Tag: WB

WB Supports Morocco’s Social Protection and Health Insurance with $500 Mln Funding

December 20, 2023

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

October 12, 2023

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

October 11, 2023

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

October 6, 2023

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

October 2, 2023

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

September 10, 2023

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

June 20, 2023

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

June 7, 2023

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

May 3, 2023

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

April 24, 2023

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