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Tag: AfDB
AfDB loans Tunisia €60m to roll out economic recovery program
The African Development Bank, AfDB, Wednesday said it has lent Tunisia €60 million to back the North African country’s economic recovery plan and social inclusion, ... Read More
AfDB renews commitment to support a socially inclusive, sustainable recovery in Morocco
The African Development Bank (AfDB) has renewed its commitment to support a socially inclusive and ecologically sustainable recovery in Morocco, said the Bank country manager ... Read More
AfDB supports modernization of Morocco’s railways with €300 million
The African Development Bank (AfDB) has earmarked €300 million for the Moroccan Railways Office (ONCF), that financed the project meant to increase the capacity of ... Read More
AfDB: Morocco’s growth to rebound to 4.5 % in 2021
Morocco’s GDP is expected to increase to 4.5 pc in 2021 as the country’s economy is recovering from a 5.9 pc decline in 2020 after ... Read More
Morocco joins Bloomberg African Bond Index
Morocco has joined the Bloomberg African Bond Indices (ABABI) of the African Development Bank (AfDB). Mauritius also joined the index set up in 2014 by ... Read More
AfDB lends €118 mln in support of Morocco’s Covid-19 social response
The African Development Bank extended a loan of €118 million to help Morocco address the social challenges triggered by the coronavirus pandemic. The loan ... Read More
Successful completion of perforation of Al Massira Dam, a première in Africa
Morocco has successfully completed the perforation of the Al Massira dam, with the aim of improving the drinking water supply for the residents of Marrakech. ... Read More
Post-Covid-19: AfDB forecasts 4% GDP growth in Morocco in 2021
The African Development Bank (AfDB) expects a 4 pc GDP growth in Morocco in 2021 after the country’s economic activity was affected like other countries ... Read More
Morocco’s Noor Ouarzazate supports Africa’s Energy Transition – AfDB
Morocco’s Noor Ouarzazate solar complex, one of the largest solar parks in the world, is playing a key role in Africa's energy transition, the African ... Read More
COVID-19: AfDB supports Morocco with €264Mln Financing
The African Development Bank (AfDB) approved on Wednesday in Abidjan a €264 million financing to Morocco, as part of its COVID-19 response support program (Parc-19). ... Read More