Expo-2020-Dubai-morocco

Morocco, a development reference for Kenya, all of Africa – Former Kenyan PM

Raila Odinga, High Representative of the African Union for Infrastructure Development and Chairman of the Kenyan Orange Democratic Movement (ODM), said he has been “impressed” by the development reached in several industrial sectors in Morocco, which constitutes, he said, “a reference of development for Kenya and all of Africa.” “I have a perfect knowledge of […]

World Bank approvres $350 million financing for Morocco’s water program

The World Bank has approved a $350 million results-based financing program to support Morocco implement its National Program for Drinking Water Supply and Irrigation (PNAEPI 2020-2027) in the framework of the 30-year National Water Plan (PNE, 2020-2050). Launched in 2020, PNAEPI aims to improve water security by accelerating investments in the sector and strengthening the […]

IMF releases $496mln for Morocco under climate-resilience scheme

The International Monetary Fund greenlighted on Tuesday the release of $496 million for Morocco under a Resilience and Sustainability Facility (RSF) to help the north African country address climate challenges. The new funding brings the total disbursement of the IMF under the RSF to about $1.24 billion. The IMF had approved a $1.32 billion loan […]