African Economy Inc.
  • Home
  • Economy
  • Business
  • Markets
  • Finance
  • Credit Ratings
  • Policy
  • Tech
African Economy Inc.
  • Home
  • Economy
  • Business
  • Markets
  • Finance
  • Credit Ratings
  • Policy
  • Tech
Sunday, August 16, 2026
Top News
Fitch Upgrades Republic of Congo’s Local-Currency Rating to CCC+ on Lower Debt Risks
Nigeria’s Exports to China Surge 80% to $2.3 Billion in First Half of 2026
Resolute Mining and Guinea’s Nimba Mining Gold Form Joint Venture for Gold Exploration
Uganda Central Bank Holds Rate at 9.75% as Inflation Remains Contained
Nigeria Oil Production Falls 4% in July to 1.505 Million Barrels Per Day
India and SACU Launch Preferential Trade Talks to Expand Africa-India Commerce
Egypt Opens 2026 Oil and Gas Bid Round for 14 Exploration Blocks
Morocco Sets September 1 Deadline for Several 2026 Tax Payments
Standard Bank Half-Year Earnings Rise 10% to $1.62 Billion as Credit Costs Fall
Vodacom Appoints Former Airtel Africa CEO Segun Ogunsanya to Its Board
SEC Sets Time for Daily Trade Settlement Deadline for Nigeria’s Equities and Commodities Market
Central African Republic Inaugurates 50-MW Solar Plant to Expand Electricity Supply
Namibia Central Bank Holds Repo Rate at 6.75% as Growth Forecast Is Cut
Jumia Raises $50 Million From IFC and Axian to Expand E-Commerce Across Africa
Nigeria Considers Crude Pricing and Supply Changes to Support Local Refineries
SUBSCRIBE
African Economy Inc.
Subscribe
African Economy Inc.
  • Home
  • Economy
  • Business
  • Markets
  • Finance
  • Credit Ratings
  • Policy
  • Tech
Copyright 2026 - All Right Reserved
Home » AfDB Approves €205 Million Loan for Morocco High Speed Rail Expansion to Marrakech
Infrastructure

AfDB Approves €205 Million Loan for Morocco High Speed Rail Expansion to Marrakech

by Oluebube Elechi July 10, 2026
written by Oluebube Elechi July 10, 2026
FacebookTwitterLinkedinEmail
48

RABAT, July 10 – The African Development Bank (AfDB) has approved a €205 million ($234 million) loan to support the expansion of Morocco’s high speed rail network and strengthen rail infrastructure along the country’s heavily used Kenitra to Marrakech transport corridor.

According to a statement from the AfDB, the financing will help increase capacity and improve operational efficiency on the railway corridor, which carries a significant share of Morocco’s passenger and freight traffic. The investment is expected to enhance rail connectivity, improve mobility and support the country’s long term transport infrastructure ambitions.

The project forms part of Morocco’s broader plan to invest approximately $10 billion in expanding both its intercity and urban rail systems as it prepares to co-host the 2030 FIFA World Cup alongside Spain and Portugal.

Under the programme, Morocco will construct a new 430 kilometre high speed railway linking Kenitra on the Atlantic coast to Marrakech. The line will pass through the country’s major economic centres, including Rabat and Casablanca, significantly reducing travel times while strengthening links between key commercial and tourism hubs.

You Might Be Interested In
  • South Africa’s Transnet Signs 25-Year Deal for LNG Terminal at Ngqura Port

The expansion is expected to support growing passenger demand, improve freight movement and reinforce Morocco’s position as one of Africa’s leading transport and logistics hubs. It also aligns with the country’s wider infrastructure strategy aimed at supporting economic growth, tourism, urban development and regional competitiveness ahead of the global sporting event.

The AfDB’s financing underscores continued multilateral support for Morocco’s infrastructure modernisation agenda, with the rail investment expected to play a central role in improving national connectivity and boosting long

Read Next

  • Burkina Faso Ends Diplomatic Relations with France Amid Deepening Political Rift

    June 27, 2026
  • Banque Misr, MSMEDA Launch EGP 500 Million Financing Deal to Support Egyptian Businesses

    July 9, 2026
  • Mozambique Central Bank Cuts Policy Rate, Says Limited Room for More

    January 29, 2026
  • South Africa’s Producer Inflation Falls to 2.2% Year-on-Year in January

    February 26, 2026
  • World Bank Approves $1.25 Billion Financing and New Partnership Framework for Nigeria

    July 1, 2026

Newsletter

Subscribe to our newsletter for trusted insights on Africa’s economies, markets, and business.

African Economy Inc. Logo

About Us

We are a business and economic intelligence platform delivering in-depth reporting, analysis, and insights on markets, companies and economic developments across Africa.

Our Company

  • AEI Intelligence
  • About
  • Editorial Standard
  • Partnerships
  • Advertise With Us
  • Careers
  • Ownership

News

  • Economy
  • Business
  • Markets
  • Finance
  • Credit Ratings
  • Policy
  • Tech

Useful Links

  • Privacy Policy
  • Terms of Use
  • Closed Captioning Policy
  • Accessibility Statement
  • Personal Information
  • Data Tracking
  • Register New Account

Subscribe Newsletter

Subscribe to our newsletter for trusted insights on Africa’s economies, markets, and business.

©2026 Majons Media Inc. All Rights Reserved.

Facebook Twitter Instagram Linkedin
African Economy Inc.
  • Economy
  • Business
  • Markets
  • Banking & Finance
  • Energy
  • Tech
  • Policy