World Bank grants Morocco $180 million loan to support its agriculture
The World Bank on Monday approved a loan of $180 million to Morocco to support its agriculture sector.
Official news agency MAP reported that the loan aims to enhance water governance in agriculture and improve the quality of irrigation services.
The report said this came as climate change put increased pressure on water resources in the North African country.
Morocco witnessed during this year a severe drought and heatwaves, which affected the agricultural sector representing 14 per cent of the country’s gross domestic product.
Morocco’s central bank expects that the country’s economy will grow by 0.7 per cent in 2022, down from 2.9 per cent in the earlier forecast and the 7.3 per cent growth in 2021.
(Xinhua/NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette
States
Independence: NBA urges Nigerians to expect better future
The NBA said that ordinary Nigerians should be deriving benefit from the subsidy removal rather than hardship.
Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices
Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”
Heading 2
Court overrules El-Rufai’s objection to DSS forensic witness
Mr El-Rufai arrived at court amid heavy security, accompanied by his wife and Isa Kudan, the ADC governorship candidate in Kaduna State.
World
Trump fires U.S. ambassador Kimberly Guilfoyle after allegations she demanded money from donor
Mr Trump had said he was considering firing Ms Guilfoyle amid allegations that she demanded $100,000 from a political donor
States
NAFDAC nabs two suspects over counterfeit alcoholic beverages in Lagos
NAFDAC said the suspects also revalidated expired and unsafe beverages for resale and stockpiled banned imported products.
States
Troops arrest suspected arms racketeers in Anambra
The army added that the suspects are currently in the custody of the 302 Artillery Regiment for further investigation.
World
Pope Leo XIV diagnosed with lung cancer after surgery: Vatican
The Vatican on Tuesday said Pope Leo XIV’s surgery to remove a nodule from his lungs confirms he has cancer.
Hot news Home top
63-year-old Duane ‘Keffe D’ Davis sentenced to 40 years for murder of Tupac
Shakur was killed in a drive-by shooting in Las Vegas while he visited the city to see a Mike Tyson boxing bout.
