The Central Bank of Libya (CBL) has announced a significant 13.3% devaluation of the Libyan dinar, adjusting the exchange rate to 5.5677 dinars per US dollar, effective from April 6, 2025. This decision marks a shift from the previous rate of 0.1555 to 0.1349 Special Drawing Rights (SDRs) per dinar. The move comes as part […]
Italy’s Enel Green Power (EGP) said it launched a green bond totalling $1.2 billion to fund its green projects, notably the 850MW wind energy projects in Morocco, local media said. The Italian energy giant said in a statement that the green bond would help fund renewable energy projects covering the development, construction and repowering of […]
The United States Department of State has praised Morocco’s strategic transformation into a regional business and industrial hub, citing its political stability, infrastructure development, and investor-friendly reforms as key drivers of economic growth. In its 2025 Investment Climate Statement, the US government underscores Morocco’s emergence as a gateway to Africa, Europe, and the Middle East, […]
