Morocco secures US$450m loan from World Bank to improve its digital infrastructure

MOROCCO – The World Bank has announced through a press release that it would be awarding Morocco a US$450 million loan through its Financial and Digital Inclusion Development Policy Financing (DPF) program. The loan aims to expand the availability of financial services and digital infrastructure for individuals and businesses, as well as improving financial inclusion and digital entrepreneurship. This is the second of three DPF loans the World Bank plans to give to Morocco. Morocco plans to use the loan to continue to improve its digital infrastructure with the intent…

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