Akinwumi Adesina, President of the African Development Bank (AfDB) began on July 19, a four-day work visit in Morocco. This is the executive’s first official visit to the kingdom since coming into exercise in September 2015, a statement from the Pan African institution reveals.
This visit is in the framework of the second general assembly of Africa50, a Pan African fund which is dedicated to infrastructures and is based in Casablanca. AfDB’s number one will take part in the session as the president of Africa50’s board.
During his time in Morocco, Mr Akinwumi will meet with chief of government Abdelillah Benkirane and other high officials including Mostafa Terrab, head of the Cherifian Phosphates Office (OCP) and Meriem Bensaleh, president of Morocco’s General Confederation of Enterprises (CGEM).
He will end his visit by meeting with Mustapha Bakkoury, President of the directorate of the Moroccan Solar Power Agency (MASEN) and visiting the Noor solar plant at Ouarzazate.
Morocco is a founding member of AfDB and its first client with more than €9.5 billion allocated in close to 50 years of collaboration, the statement said.
Alain Okpeitcha (Intern)
• Global coffee consumption projected to hit a record 169.4 million 60-kg bags in 2025/2026, up from...
In a West African financial landscape marked by tighter regulation of the fintech sector, digital fi...
• BOAD releases CFA10 billion ($17.8 million) to support Boungou and Wahgnion gold mines.• Burkina F...
Transport and food prices have been climbing steadily across Africa in recent years. In Côte d’Ivoir...
• Burkina Faso-based financial group, Vista Group Holding, has acquired a majority stake in Société ...
• Algeria grants commercial 5G licenses to top three telecom operators: Mobilis, Djezzy, and Ooredoo • License award comes on stream as part of the...
• The International Monetary Fund (IMF) has authorized a $262.3 million disbursement for Ethiopia, taking total payments under Extended Credit...
• ECOWAS Bank funds 47.7-km stretch of strategic 700-km road project• Lagos-Calabar highway seen boosting regional trade and investment• Part of broader...
• IFAD initiates a program worth $358.26 million to bolster dairy sector in Kenya, Rwanda, Tanzania, and Uganda • The program, called DaIMA, aims...
The Gerewol tradition is a fascinating ritual celebrated by the Bororo Fulani, a nomadic community primarily located in Chad and Niger. This annual...
In northern Ethiopia, in the Tigray region, lies Axum (also spelled Aksum), an ancient city that once stood at the heart of one of Africa’s most powerful...