On the surface, PADME (Projet d'Appui au Developpement des Micro-Entreprises) is one of the most profitable African micro-finance institutions (MFIs) that report to the bulletin. Although this profitability is partly due to low cost funds and under-investment in management and operating systems, in th...
Recent economic and political developments have highlighted a challenge shared across the Arab region of generating employment, promoting inclusive growth, and improving competitiveness. In the short run, weakened macroeconomic fundamentals in the developing economies of the Middle East and North Afri...