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Islamic Development Bank Approves $59.28m to Expand Rural Electrification in Mauritania

The Islamic Development Bank has approved a $59.28 million financing to support a rural electrification project in Mauritania, targeting improved access to affordable electricity across several regions. The initiative will focus on the Wilayas of Adrar, Assaba, Inchiri, Brakna, Hodh Chargui, Hodh El Gharbi, and Tagant, with the objective of enhancing equitable and sustainable energy […]

Morocco’s King Represented at COP23 High-level Segment by Princess Lalla Hasna

King Mohammed VI has been represented by his youngest sister, Princess Lalla Hasna at the opening ceremony of the high-level segment of the 23rd Conference of the Parties to the United Nations Framework Convention on Climate Change (COP23) held Wednesday in Bonn. Princess Lalla Hasna, who is the Chairwoman of the Mohammed VI Foundation for […]

AfDB: Morocco’s Economic Growth to Increase to 3.9 in 2021

The African Development Bank (AfDB) expects Morocco’s economic growth to reach 3.7 pc in 2020 and 3.9 pc in 2021 from a 2.9 pc growth posted last year. In its African Economic Outlook 2020 report, the African bank says the projected GDP in Morocco is supported by the sustained efforts made to improve macroeconomic conditions […]