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Keywords: African Development
The Nador West Med port complex, set to become operational by mid-2026, represents a transformative initiative aimed at elevating Morocco's global economic position and fostering regional development in the Oriental area. Anchored in Morocco's National Port Strategy 2030, this ambitious project......
Located in the Gamkaley industrial zone, this state-of-the-art facility has a production capacity of 22.5 MVA (20 MW). The King Mohammed VI power plant, a gift from Morocco to the Republic of Niger, was inaugurated on Thursday in Niamey, marking a significant milestone in Morocco-Niger relations. The......
Morocco has set an ambitious goal of producing 1.7 billion cubic meters (m³) of desalinated water by 2030 as part of its ongoing efforts to combat the country’s water crisis. This target is central to the updated National Water Plan (PNE), which will guide the country’s water strategy......
The funding aims to address Morocco's urban water demands and modernize supply systems in response to climate and population pressures. Morocco’s National Office of Electricity and Drinking Water (ONEE) has secured €104.7 million (MAD 1.15 billion) in funding from the African Development......
A recent report from the World Bank Group, International Debt Report 2024, reveals that Morocco's external debt surged to $69.267 million in 2023, a significant increase from $27.3 million in 2010. The report provides an in-depth analysis of the debt’s composition and the conditions of Morocco’s......
La Oficina Nacional de Ferrocarriles de Marruecos (ONCF) ha conseguido con éxito más de 14 mil millones de dólares en compromisos financieros para un importante proyecto ferroviario, anunció el presidente del Banco Africano de Desarrollo (AfDB), Akinwumi Adesina, tras el Foro......
Morocco and the African Development Bank (AfDB) are further solidifying their economic collaboration through strategic investments targeting infrastructure, agriculture, and large-scale projects related to the 2030 World Cup. This strengthened partnership was highlighted during a meeting in Rabat between......
The African Development Bank (AfDB) and Morocco’s Bank of Africa (BOA) have signed a landmark EUR 50 million risk-sharing agreement in Rabat, aimed at enhancing private sector financing and fostering trade across the African continent. The deal was finalized on the sidelines of the Africa Investment......
His Majesty King Mohammed VI has long praised the Nigeria-Morocco gas pipeline, emphasizing its potential to foster African development and improve the living standards of the continent’s population. Morocco is set to begin the process of launching tenders for the pipeline in 2025, marking a significant......
