Keywords: African Development


African Development Bank Approves $487 Million for Morocco’s Economic and Climate Resilience

Morocco has secured $487 million in financing from the African Development Bank (AfDB) to advance economic reforms, encourage private investment and strengthen its ability to withstand external economic and climate-related shocks. Approved by the bank’s board of directors in Abidjan on Wednesday,......

Morocco’s Rail Expansion Plan to 2030 Draws Brazilian Media Attention as Funding Needs Grow

Morocco’s ambitious railway development programme for 2030 is attracting international attention as the Kingdom explores new financing mechanisms to support major infrastructure projects, including high-speed rail expansion, fleet renewal and improved regional connectivity. In an article published......

Morocco’s Battery Industry Takes a Major Step as Gotion Prepares Kenitra Gigafactory Launch

Morocco is preparing to enter a new phase of battery manufacturing as Gotion Power Morocco (GPM), the local subsidiary of Chinese battery producer Gotion High-Tech, prepares to commission production equipment at its gigafactory in Kenitra during the week of October 20, marking a major step in the country’s......

Morocco secures €270 million to expand four airports ahead of 2030 World Cup

Morocco has secured €270 million in financing from the African Development Bank to expand and modernize four major airports as the country prepares for an expected rise in passenger and air freight traffic in the coming years. The financing will support development projects at the airports of Marrakech,......

€270 million AfDB deal accelerates Morocco’s airport modernisation drive

Casablanca — Morocco is moving ahead with a major expansion of its airport network after signing a €270 million financing agreement with the African Development Bank (AfDB) to support the Programme for the Extension and Modernisation of Airport Infrastructure, known as PEMIA. The agreement,......

IAPS: A New Casablanca-Based Initiative to Measure Africa’s Social Progress

The Casablanca-based Observatoire Social has launched the African Social Progress Index (IAPS), a new framework intended to provide a broader reading of social progress across the continent while inviting African institutions and experts to help shape its development. Presented as an initiative designed......

Africa’s Demographic Surge Tests the Limits of Economic Growth

Africa continues to expand economically despite a difficult global environment, but the latest assessment from the African Development Bank (AfDB) points to a growing disconnect between headline growth figures and the realities facing millions of people entering the labour market. The continent has......

Morocco secures €405 million from African Development Bank for rail and skills development

Morocco is reinforcing two major pillars of its development strategy—transport infrastructure and human capital—through two financing agreements worth a combined €405 million with the African Development Bank. Signed in Rabat on September 17, 2026, the agreements allocate €205......

West Africa expected to record 4.6% economic growth in 2026

West Africa is expected to maintain relatively strong economic momentum in 2026 despite persistent uncertainty in the global economy. According to projections from the African Development Bank (AfDB), regional economic growth is forecast to reach 4.6% this year, following estimated growth of 4.8% in......