The World Bank has granted an additional €94.7 Mln loan to the Casablanca Municipal Support Program, destined to increase the investment capacity of the commune, to strengthen the resilience of the city of Casablanca to the effects of climate change, and to improve access to basic services for citizens. The additional financing will allow to […]
Egypt is considering a U-turn to international bond markets a few days after Morocco capitalized on cheap borrowing costs to reopen old bonds and raise $750 million. Its return will be the first time since the end of the revolution, after the new law allowing the country to issue Islamic-compliant bonds for the first time. […]
Morocco should prepare to address the challenge of drought and inflation in 2024, the World Economic Forum (WEF) said. In its Global Risks Report, the WEF identified water supply and inflation among the most pressing issue Morocco would face this year as the country braces for the sixth consecutive dry year. Inflation was contained in […]
