Moroccan Botola

Morocco to spend $1bln to upgrade urban transports

Morocco will earmark 1 billion dollars to buy new buses in different Moroccan cities as part of a 2024-2029 urban transport modernization plan, the interior minister Abdelouafi Laftit said. In total, Morocco would need 3500 new buses in 32 cities as part of an investment that also includes the upgrade of ticket machines and stations, […]

Guinea-Bissau’s President Drops Re-election Bombshell

In a shocking turn of events, Guinea-Bissau’s President Umaro Cissoko Embalo has announced he won’t be running for a second term. The 51-year-old leader dropped this bombshell after a cabinet meeting, catching everyone off guard. Embalo, who’s been in office since 2020, cited an unusual reason for bowing out – his wife talked him out […]

Green Financing tops EBRD’s 2021 investments in Morocco

The European Bank for Reconstruction and Development’s (EBRD) injected €211 million in 10 projects carried out in Morocco in 2021. More than half of the total investment funded green projects. Through its Green Economy Financing Facility (GEFF) and the Green Value Chain Program, the EBRD provided a total of €88 million to partnering banks to […]