African Development Bank

3 articles

Morocco Secures €270 Million for Airport Expansion

Morocco and the African Development Bank have signed a €270 million agreement to upgrade airports in Marrakech, Agadir, Tangier and Fez. The loan is reported to cover about 31% of PEMIA's cost, with ONDA funding the rest through Morocco.

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Morocco pushes ahead with $10 billion high-speed rail as five station bids open

Morocco's $10.1 billion high-speed rail project is picking up speed. Five international contractors are now preparing bids to build major new stations along the Kenitra-Marrakech line, backed by €405 million from the African Development Bank.

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Morocco secures €405 million African Development Bank boost for rail and skills

Morocco has clinched €405 million in African Development Bank financing to overhaul the Kenitra-Marrakech rail corridor and launch a five-year vocational training drive targeting 260,000 young people without diplomas.

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