Liberian & Moroccan FM Dee-Maxwell Saah Kemayah & Nasser Bourita

AfDB allocates Egypt $271m credit line to finance food security and economic resilience program

The African Development Bank Board of Directors approved a loan of USD 271 million to finance Egypt’s Food Security and Economic Resilience Support Program to support efforts to mitigate the impact of the global shocks on the domestic economy from the Russia-Ukraine conflict and to preserve resilience, Abidjan-based bank said in a statement. The program […]

AfDB Loans Morocco $204 Million to Improve Social Protection

The African Development Bank (AfDB) has granted Morocco a $204 million loan, destined to finance the Social Protection Improvement Support Program (PAAPS).   The loan, extended over 4 years, will back an integrated support program for the improvement of social protection in Morocco, the aim being to achieve 80 per cent social security coverage in […]

Libya: Tender for 22 Onshore and Offshore oil exploration blocks

The National Oil Corporation (NOC) of Libya, through its technical Committee, announced the launch of a public tender offering 22 new onshore and offshore exploration blocks to international oil companies. This initiative is part of Libya’s strategy to attract foreign investment and expand its energy sector. The announcement was made during the eleventh meeting of […]