Moroccan Cyclist Mehdi Choukri

World Bank Supports Morocco’s Municipal Solid Waste Management with $250 Mln Funding

The World Bank has approved a $250 million loan to help Morocco improve solid waste management which is facing environmental and financial challenges. Moroccan cities are home to more than 60 percent of the population and are key engines of growth for the country. Municipal solid waste management has been among the Government of Morocco’s […]

Islamic Development Bank Approves $59.28m to Expand Rural Electrification in Mauritania

The Islamic Development Bank has approved a $59.28 million financing to support a rural electrification project in Mauritania, targeting improved access to affordable electricity across several regions. The initiative will focus on the Wilayas of Adrar, Assaba, Inchiri, Brakna, Hodh Chargui, Hodh El Gharbi, and Tagant, with the objective of enhancing equitable and sustainable energy […]

Moody’s Downgrades Tunisia’s Credit Rating to B2

Credit rating agency Moody’s downgraded Tunisia’s credit rating to B2 against the backdrop of deteriorating fiscal situation, complicating the government’s plans to borrow from international lenders. Moody’s cut Tunisia’s rating by one notch to B2– five levels below investment grade and on a par with Argentina, Nigeria, Cameroon and Kenya. Moody’s rating downgrade will complicate […]