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EBRD Supports Morocco’s Water Conservation Efforts with €150 Mln funding
The European Bank for Reconstruction and Development (EBRD) provides Morocco a €150 million loan to finance the third phase of Saïss Water Conservation Program. The package also includes a $7.5 million grant from the UK under the EBRD’s High-Impact Partnership for Climate Action (HIPCA) multi-donor fund. Recognising the project’s strategic importance for Morocco, the Bank […]
Africa: A 4% growth rate in 2023, outpacing IMF’s global forecast — AfDB report
The African Development Bank predicts the continent’s growth will be stronger-than-expected at 4% this year. Its cautiously optimistic economic outlook is partly based on the expectation that China will continue to re-open after three years of strict Covid-19 policies “Despite the confluence of multiple shocks, growth across all five African regions was positive in 2022- […]
Al Quds: Berlin, Paris Hail Joint Call Launched by Morocco’s King and Pope Francis
France and Germany have joined their voices to the numerous declarations having hailed the joint call launched by King Mohammed VI, Commander of the Faithful, and his Holiness Pope Francis on Jerusalem/Al-Quds Al-Sharif, cradle of the three monotheistic religions. In Berlin, the spokesperson for the German Foreign Ministry said Thursday “The German government commends the […]



