The Nomou Jordan Fund has been offering Islamic Financing facilities since 2015 to small and medium enterprises (SMEs) to meet the specific needs of Jordanian entrepreneurs for such Sharia-compliant products. Understanding the importance of this interest free and fixed repayment product to SMEs in the MENA region, fund manager GroFin has obtained the requisite Shariah-Fatwa
Africa’s education story is waiting to be written, but whether it will be written by Africa’s children is a pressing question that haunts the emerging continent. Consider this – Sub-Saharan Africa (SSA) still has 30 million children out of school, and tertiary education is suffering from severe capacity constraints. SSA is also the worst-performing region globally for educational
To talk of financial management and not touch upon working capital management is not possible. This GroFin business support guide provides an overview on working capital management to help entrepreneurs understand the importance of working capital for building a sound financial future for the organisation.
Demographic pressures mean that the Egyptian labor market is increasingly unable to cope with the number of new job seekers. The size of the youth population (aged 15 to 29) has increased from 13.3 million in 1988 to 17.4 million in 1998 and 22.2 million in 2006. The labour market is threatening to reach boiling
Entrepreneur Abdallah Nofal began his business in 2006 as a wholesale supply business trading in food items, particularly vegetable oil and other food oils. His 30-years’ experience in the wholesale industry enabled him to quickly build the enterprise to the point where he purchased land and began bottling his own vegetable oil in a manufacturing facility
From the moment a fish is caught to when it is served on a plate, a complex value-chain takes place, creating employment for a significant amount of semi-skilled workers and driving local industry. In countries like Oman, fish are caught by local fisherman and transported to fish processing facilities, where they are washed and prepared