In a notable development signaling Libya’s return to the international economic stage, the Tripoli-based Government of National Unity (GNU) has formalized a partnership with the World Bank through a Memorandum of Understanding (MoU) signed in Washington, D.C. The agreement, focused on rebuilding institutional frameworks and accelerating reform efforts, marks a key turning point after years […]
The African Development Bank Group, AfDB, has greenlighted a partial credit guarantee of $345 million to Egypt for the financing of green and social projects, reports say. Egypt expects to use the credit guarantee to raise the equivalent of $500 million in the Chinese Yuan denominated Panda Bond market, issued by foreign borrowers, Egypt Today […]
The World Bank has approved a $203 million loan for Morocco to support the efforts made by the North African country to modernize its agricultural sector expected to create 1.5 million jobs by 2020, offer better opportunities to small and large-scale farmers and enhance their competitiveness. Morocco has mapped out an ambitious national strategy for […]
