the-economist

Morocco gets €270 Mln funding from AfDB for expanding healthcare, creating jobs & supporting quake victims

The African Development Bank (AfDB) is supporting Morocco’s efforts to enhance inclusive access to healthcare, improve employability of vulnerable people through training, and provide urgent assistance to the families affected by Al Haouz earthquake. In this connection, three financing agreements worth €270 million were signed Tuesday in Rabat by the Bank and the North African […]

General Electric to build wind farm extension in Morocco

GE Renewable Energy has been picked up to supply 40 onshore wind turbines for the 200 MW Aftissat onshore wind farm extension in southern Morocco. The project is expected to be operational in 2023 and aims to support industrial companies under power purchase agreements, in line with Morocco’s goal to install 52 pc of renewable […]

APPO set to launch first bank by June 2024

The African Petroleum Producers’ Organization (APPO) is planning to get its first bank by June 2024 in a move to secure funding for the development of regional energy infrastructure. The organization unveiled the plan during a November 2 meeting in Benin. The bank named as African Energy Bank (AEB) would be launched no later than […]