Morocco: Strengthening Integrity in the Energy, Transportation And…

Total Page:16

File Type:pdf, Size:1020Kb

Morocco: Strengthening Integrity in the Energy, Transportation And… Morocco Strengthening Integrity in the Energy, Transportation and Health Sectors RELATIONS MONDIALES Moyen Orient et Afrique du Nord منظمة التعاون والتنمية االقتصادية تشـكل منظمـة التعـاون والتنميـة االقتصاديـة منتـدى فريـد مـن نوعـه، حيـث تعمـل الحكومـات سـوياً علـى مواجهـة التحديـات االقتصاديـة واالجتماعيـة والبيئيـة التـي فرضتهـا العولمـة. كمـا تتصـدر منظمة التعـاون والتنميـة االقتصادية الجهـود المبذولـة لفهـم التطـورات العالميـة الحاليـة والمخـاوف التـي تثيرهـا. وتسـاعد الحكومـات علـى االسـتجابة للتطـورات الجديـدة مـن خـالل دراسـة المواضيـع مثـل حوكمـة الشـركات واقتصـاد المعلومـات والتحديـات التـي تثيرها شـيخوخة السـكان. وتوفـر المنظمـة للحكومـات ًإطـارا يتيـح لهـا مقارنة خبراتهـا في مجال السياسـات والسـعي للحصول علـى إجابـات للمشـاكل المشـتركة والتعرف على الممارسـات السـليمة والعمل على تنسـيق السياسـات الوطنيـة والدولية. الـدول أاالعضـاء فـي منظمـة التعـاون والتنمية االقتصاديـة هي: ألمانيا وأسـتراليا والنمسـا وبلجيكا وكندا وتشـيلي وكوري والدنمارك وإسـبانيا وإسـتونيا والواليات المتحدة وفنلندا وفرنسـا واليونان والمجر وأيرلنديا وأيسـلندا وإسـرائيل وإيطاليا واليابـان والتفيـا ولوكسـمبورغ والمكسـيك والنـروج ونيوزيلنـدا وهولنـدا وبولنـدا والبرتغـال والجمهوريـة السـلوفاكية والجمهوريـة التشـيكية والمملكـة المتحـدة وسـلوفينيا والسـويد وسويسـرا وتركيا. تشـارك المفوضية أاالوروبيـة في أعمال منظمـة التعـاون والتنميـة االقتصادية. www.oecd.org/fr برنامـج التنافسية في الشـرق أاالوسـط وشـمال إفريقيـا لمنظمة التعاون والتنمية االقتصادية أ يدعـم البرنامـج إاالصالحـات الراميـة إلـى حشـد االسـتثمار وتنمية القطـاع الخـاص وريادة االعمـال بوصفها قـوى دافعة للنمـو وفـرص العمـل في منطقة الشـرق أاالوسـط وشـمال أفريقيا، مع االعتراف بضرورة إشـراك الشـباب والنسـاء، الذين يزداد مسـتوى تدريبهم. تـم إطـالق البرنامـج فـي عـام 2005، بنـاء علـى طلـب حكومـات دول الشـرق أاالوسـط وشـمال أفريقيـا، ويعمـل علـى مواجهـة التحديـات إاالقليميـة والوطنيـة مـن خـالل نهجـه القائـم علـى الحـوار المبتكـر بشـأن السياسـات والتعلـم مـن أ االقـران وبنـاء القـدرات. وقـد أصبـح مبـادرة ديناميكيـة قـادرة علـى ّالتكيـف مـع الوضـع ّالمتغيـر فـي المنطقـة. يغطـي البرنامـج الجزائر والمملكة العربية السـعودية والسـلطة الفلسـطينية والبحرين وجيبوتي ومصـر إواالمارات العربية المتحـدة والعـراق أواالردن والكويـت ولبنـان وموريتانيا والمغرب عمان وقطر وسـوريا وتونس واليمن. www.oecd.org/fr/sites/mena/competitivite جهة االتصال: [email protected] Morocco project insight [f] AR.indd 2 29/06/2018 17:35 Competitiveness and private sector development Morocco STRENGTHENING INTEGRITY IN THE ENERGY, TRANSPORTATION AND HEALTH SECTORS JUNE 2018 This book is published under the responsibility of the Secretary-General of the OECD. The opinions and interpretations expressed do not necessarily reflect the official views of OECD member countries. This document and any map it may include are without prejudice to the status of or sovereignty over any territory, to the delimitation of international boundaries and borders, the name of any territory, city or area. Photo credits: Cover © designed by Baseline © OECD - 2018 Copying, downloading or printing OECD content for personal use is permitted. It is possible to include excerpts from OECD publications, databases and multimedia products in documents, presentations, blogs, websites and educational material, subject to acknowledgment of source and copyright. Any request for public or commercial use concerning translation rights should be addressed to [email protected]. Any request for permission to photocopy some of the content for public or commercial purposes must be submitted to the Copyright Clearance Center (CCC), [email protected], or to the Centre français d’exploitation du droit de copie (CFC), [email protected]. TABLE OF CONTENTS OVERVIEW .................................................................................................................................................................................................. 5 METHODOLOGY ...................................................................................................................................................................................... 7 ACKOWLEDGMENTS .............................................................................................................................................................................. 9 ABBREVIATIONS AND ACRONYMS .............................................................................................................................................. 11 INTRODUCTION .................................................................................................................................................................................... 13 MOROCCO: A DECADE OF REFORMS IN FAVOUR OF THE BUSINESS CLIMATE ........................................................ 