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Tag: WB
WB Supports Morocco’s Social Protection and Health Insurance with $500 Mln Funding
The World Bank has approved a new $ 500 million loan for Morocco which is stepping efforts to improve social protection and expand health coverage ... Read More
WB, IMF & Morocco Call for Enhanced Global Action to Build Resilience for Better Future
The World Bank, the International Monetary Fund (IMF) and Morocco have launched a call for enhanced global action on common challenges in a bid to ... Read More
Morocco’s OCP Group teams up with WB to unlock Africa’s potential in global food security
Morocco’s Phosphate Group (OCP) and the World Bank agreed on Wednesday in Marrakesh to strengthen cooperation ties and programs benefitting five million farmers in Benin, ... Read More
Africa to have stronger voice in IMF, as WB warns African central banks against risky monetary initiatives
The International Monetary Fund (IMF) has announced that sub-Saharan Africa will be allocated a third seat on the global lender's executive board, while the World ... Read More
WB supports girls & women empowerment in Africa with $365 Mln funding
The World Bank Board has approved $365 million in International Development Association (IDA) financing to increase girls’ and women’s access to learning, economic opportunities, and ... Read More
Morocco/Earthquake: India, AU, Paris, WB, IMF & EU Express Solidarity & Pledge Financial Support
India’s Prime Minister Narendra Modi, Chair of the African Union & Pdt. of the Comoros Azali Assoumani, President of France Emmanuel Macron, World Bank Chief ... Read More
WB helps Morocco improve access to quality healthcare for all with $450Mln loan
The Board of Directors of the World Bank approved a $450 million Program-for-Results loan to support the Government of Morocco in implementing an ambitious health ... Read More
WB expects Morocco’s growth to reach 2.5% in 2023 & 3.3% in 2024
Morocco’s economic growth is expected to reach 2.5 pc in 2023 before rebounding to 3.3 pc in 2024, according to the World Bank’s latest Global ... Read More
Africa’s infrastructure investment has recovered, but is unevenly distributed
Commitments for Private Participation in Infrastructure (PPI) across 263 projects in Africa were worth $91.7 billion in 2022, a 23% increase from 2021, according to ... Read More
WB: Morocco needs to invest $2.6 Bln annually for its decarbonization transition
Morocco’s transition to low-carbon economy requires an annual investment of $2.6 billion through 2030, rising to $17.4 billion annually by 2050, according to a report ... Read More