Advertising

Keywords: World Bank


Empowering Africa's Unsung Agricultural Female Farmers : OCP Africa's Bold Initiative

In the vast expanse of Africa's fertile lands, a silent force labors ceaselessly to sustain communities and nourish nations. These unsung heroines are the female farmers, whose weathered hands and indomitable spirits serve as the backbone of the region's agricultural sector. However, their invaluable......

Morocco's Resilient Ascension: Conquering Inflation and Economic Turbulence

In an era fraught with global tribulations, Morocco has emerged as a paragon of resilience, surmounting economic challenges and distinguishing itself on the world stage. The North African nation's extraordinary economic performance, marked by sturdy growth and a sharp decline in inflation, has captivated......

Remittances to Morocco Reaches $910 Million in January 2024

In January 2024, data from the Office d'Échange, Morocco's foreign exchange regulator, revealed that Moroccan expatriate remittances stood at $910 million USD. While this indicates a slight 2.6% decrease compared to the same period last year, these inflows continue to surpass the five-year......

Morocco and World Bank Pledge to Strengthen Financial Cooperation

Morocco's economy and financial sector are poised for further enhancement, as Rabat and the World Bank affirm their dedication to elevating their partnership. During a meeting between Morocco's Finance Minister, Nadia Fettah Alaoui, and World Bank Vice President, Ferid Belhaj, both parties celebrated......

Echoes of Inclusion: MENA Leaders Deliberate Strategies for Equitable Economic Growth

Esteemed economists and policymakers from the Middle East and North Africa convened in Cairo this week to formulate plans aimed at promoting inclusive development within the region. This high-level seminar sought to build upon the momentum generated during last fall's "Call for Action,"......

Morocco's Tanger Med Port Launches $714 Million Expansion Supported by World Bank

Morocco's Tanger Med Port is set to undergo a substantial $714 million expansion, bolstered by funding from the World Bank, as it targets growth and enhanced global competitiveness. The state-owned Tanger Med Port Authority aims to extend capacity, modernize facilities, and solidify its position......

Moroccan Diaspora Remittances Exceed $10.65 Billion in November, Bolstering Economic Resilience

In a promising development for Morocco's economy, new data from the Exchange Office reveals that remittances from the Moroccan diaspora have reached an impressive MAD 105.4 billion, equivalent to $10.65 billion as of November. This figure represents a notable 4.4% increase compared to the same period......