15 Corruption hinders good business conduct ......................................................................................................................... 15 Companies in the fight against corruption ........................................................................................................................... 17 Strengthening business integrity in Morocco ...................................................................................................................... 18 OVERVIEW OF THE ENERGY, TRANSPORTATION AND HEALTH SECTORS .................................................................. 21 SECTION I: ENERGY SECTOR ............................................................................................................................................................ 23 1.1 Energy sector: Status .......................................................................................................................................................... 23 1.2 Energy sector: Sector Development Strategy ........................................................................................................... 27 1.3 The energy sector: Risks of corruption ........................................................................................................................ 32 1.4 Energy sector: Action points for the future ............................................................................................................... 36 SECTION II: THE TRANSPORT SECTOR ........................................................................................................................................ 39 2.1 Transport sector: Status .................................................................................................................................................... 39 2.2 Transport sector: Sector development strategy ...................................................................................................... 42 2.3 Transport sector: Risks of corruption ........................................................................................................................... 46 2.4 Transport sector: Action points for the future ......................................................................................................... 47 SECTION III: THE HEALTH SECTOR ................................................................................................................................................ 49 3.1 Health sector: Status ........................................................................................................................................................... 49 3.2 Health sector: Sector development strategy ............................................................................................................ 54 3.3 Health sector: Corruption risks ....................................................................................................................................... 54 3.4 Health sector: Action points for the future ................................................................................................................ 57 Morocco - Overview of Integrity Risks in the Energy, Transportation and Health Sectors - © OECD 2018 3 Figures: Figure 1: Foreign direct investment (FDI) inflows, net inflows (% of GDP) ……………………………...13 Figure 2: Distribution of energy injected by type of fuel………………………………………………………….24 Figure 3: Distribution of installed capacity by energy source .................................................................. 25 Figure 4: Evolution of electricity production ................................................................................................... 25 Figure 5: Evolution of electricity consumption ............................................................................................... 27 Figure 6: Investment distribution by sector ..................................................................................................... 40 Figure 7: Investment in billions of Euros ........................................................................................................... 41 Figure 8: Air traffic development ......................................................................................................................... 41 Figure 9: Changes in total and public health expenditure (% GDP) ....................................................... 49 Figure 10: Annual changes to the Ministry of Health budget 2007-2017.............................................. 50 Figure 11: Market shares in the pharmaceutical industry ............................................................................. 52 Tables: Table 1: Installed capacity 2015 .........................................................................................................................
