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World Bank Supports Jobs & Green Growth in Morocco with $500 Mln Funding
The World Bank has approved a $500 million financial package for Morocco’s jobs creation and green growth development to enhance the Kingdom’s efforts engaged for a more inclusive & resilient economy at an international juncture marked by geopolitical tensions and disruptions to energy supplies. In a press release, the WB says this financing supports Morocco’s […]
Remittances from Moroccans abroad to hit record level in 2022
Remittances from Moroccans abroad are expected to hit 11 billion dollars, a record level compared to 9.3 billion last year, the World Bank said in a recent report. Remittances are key to feeding Morocco’s foreign exchange reserves, which cover around 6 months of import needs, according to the central bank. Morocco, whose diaspora is mainly […]
Benin to build Financial district in capital Cotonou
Benin is set to launch the construction of its first Financial district planned to be home to financial institutions and key companies including State-run firms, “24 Au Benin” reports. The first phase of the project is about the construction of one five-storey building used for offices, two seven-storey buildings also for offices. The first phase […]



