terrorisme-sahel

Senegalese Makhtar Diop appointed head of the International Finance Corporation

Makhtar Diop, former World Bank Vice President for Africa, has just been appointed head of the IFC, the International Finance Corporation, the private investment arm of the World Bank.   Makhtar Diop, the first African to occupy this strategic position, is a seasoned economist with a passion for sustainable development. “Makhtar Diop has deep development […]

Remittances by Moroccans abroad hit record $10.7 bln

Remittances by Moroccans abroad hit a record 100 billion dirhams ($10.7 bln) in 2021 compared to 70 billion dirhams in 2020, offsetting losses of the tourism sector, minister delegate in charge of investments said. Remittances have contributed to the consolidation of Morocco’s international reserves which rose to 330.4 billion dirhams ($35.7 bln), enough to cover […]

Morocco Contributes $5 Mln to African Development Fund

Morocco has contributed $5 million to the African Development Fund (ADF), which provides concessional funding for projects, technical assistance for studies and capacity-building activities in Africa. The Moroccan contribution was made during the Fund’s 16th replenishment meeting convened in Tangier Dec.5-6 to raise money for low-income African countries to enable them counter social and economic […]