Tag : African Development Bank

Business

World Bank backs Morocco hydropower storage with $265m

qatarinformer.com
RABAT, MOROCCO / MENA Newswire / – The World Bank has approved $265 million to support Morocco’s Ifahsa Pumped Hydropower Storage Project, a 300-megawatt clean...
Business

OPEC Fund commits $2bn to boost Africa’s development

qatarinformer.com
VIENNA, December 25, 2025: The OPEC Fund for International Development announced a new co-financing commitment of up to US$2 billion with the African Development Fund (ADF) for the...
News

Low income countries get $85 billion in MDB climate funds

qatarinformer.com
MDBs reached $137B in climate finance in 2024, with $85.1B going to low and middle-income nations and private finance jumping to $134B....