45 Days
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الاقتصادية
African Development Bank grants Morocco 205 million euros to expand railway network
The African Development Bank has approved a loan of 205 million euros to Morocco to expand the high-speed railway network and improve the infrastructure of the Kenitra–Marrakech line, aiming to enhance capacity and operational efficiency on one of the busiest transportation corridors. This funding is part of Morocco's plan to invest around $10 billion in its railway network in preparation for hosting the 2030 FIFA World Cup, and includes the new line project extending to Marrakech, which is 430 kilometers long. The loan reflects the ongoing financial partnership between Morocco and the bank to support infrastructure projects.
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