Keywords: World bank
Morocco has secured $250 million in financing from the World Bank to advance its ambitious reform of social protection systems. The funding supports Morocco’s "Support to Strengthening of Social Safety Nets for Human Development Project," which aims to reduce poverty, improve aid delivery,......
Remittances from Moroccans residing abroad accounted for nearly a tenth of the country’s GDP At 5 a.m., Joulya Azmi zipped her suitcase shut for the last time in Bordeaux, France. The Franco-Moroccan nurse had spent nine years in France—slogging through night shifts, dodging microaggressions,......
A new World Bank report has spotlighted a troubling trend within the Middle East and North Africa (MENA): since 2000, per capita GDP growth in the region has consistently lagged behind that of comparable economies. This stagnation is largely attributed to the underperformance of the private sector, which......
Gabonese citizens are anxiously awaiting the results of the upcoming presidential election, set for April 12, marking the first such race since the fall of the Bongo regime in August 2023. The campaign, which began on March 29, will run until April 11, with the election scheduled for April 12. General......
Morocco's economy is set to grow by 3.6% in 2025, an increase from 3.2% in 2024, according to the World Bank's latest economic report titled "Prioritizing reforms to boost the business environment." This optimistic projection comes despite the adverse impact of droughts on agricultural......
The World Bank has approved a substantial $600 million to support the final phase of Morocco's human capital development program, aimed at enhancing national resilience and social welfare. This funding initiative focuses on four critical areas: strengthening resilience to health risks, improving......
The World Bank has reaffirmed its commitment to supporting Morocco in its preparations for hosting the 2030 FIFA World Cup. Ousmane Dione, the institution’s vice president for the Middle East and North Africa, made this declaration during a meeting on Wednesday with Fouzi Lekjaa, Morocco’s......
A decade after hosting the Global Entrepreneurship Summit in Marrakech, Morocco’s entrepreneurial ecosystem has made strides in funding and support. Yet, the anticipated surge of high-growth startups capable of reshaping the national economy remains elusive. In 2014, the summit marked a pivotal......
The High Commissioner for Planning (HCP) of Morocco, Chakib Benmoussa, and the World Bank Country Director for Maghreb and Malta, Ahmadou Moustapha Ndiaye, signed a cooperation agreement in Rabat on Tuesday. This partnership aims to strengthen capabilities and facilitate the exchange of experience and......
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