Recommended publications
  • World Bank Document
    Public Disclosure Authorized Morocco Infrastructure Review May 2020 (originally published in French in December 2019) Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Final version © 2020 International Bank for Reconstruction and Development / The World Bank 1818 H Street NW, Washington, DC 20433 Telephone: 202-473-1000; Internet: www.worldbank.org This work was originally published by the World Bank in French in 2019. In case of discrepancies, the original language should prevail. This work is a product of the staff of The World Bank with external contributions. The findings, interpretations, and conclusions expressed in this work do not necessarily reflect the views of The World Bank, its Board of Executive Directors, or the governments they represent. The World Bank does not guarantee the accuracy of the data included in this work. The boundaries, colors, denominations, and other information shown on any map in this work do not imply any judgment on the part of The World Bank concerning the legal status of any territory or the endorsement or acceptance of such boundaries. Rights and Permissions The material in this work is subject to copyright. Because The World Bank encourages dissemination of its knowledge, this work may be reproduced, in whole or in part, for noncommercial purposes as long as full attribution to this work is given. Please cite the work as follows: 2020. Morocco Infrastructure Review. World Bank, Washington D. C. Any queries on rights and licenses, including subsidiary rights,
    [Show full text]
  • Corruption Trends in the Middle East and North Africa Region (2007-2011)
    www.transparency.org www.cmi.no Corruption trends in the Middle East and North Africa Region (2007-2011) Query What do anti-corruption indexes and experts say about the levels and types of corruption in MENA countries over the last five years? What are the main areas and sources of corruption? Are there specific themes and issues that are common to a number of countries? What record do governments have in tackling corruption? Are there any examples of successful anti-corruption reforms in countries in the MENA region over the past five years? We are especially interested in country based issues - rather than regional – for Egypt, Morocco, Jordan, Tunisia and Libya. Purpose Summary This Expert Answer is to assist with developing a new anti-corruption strategy in the MENA region. In Revolutions sweeping across the Middle East and particular, the donor is interested in approaches it can North Africa (MENA) region during 2011 have shone take to reduce corruption in Egypt, Morocco, Jordan, light on widespread corruption, particularly political Tunisia and Libya. The aim is to pursue effective anti- corruption in the form of stolen assets by seemingly all corruption strategies in order to contribute to peace and the deposed leaders. There also has been widespread stability in the region. evidence of prolific patronage, nepotism, and collusion between the public and private sectors that has Content contributed to the heightened levels of civil unrest and public protests. 1. Corruption trends in the MENA region (2007 – 2011) The key anti-corruption indexes — namely Transparency International’s Corruption Perceptions 2. Country specific themes, issues and anti- Index, the Bertelsmann Foundation’s Transformation corruption reforms Index, Global Integrity’s Report, Freedom House’s 3.
