Keywords: African development bank
Morocco is reinforcing two major pillars of its development strategy—transport infrastructure and human capital—through two financing agreements worth a combined €405 million with the African Development Bank. Signed in Rabat on September 17, 2026, the agreements allocate €205......
West Africa is expected to maintain relatively strong economic momentum in 2026 despite persistent uncertainty in the global economy. According to projections from the African Development Bank (AfDB), regional economic growth is forecast to reach 4.6% this year, following estimated growth of 4.8% in......
A potentially severe El Niño weather event could cause economic losses of between $10 billion and $20 billion across affected African countries and intensify migration pressures, according to the climate chief of the African Development Bank (AfDB). Speaking to Reuters, the bank’s top climate......
Morocco has introduced an ambitious rural development initiative designed to reshape agricultural growth by placing women, young people and local communities at the centre of its strategy. The Programme to Support Inclusive Solidarity Agriculture for Women and Youth (PAASIFEJ) represents a new approach......
Morocco is strengthening its railway ambitions with a €205 million financing agreement from the African Development Bank to support the expansion and modernization of its rail infrastructure network. Approved by the bank’s board of directors during a meeting in Abidjan, the funding will finance......
The African Development Bank (AfDB) and the World Bank have agreed to deepen their cooperation in addressing Africa’s most pressing economic challenges, following a high-level meeting held in Abidjan. The strengthened partnership aims to improve research coordination and support more effective......
The African Development Bank (AfDB) and the OCP Group have signed a €450 million partial credit guarantee agreement aimed at supporting the company’s large-scale investment program in Morocco. The agreement, signed in Rabat, is designed to facilitate a €530 million green financing package......
The African Development Bank (AfDB), through its African Digital Financial Inclusion Fund (ADFI), has granted a $510,000 donation to Bank Al-Maghrib (BAM) to support the expansion of digital payments in Morocco. The funding is aimed at promoting broader adoption of electronic payments, enhancing financial......
ACWA Power and the African Development Bank (AfDB) have signed a $5 billion framework agreement aimed at accelerating large-scale projects in the energy and water sectors across Africa. The deal, finalized during the Africa Investment Forum in Rabat, underscores the urgent need to address Africa’s......
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