC is part of the World Bank Group and stands out as the largest global development institution fixated on emerging markets.

Source: The North Africa Journal June 07, 2021 11:37 UTC