Post: Sierra Leone: BII launches $25 million facility to support growth

British International Investment (BII) has announced a $25 million risk-sharing facility with Ecobank Sierra Leone to boost the country's private sector. The initiative, which includes a technical assistance programme, aims to increase lending to small and medium-sized enterprises (SMEs), which are vital to the local economy.SMEs, representing 70% of employment in Sierra Leone, face barriers to accessing capital. The new facility will provide loans in local currency, extended tenors and increased credit limits. This will help stimulate business growth, create jobs and strengthen the national economy.This project marks the first investment from the Africa Resilience Investment Accelerator (ARIA) program, which targets frontier markets to stimulate investment.Source: Africa News Agency

Jetex Announces Opening in Sofia

Jetex Sofia is anticipated to welcome its first guests in Q4 2026. Dubai, Aug. 24, 2026 (GLOBE NEWSWIRE) — Jetex, the world’s leading luxury lifestyle brand, and SOF Connect have signed an agreement to develop and operate a VIP lounge at Vasil Levski Sofia Airport, the main international airport of Bulgaria and the sixth-largest international […]

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SOUEAST Showcases S08 DM at Egypt’s North Coast Roadshow

ALAMEIN, Egypt, Aug. 14, 2026 (GLOBE NEWSWIRE) — Stretching from the vibrant Seashell North Coast to the exclusive Mountain View Ras El Hekma, Egypt’s North Coast is known as the “Pearl of the Mediterranean,” attracting visitors from around the world. As SOUEAST celebrates its first anniversary in the Egyptian market, the brand has kicked off […]