MICROCAPITAL BRIEF: Middle East and North Africa (MENA) Transition Fund Grants $11m to Moroccan Youth Microentrepreneurship Projects

The Middle East and North Africa (MENA) Transition Fund, a financial intermediary fund established by the US-based World Bank in 2012 that provides grants to help countries implement social reforms, has sponsored a total of USD 11 million in grants for two projects that will aim to assist approximately 5,000 Moroccan youths with starting their own businesses and micro-enterprises [1].