€10.7 billion investment pledges at first “Invest in Senegal Forum”

Participants at first “Invest in Senegal Forum” held July 6-8 have pledged €10.7 billion investments in the West African country. The amounts were disclosed by Prime Minister Amadou Ba at a meeting with the media to present a report on the event seeking the development of local and regional markets. Close to 3,500 delegates among […]

WB supports Morocco’s North-East Economic Development Project with over €236 Mln funding

Morocco and the World Bank signed on Monday in Rabat a €236.7 million loan agreement for the funding of the North-East Economic Development Project destined to improve transport connectivity and rev up the private sector growth in the North-Eastern region of the Kingdom. The agreement was inked by Economy & Finance minister Nadia Fettah Alaoui […]

New African Energy Bank set to launch operations in July 2024

Two years after the signing of the founding protocol, the African Energy Bank officially opened its doors on June 4 and slated the operational launch for July. This supranational bank will focus on financing oil and gas projects in Africa, with a view to bridging the financing gap in these sectors and the continent’s energy […]