    [Show full text]
  • Insights Into Regional Development
    ISSN 2669-0195 ONLINE http://doi.org/10.9770/IRD.2019.1.3 INSIGHTS INTO REGIONAL DEVELOPMENT Volume 1 Number 3 September 2019 http://jssidoi.org/jesi/ INSIGHTS INTO REGIONAL DEVELOPMNET ISSN 2669-0195 (online) http://jssidoi.org/IRD/ 2019 Volume 1 Number 3 (September) http://doi.org/10.9770/IRD.2019.1.3 Publisher http://jssidoi.org/esc/home Volume 1 Number 3 September 2019 INSIGHTS INTO REGIONAL DEVELOPMENT* * The journal was launched as a platform for dissemination of the project results, which has received funding from the European Union's Horizon 2020 research and innovation programme European Research Council (ERC) under the European Union's Horizon 2020 research and innovation programme Marie Sklodowska-Curie Research and Innovation Staff Exchanges ES H2020-MSCA-RISE-2014 CLUSDEVMED (2015-2019) Grant Agreement Number 645730730 INSIGHTS INTO REGIONAL DEVELOPMENT ISSN 2669-0195 (online) is a peer-reviewed journal, which publishes original research papers and case studies. It is international journal published cooperating with universities, social companies, consultancies and associations. It is published quarterly. Areas of research include, but are not limited to, the following: Conceptual/Practical Approaches and Methodologies towards Sustainable Regional Development Globalization, Internationalization and Solutions for Low-Carbon Economies of Scope or Scale Innovations and Technology Transfer Pilot Results Advancing Regional Development Information Technologies (IT) and Information Communication Technologies (ICT) for Regional
    [Show full text]
  • Morocco: an Emerging Economic Force
    Morocco: An Emerging Economic Force The kingdom is rapidly developing as a manufacturing export base, renewable energy hotspot and regional business hub OPPORTUNITIES SERIES NO.3 | DECEMBER 2019 TABLE OF CONTENTS SUMMARY 3 I. ECONOMIC FORECAST 4-10 1. An investment and export-led growth model 5-6 2. Industrial blueprint targets modernisation. 6-7 3. Reforms seek to attract foreign investment 7-9 3.1 Improvements to the business environment 8 3.2 Specific incentives 8 3.3 Infrastructure improvements 9 4. Limits to attractiveness 10 II. SECTOR OPPORTUNITIES 11-19 1. Export-orientated manufacturing 13-15 1.1 Established and emerging high-value-added industries 14 2. Renewable energy 15-16 3. Tourism 16-18 4. Logistics services 18-19 III. FOREIGN ECONOMIC RELATIONS 20-25 1. Africa strategy 20-23 1.1 Greater export opportunities on the continent 21 1.2 Securing raw material supplies 21-22 1.3 Facilitating trade between Africa and the rest of the world 22 1.4 Keeping Africa opportunities in perspective 22-23 2. China ties deepening 23-24 2.1 Potential influx of Chinese firms 23-24 2.2 Moroccan infrastructure to benefit 24 3 Qatar helping to mitigate reduction in gulf investment 24-25 IV. KEY RISKS 26-29 1. Social unrest and protest 26-28 1.1 2020 elections and risk of upsurge in protest 27-28 1.2 But risks should remain contained 28 2. Other important risks 29 2.1 Export demand disappoints 29 2.2 Exposure to bad loans in SSA 29 2.3 Upsurge in terrorism 29 SUMMARY Morocco will be a bright spot for investment in the MENA region over the next five years.
    [Show full text]
  • Wind Power Business in the Middle East and North Africa
    UNIVERISTY OF VAASA FACULTY OF TECHNOLOGY DEPARTMENT OF PRODUCTION Marhaf Kharat Halou WIND POWER BUSINESS IN THE MIDDLE EAST AND NORTH AFRICA Market Analysis through Supply Chain and Marketing Perspectives Master‟s Thesis in Economics and Business Administration Industrial Management VAASA 2012 2 FOREWORD Firstly, thanks God almighty for supporting me through all my life. Then I would like to thank my thesis Supervisor, Professor Petri Helo for his time and support which I cannot describe with words. I have personally learned a lot through the endeavor. I believe that our mission in life is to live in peace and harmony while as we develop innovations for making our lives easier without harming our environment. Renewable energy is the key for green future. I would like to thank my family members for supporting and believing in me; I would not have achieved any of this without their support. I would like to thank my friends and all Industrial Management group staff at university of Vaasa for their help and knowledge. I would like to thank Finland as a great country for offering this opportunity to develop my skills and to deepen my international life experiences and work experiences. Finally, I would like to express my special thanks to my dearest parents for making it possible to be where I am now but the true dedication should go to the Syrian revolution and its martyrs who taught us the true meaning of dignity and ambition. They were the real motivation for me to go ahead in my life and feel the need to improve myself, to prove that our youth can go beyond the barriers and restrictions, and to share a very small part of the success with those brave people who gave it all to our country.
