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 […]
African Restoration Initiative, a coalition of African countries and donors unveiled on Sunday, an ambitious initiative on the side-lines of a crunch UN climate conference, to restore 100 million hectares of degraded and deforested land by 2030. The ambitious project for which nine financial partners and 10 technical-support partners have already pledged support, aims to […]
Morocco is set to take advantage of its improving macroeconomic situation by tapping into the bond market, more than a year after its successful $2.5 billion bond, Nadia Fettah Alaoui said. The bond would strengthen state finances and help cut the deficit, Fettah Alaoui told Bloomberg. “We are constantly monitoring the market.” “We do not […]
