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Keywords: African Development
The funding aims to address Morocco's urban water demands and modernize supply systems in response to climate and population pressures. Morocco’s National Office of Electricity and Drinking Water (ONEE) has secured €104.7 million (MAD 1.15 billion) in funding from the African Development......
A recent report from the World Bank Group, International Debt Report 2024, reveals that Morocco's external debt surged to $69.267 million in 2023, a significant increase from $27.3 million in 2010. The report provides an in-depth analysis of the debt’s composition and the conditions of Morocco’s......
La Oficina Nacional de Ferrocarriles de Marruecos (ONCF) ha conseguido con éxito más de 14 mil millones de dólares en compromisos financieros para un importante proyecto ferroviario, anunció el presidente del Banco Africano de Desarrollo (AfDB), Akinwumi Adesina, tras el Foro......
Morocco and the African Development Bank (AfDB) are further solidifying their economic collaboration through strategic investments targeting infrastructure, agriculture, and large-scale projects related to the 2030 World Cup. This strengthened partnership was highlighted during a meeting in Rabat between......
The African Development Bank (AfDB) and Morocco’s Bank of Africa (BOA) have signed a landmark EUR 50 million risk-sharing agreement in Rabat, aimed at enhancing private sector financing and fostering trade across the African continent. The deal was finalized on the sidelines of the Africa Investment......
His Majesty King Mohammed VI has long praised the Nigeria-Morocco gas pipeline, emphasizing its potential to foster African development and improve the living standards of the continent’s population. Morocco is set to begin the process of launching tenders for the pipeline in 2025, marking a significant......
In response to a request from Morocco's Ministry of Economy and Finance, the African Development Bank (AfDB) is preparing to approve a technical assistance program aimed at promoting public-private partnerships (PPPs) in the country. The primary objective of this support is to assist in the implementation......
In a recent comprehensive assessment of African nations, Morocco has emerged as a standout performer, securing the second position for the quality of life it offers its residents. This achievement is a testament to the country's steady progress and its commitment to enhancing the well-being of its......
In a recent diplomatic clash, Moroccan officials have leveled serious accusations against Algeria, claiming that their North African neighbor has resorted to underhanded tactics to promote the Polisario Front's participation in international summits. The allegations come in the wake of the Tokyo......