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Keywords: African Development


ONEE Secures €104.7 Million AfDB Grant to Enhance Water Systems and Digitalization

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......

Morocco’s External Debt Reaches $69.267 Million in 2023

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......

ONCF de Marruecos asegura 14 mil millones de dólares para un proyecto ferroviario clave

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 AfDB Strengthen Partnership for Sustainable Growth

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......

AfDB and Bank of Africa Forge EUR 50 Million Deal to Boost African Trade

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......

Morocco to Launch Tenders for Nigeria-Morocco Gas Pipeline in 2025

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......

 Strengthening Public-Private Partnerships in Morocco: Support from the African Development Bank

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......

Morocco's Quality of Life: A Shining Example in Africa's Development Story

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......

Morocco Accuses Algeria of Diplomatic Deception in Polisario Front Controversy

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......