Keywords: African Development Bank
The African Development Bank (AfDB) board approved on Wednesday in Abidjan a €150 million credit line to Morocco’s Communal Equipment Fund (FEC) to finance new investment and sustainable infrastructure projects. The initiative aims to promote inclusive development and strengthen local territorial......
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,......
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......
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......
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 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......
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 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......
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......
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