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Africa Energy Bank set up to reduce dependence on foreign funding for oil & gas projects
The African Petroleum Producers’ Organization (APPO) is putting the finishing touches to establish the Africa Energy Bank (AEB) that will offer alternative funding source for oil and gas projects on the continent after international financing institutions have started scaling back their funding, citing stringent conditions and environmental concerns. Speaking at a recent Nigeria International Energy […]
OECD forecasts strong economic outlook for Morocco through 2026
Morocco is heading into 2025 with renewed economic confidence, buoyed by a strong rebound in its agricultural sector, the Organisation for Economic Co-operation and Development (OECD) said. The country is projected to achieve a growth rate of 3.8% in both 2025 and 2026, OECD said in a recent report, noting that this sustained momentum is […]
Maroc Telecom gets €370 Mln funding from IFC to support operations in Chad, Mali
The International Finance Corporation has agreed to provide Maroc Telecom two loans totaling €370 million to enable the Moroccan telecom group support its subsidiaries in Chad and Mali. The IFC funding will help to enhance mobile connectivity and improve the quality of mobile internet. It will also support the rollout of 4G services, bringing faster, […]



