This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.
Tag: AfDB
Morocco backs replenishment of AfDB’s concessional financing fund
Morocco will make a contribution to replenish the African Development Fund, a concessional funding window of the African Development Bank. “The decision reaffirms Morocco’s willingness ... Read More
Energy-deprived Africa has a right to use its natural gas reserves — AfDB chief Adesina
Warning the continent has 600-million people in energy poverty, the right of African countries to use their natural gas reserves should be reflected in any ... Read More
Desert to Power initiative to light up the Sahel countries “showcased” at COP27
Launched in 2019 by the African Development Bank Group (AfDB) and its partners, the Desert to Power initiative to increase solar generation capacity to provide ... Read More
AfDB supports Agricultural and Social Security Coverage programs in Morocco with $286 million loans
The African Development Bank (AfDB) will grant Morocco two loans worth $286 million to finance two programs related to the development of cereal growing and ... Read More
AfDB loans Tunisia $80m for food security project
The African Development Bank, AfDB, has accorded $80 million credit facility earmarked to enhance food self-sufficiency and security, through securing the supply of soft wheat, ... Read More
Resilience through tough times: East Africa’s economic recovery hindered by debt and deficits
The economies of East Africa face rather bleak prospects for growth this year because of the increasing risk of debt distress, widening fiscal and current ... Read More
AfDB Lends Morocco €199 Mln for Climate Resilient Crops
The African Development Bank has approved a €199 million loan to finance Morocco’s competitive & resilient cereal development program to help boost food security, nutrition, ... Read More
Morocco calls for leveraging more private funds in African infrastructure
Morocco reiterated its call for the setting up of a new African investment model that leverages capital from private and institutional investors to make up ... Read More
Morocco: AfDB supports generalization of social coverage program with $87 million
The African Development Bank Group will lend Morocco €87 million to help the country implement the Support Program for the Generalization of Social Coverage. The ... Read More
Nador West Med: Additional €57 Mln AfDB Financing
The African Development Bank Group has approved an additional financing of €57 million for Morocco to help finance the ongoing construction of the Nador West ... Read More