Ethiopia solar plants

Morocco-EBRD: Launch of Green Economy Financing Facility II

The European Bank for Reconstruction and Development (EBRD) launched this week in Casablanca the Green Economy Financing Facility Morocco II (GEFF II), a credit line facility of €163.5 million. Green Economy Finance Facility Morocco II (GEFF II) is a €163 million financing line set up by the European Bank for Reconstruction and Development (EBRD) with […]

Africa boosted fiscal revenues in 2023 through improved tax transparency — report

Seven African countries collected $2.4 billion of additional revenue through tax transparency, exchange of information and related measures in 2023 than over the 13 preceding years combined, a new progress report for the so-called Africa Initiative has found. Launched at a recent 15th Meeting of the Africa Initiative in Lomé, Togo, the Tax Transparency in […]

Morocco’s dam filling rate improves to 32% on recent rain and snowfall

Morocco’s water reserves have received a significant boost following heavy rainfall between December 15 and 17, with national dam storage increasing by 119 million cubic meters, raising the overall filling rate from 31.5% to 32.2%. According to official figures, total reserves now stand at 5.4 billion cubic meters, compared to 5.281 billion cubic meters earlier […]