Keywords: African Development


Morocco launches PAASIFEJ to advance inclusive rural development and strengthen agricultural resilience

Morocco has introduced an ambitious rural development initiative designed to reshape agricultural growth by placing women, young people and local communities at the centre of its strategy. The Programme to Support Inclusive Solidarity Agriculture for Women and Youth (PAASIFEJ) represents a new approach......

Morocco secures €205 million African Development Bank loan to expand high-speed rail network

Morocco is strengthening its railway ambitions with a €205 million financing agreement from the African Development Bank to support the expansion and modernization of its rail infrastructure network. Approved by the bank’s board of directors during a meeting in Abidjan, the funding will finance......

African Development Bank and World Bank strengthen partnership to address Africa’s economic challenges

The African Development Bank (AfDB) and the World Bank have agreed to deepen their cooperation in addressing Africa’s most pressing economic challenges, following a high-level meeting held in Abidjan. The strengthened partnership aims to improve research coordination and support more effective......

AfDB and OCP sign €450 million green credit guarantee to support sustainable investment program

The African Development Bank (AfDB) and the OCP Group have signed a €450 million partial credit guarantee agreement aimed at supporting the company’s large-scale investment program in Morocco. The agreement, signed in Rabat, is designed to facilitate a €530 million green financing package......

African Development Bank grants donation to Bank Al-Maghrib to boost digital payments

The African Development Bank (AfDB), through its African Digital Financial Inclusion Fund (ADFI), has granted a $510,000 donation to Bank Al-Maghrib (BAM) to support the expansion of digital payments in Morocco. The funding is aimed at promoting broader adoption of electronic payments, enhancing financial......

ACWA Power and AfDB join forces to tackle Africa’s energy and water challenges

ACWA Power and the African Development Bank (AfDB) have signed a $5 billion framework agreement aimed at accelerating large-scale projects in the energy and water sectors across Africa. The deal, finalized during the Africa Investment Forum in Rabat, underscores the urgent need to address Africa’s......

AfDB approves €150 million credit line to boost local development in Morocco

The African Development Bank (AfDB) has approved a €150 million credit line for Morocco’s Municipal Equipment Fund, aiming to support local development projects across the country. The initiative seeks to enhance infrastructure, climate resilience, and connectivity, with a particular focus......

AfDB approves €150 million credit for sustainable infrastructure projects in Morocco

The African Development Bank (AfDB) board approved on Wednesday in Abidjan a €150 million credit line to Morocco’s Communal Equipment Fund (FEC) to finance new investment and sustainable infrastructure projects. The initiative aims to promote inclusive development and strengthen local territorial......

UN Resolution 2797 highlights Morocco's autonomy plan as key solution for Sahara dispute

Morocco’s ambassador to the United States, Youssef Amrani, emphasized that UN Security Council Resolution 2797 reinforces the central role of Morocco’s autonomy plan as the definitive solution to the regional dispute over the Sahara. Speaking in a podcast hosted by the Hudson Institute, Amrani......