Tag: WB Funding
Emerging Markets Finance Headlines Morocco

WB supports Morocco’s social protection efforts with $250 Mln funding

North Africa PostComments Off on WB supports Morocco’s social protection efforts with $250 Mln funding

The World Bank has agreed to provide Morocco $250 million funding to support the country’s social protection system which has improved living standards of vulnerable households and expanded access to essential services. In December 2023, Morocco launched the Direct Social Benefit (DSB) program as a key component of the national social protection reform. As of […]
Emerging Markets Finance Headlines Morocco

Morocco: WB supports Casablanca’s rail projects with $350 Mln funding

North Africa PostComments Off on Morocco: WB supports Casablanca’s rail projects with $350 Mln funding

The World Bank has approved a $350 million financing package for the Greater Casablanca Mobility & Logistics Hub, which aims to improve services for passenger railways in the Greater Casablanca area. The funding will also support Morocco’s national railway operator – Office National des Chemins de Fer (ONCF) – in managing and expanding railway infrastructure. […]