Posts Tagged ‘AfDB’

Morocco-AfDB Sign $112.30 Million Loan on Railway Infrastructure | Morocco World News

Another project supported by the African Development Bank will support better rail transportation services in Morocco: Morocco and the African Development Bank (AfDB) signed, on Friday in Rabat, loan and guarantee agreements totaling 112.30 million dollars related to the project of reinforcing the railway infrastructure of the National Railways Office (ONCF). The guarantee agreement related to the said project was inked by Economy Minister Mohamed Boussaid and Yacine Fal, AfDB ...

New Reports on Africa Highlight Areas of Opportunity, Obstacles to Growth – Jean AbiNader

  . * Ahead of US-Africa Leaders Summit in Washington, DC, August 5-6, overall picture promising, yet challenges continue *   Jean R. AbiNader, MATIC May 23, 2014 Several recent publications have put the challenging road to prosperity for Africa center stage. The most thorough assessment is in the 2014 Economic Outlook published by the African Development Bank (AfDB). It is comprehensive, covering all 54 African countries. Every year, the ...

Investments in Morocco Poised for Growth in 2014 – Jean R. AbiNader

. . Jean R. AbiNader, MATIC  January 9, 2014 By all indicators, with the rainfall to date supporting a strong showing for Morocco’s GDP, there are also strong signs that the rate of Foreign Direct Investment (FDI) will match or exceed the projected 4.5+% GDP growth rate. Investors are buoyed by the continued steps being taken by the government to improve the budget balance, rein in subsidies, generate more jobs, ...

US plan to Power Africa can benefit from Morocco’s renewable energy – Jean R. AbiNader

MATIC, by Jean R. AbiNader (Washington, DC, August 15, 2013) — On his recent trip to Africa, President Barack Obama announced his Power Africa initiative to spend $7 billion over 5 years to fund an electricity program in sub-Saharan Africa that includes geothermal, hydro, wind, and solar power. Critics have attacked the plan from all directions: it is too small and doesn’t involve a long-term commitment; it doesn’t give enough ...

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Morocco in a rising Africa: Expand opportunities, extend friendships – J. AbiNader

MATIC, by Jean R. AbiNader (Washington, DC, June 6, 2013) — Last week, the annual meetings of the African Development Bank (AfDB) were held in Marrakech, Morocco under the theme “The Structural Transformation of Africa.” It has been 29 years since Morocco last hosted the meeting and the event and its location demonstrate how few divides now exist between north and sub-Saharan Africa. In the past, policy analysts and companies ...
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