First Independent Mena Newspaper
Morocco’s key infrastructure and development projects were at the centre of talks held lately in Rabat between Minister of Economy & Finance, Mrs. Nadia Fettah and a delegation from UK Export Finance agency. Discussions focused on ways of strengthening financial cooperation between the two countries and UKEF’s financing support for strategic Moroccan projects in energy, […]
After the Royal Palace’s announcement of Morocco’s successful joint bid to host the FIFA World Cup 2030 alongside Spain and Portugal, the country fast-tracked major infrastructure upgrades. This includes accelerated development of roads, railways, airports, hospitals, stadiums, and hotels—marking a transformative moment for Morocco’s urban and regional planning. Stadiums The country is building a 115k-seat […]
The African Development Bank (AfDB) approved a €100 million loan for the Municipal Equipment Fund (FEC) to finance new investment and public infrastructure projects in Morocco. These projects will help improve the quality of public services, especially in rural areas as well as spur revenue generating activities, according to an AfDB press release. “We are […]
The fall in oil prices has taken a toll on Algeria’s foreign exchange reserves, which are expected to decline to $116 billion, Algria’s Prime Minister Abdelmalek Sellal said. At a context of a long-term slump in oil prices, the Algerian government is planning further cuts to curb spending over the next few years after the […]