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Moroccan central bank invests in World Bank green bond

Morocco’s central bank purchased 200 million euros of sustainable bonds from the World Bank as Morocco hosts the annual meetings of the IMF and the World Bank in Marrakech. The EUR 100 million 3-year and EUR 100 million 5-year Sustainable Development Bond transactions will support the financing of the World Bank’s sustainable development activities, the […]

Morocco, Germany to resume energy cooperation

The disruption in the fossil fuel market due to geopolitical tensions hastened the energy transition agenda of Morocco and Germany which now see new opportunities in fostering energy cooperation, notably in terms of green hydrogen and renewables. At a press conference in Rabat, both foreign ministers of Germany and Morocco attached priority to energy cooperation […]

Abidjan-based Banque Nationale d’investissement pledges to back coffee, cocoa exporters with around $274 million for new season

Banque Nationale d’Investissement (BNI), also known as National Bank of Investment, vowed to support exporters of coffee and cocoa of Côte d’Ivoire with around $274 million for a new season starting in few days, Abidjan Net reports. Jerôme Ahua, Deputy Director of the bank, made the announcement during a networking event of coffee and cocoa […]