African Development Bank

African Development Bank Approves €264 Million Loan to Morocco for COVID-19 Response

28 May 2020

As part of its Covid-19 Response Support Program (PARC-19), the African Development Bank (AfDB) approved on Wednesday in Abidjan a financing of 264 million euros for Morocco.

African Development Bank Grants Morocco $204 Million for Social Protection Expansion

22 February 2020

$204 million. This is the amount of the loan granted by the African Development Bank (AfDB) to Morocco to finance the Support Program for the Improvement of Social Protection (…)

Morocco’s Economy Set to Grow 3.9% by 2021, AfDB Report Forecasts

31 January 2020

Morocco’s real GDP growth is expected to reach 3.7% in 2020 and 3.9% from 2021.

E-commerce Boom in Africa: 3 Million New Jobs Predicted by 2025, BCG Report Says

17 January 2020

Online commerce platforms could generate 3 million jobs in Africa by 2025. This is what the Boston Consulting Group (BCG) consulting firm indicates.

African Development Bank Invests $3 Billion in Morocco, Largest Portfolio in Africa

30 September 2019

Morocco is recognized as the first client of the African Development Bank (AfDB). This is due to the active portfolio of the banking institution in the Kingdom, which totaled (…)

AfDB Grants $500,000 to Boost Morocco’s African Economic Integration

23 June 2019

An agreement for a $500,000 grant was signed between the African Development Bank (AfDB) and the General Confederation of Moroccan Enterprises (CGEM). Its objective is to (…)

AfDB Approves €268 Million Loan to Boost Morocco’s Industrial Acceleration Program

28 March 2019

A new financing from the African Development Bank (AfDB) which has just announced, through its Board of Directors, that it has granted a loan of 268 million euros to Morocco.