Financial and Banking News


IBRD tends Morocco and Egypt $190mn for Agricultural Development 

The World Bank has agreed to bolster agricultural development in Morocco and Egypt by lending the two countries $190mn, according to an announcement on 3 July. Morocco will receive $120mn over two years to finance the credit operations and institutional development of the Caisse Nationale de Credit Agricole (CNCA). The project is expected to cost $720.3mn overall. Other funding will...