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Keywords: African Development Bank


Masen and World Bank train African experts to advance renewable energy projects

Morocco has partnered with the World Bank to launch a groundbreaking training program aimed at equipping African experts with the tools to manage competitive renewable energy projects. Hosted by the Moroccan Agency for Sustainable Energy (Masen) in collaboration with key international organizations,......

Lesotho villagers file complaint over Bank-Funded water project

Eighteen rural communities in Lesotho have filed a formal complaint with the African Development Bank (AfDB) over the construction of a major water project, claiming that it has caused extensive damage to farmland, polluted water sources, and harmed local homes. Approximately 1,600 residents of villages......

Morocco strengthens global partnerships as stability drives investor confidence

High-ranking officials and international organizations are praising Morocco’s stability and strategic reforms, positioning the country as a key partner in sectors ranging from infrastructure to renewable energy and aerospace. Morocco as a pillar of stability Naima Moutchou, Vice President of......

HM King Mohammed VI leads Morocco through bold and visionary transformation

Since his ascension to the throne, HM King Mohammed VI has steered Morocco into a new era marked by bold and forward-looking transformation, according to Akinwumi Adesina, President of the African Development Bank (AfDB). In an interview on the occasion of Throne Day, Adesina praised the King’s......

Morocco ranks 6th in Africa for public services, highlights AfDB report

Morocco has cemented its position as one of Africa's leaders in public service delivery, ranking 6th in the continent according to the African Development Bank's (AfDB) 2024 Public Service Delivery Index (PSDI). The report underscores Morocco's achievements in socioeconomic inclusion, industrial......

African Development Bank grants €300 million to boost Morocco’s economy and create jobs

The African Development Bank (AfDB) has approved over €300 million in funding to support Morocco’s economic development and job creation initiatives. The decision, announced by the AfDB’s Board of Directors, aims to strengthen the North African country’s resilience, competitiveness,......

King Mohammed VI congratulates new AfDB president Sidi Ould Tah

King Mohammed VI extended his congratulations to Sidi Ould Tah on his election as President of the African Development Bank (AfDB) Group. In his congratulatory message, the King warmly praised Sidi Ould Tah and wished him success in his important role. The King highlighted that his election reflects......

Sidi Ould Tah elected president of African Development Bank

The Mauritanian economist Sidi Ould Tah has been elected president of the African Development Bank (AfDB) with 76.18% of the votes. The election took place on Thursday during the institution’s annual meetings in Abidjan. Ould Tah prevailed after three rounds of voting, defeating Zambian Samuel......

Morocco and AfDB enhance partnership for €2.9 billion development projects

Morocco and the African Development Bank are strengthening their strategic collaboration to accelerate key development initiatives through an ambitious portfolio review of €2.9 billion in structural investments. This review aims to optimize the effectiveness of 32 ongoing projects while ensuring......

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