The Moroccan currency is increasingly used in markets across West Africa and the Sahel, marking a significant shift in a region that has long been anchored to the CFA franc, tied to the French central bank. Although 14 African states still officially use the CFA franc, the Moroccan dirham has begun to circulate more widely […]
Tag: West Africa & Sahel
World Bank releases $200 million for off-grid energy access in West Africa
The World Bank Group has approved a $200m fund to implement the Regional Off-Grid Electrification Project (ROGEP) in West Africa and Sahel region. The fund includes $150 million in the form of credit and grant from the International Development Association (IDA) and $74.7 million contingent recovery grant from the Clean Technology Fund. ROGEP primarily seeks […]

