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Category: Finance
FDI Flow up 43.6% in 2021 – Office des Changes Report
The net flow of Foreign Direct Investments (FDI) recorded a 43.6% increase to more than 19.4 billion dirhams at the end of December 2021 compared ... Read More
AfDB allocates Egypt $271m credit line to finance food security and economic resilience program
The African Development Bank Board of Directors approved a loan of USD 271 million to finance Egypt’s Food Security and Economic Resilience Support Program to ... Read More
Morocco’s OCP gets €570 million for the development of a brand new college campus for UM6P close to Rabat
The World Bank, through its Multilateral Investment Guarantee Agency (MIGA), has just announced a €570 million disbursement guarantee for the construction of a new university ... Read More
AfDB hails coherence of Morocco’s development plan, resilience of its economy
President of the African Development Bank (AfDB) and Chairman of the Africa50 Board of Directors, Akinwumi Adesina, hailed on Tuesday in Marrakech the coherence of ... Read More
Morocco calls for leveraging more private funds in African infrastructure
Morocco reiterated its call for the setting up of a new African investment model that leverages capital from private and institutional investors to make up ... Read More
EBRD & Climate Technology Fund support repowering wind farm in Morocco
The European Bank for Reconstruction and Development (EBRD) co-finances the repowering of the Koudia Al Baida wind farm in the north of Morocco. The EBRD ... Read More
AfDB Pres. Akinwumi Adesina expected in Morocco Monday
President of the African Development Bank Group (AfDB), Akinwumi Adesina, is expected in Marrakesh on Monday for a four-day visit. "This visit renews the African ... Read More
Inflation could “inflame social tensions”, warns IMF
The global economic outlook is "darkening", the managing director of the International Monetary Fund (IMF) said on Wednesday, citing the war in Ukraine and the ... Read More
Morocco: Al Amana Microfinance gets $8 Mln funding from IFC to encourage women in business
The International Finance Corporation provides al Amana Microfinance, one of Morocco's largest micro lenders, $8 Million loan to support smaller businesses, especially those run by ... Read More
Morocco: AfDB supports generalization of social coverage program with $87 million
The African Development Bank Group will lend Morocco €87 million to help the country implement the Support Program for the Generalization of Social Coverage. The ... Read More