King Speech

AfDB lends Morocco Over €600 Mln to fund four inclusive development projects

The African Development Bank has agreed to provide Morocco four loans totaling over €600 million to enable the North African Kingdom build a 105-km long highway, enhance territorial competitiveness, modernize the university, and support sustainable forest development. The agreements were signed Wednesday in Rabat by Minister in charge of the budget Fouzi Lekjaa and the […]

IFC provides Morocco’s Fez-Meknes Region $30 Mln for roads projects & Covid-19 response

The International Finance Corporation (IFC) supports Morocco’s Fez-Meknes region road projects and covid-19 response with a $30 million funding.   Ten million dollars will be used for the purchase of disinfection and sterilization equipment, which will be used to sanitize public places. The remaining $20 mln will support the region’s plan to expand and upgrade […]

Japanese firm Mitsubishi joins Togo’s Cizo Off Grid initiative

In Togo, the Japanese firm Mitsubishi has indicated its interest in supplying off-grid energy in rural communities within the framework of the Cizo project launched in 2017. The Cizo project aims to provide electricity to 2 million Togolese by 2022 thanks to a set of 300,000 solar kits installed on both sides of the country. […]