    [Show full text]
  • Assessment of Anti-Corruption Law in Morocco and Some Proposed Amendments Bryane Michael, Linacre College
    When EU Law meets Arabic Law: Assessment of Anti-Corruption Law in Morocco and Some Proposed Amendments Bryane Michael, Linacre College Introduction .................................................................................................................................................... 2 Overview of Corruption in Morocco .............................................................................................................. 3 Policy and Legal Framework to Fight Corruption.......................................................................................... 7 The Anti-Corruption Agency, National Strategy and Action Plan ................................................................10 Legal Strategy: East Meets West in Morocco ...............................................................................................18 Conclusion.....................................................................................................................................................24 Appendix 1: Decree 2-05-1228 of the 13 march 2007 instituting the Central Agency of Prevention of Corruption .....................................................................................................................................................25 Appendix 2: Criminal Provisions against Corruption contained in the Moroccan Criminal Code................29 Summary This article reviews the present state of the adoption of anti-corruption legal provisions usually adopted in EU (or candidate) countries in Morocco. Morocco lags behind
    [Show full text]
  • PDF-Download
    Michaël Tanchum FOKUS | 8/2020 Morocco‘s Africa-to-Europe Commercial Corridor: Gatekeeper of an emerging trans-regional strategic architecture Morocco’s West-Africa-to-Western-Europe framework of this emerging trans-regional emerging West-Africa-to-Western-Europe commercial transportation corridor is commercial architecture for years to come. commercial corridor. The November 15, redefining the geopolitical parameters of 2018 inauguration of the first segment of the global scramble for Africa and, with Morocco’s Construction of an Africa-to- the landmark high-speed line was presi- it, the strategic architecture of the Medi- Europe Corridor ded over by King Mohammed VI himself, in terranean basin. By massively expanding conjunction with French President Emma- the port capacity on its Mediterranean Situated in the northwest corner of Africa, nuel Macron.2 Seven years in construction, coast, Morocco has surpassed Spain and is fronting the Atlantic Ocean on its western the $2.3 billion line was built as a joint poised to become the dominant maritime coast and the Mediterranean Sea on its venture between France’s national railway hub in the western Mediterranean. Having northern coast, the Kingdom of Morocco company Société Nationale des Chemins constructed Africa’s first high-speed rail line, historically has been a geographical pivot de Fer Français (SNCF) and its Moroccan Morocco’s extension of the line to the Mau- for interchange between Europe, Africa, state counterpart Office National des Che- ritanian border, will transform Morocco into and the Middle East. In recent years, the mins de Fer (ONCF). Outfitted with Avelia the preeminent connectivity node in the semi-constitutional monarchy has adroitly Euroduplex high-speed trains produced nexus of commercial routes that connect combined the soft power resources of by French manufacturer Alstom, the initial West Africa to Europe and the Middle East.
    [Show full text]
  • NH Final Thesis
    SOCIAL MARKETING AND THE CORRUPTION CONUNDRUM IN MOROCCO: AN EXPLORATORY ANALYSIS N. HAMELIN Ph.D. 2016 i SOCIAL MARKETING AND THE CORRUPTION CONUNDRUM IN MOROCCO: AN EXPLORATORY ANALYSIS NICOLAS HAMELIN A thesis submitted in partial fulfilment of the requirements of the University of East London for the degree of Doctor of Philosophy February, 2016 ii Abstract The modern world is characterised by socio-economic disruptions, civil unrests, and weakening of many societal institutions, amongst many other challenges to our social fabric. Therefore, scholars are increasingly scouring a wide variety of conceptual prisms to seek explanations and possible solutions to those problems contemporaneously manifesting themselves. The pervading force of corruption, across the globe, remains a major concern among nations, multilateral agencies, such as Transparency International, and more profoundly in major business and public policy discourses. For many developing countries, especially those with weak institutions, high levels of corruption are causatively associated with high levels of poverty, poor economic performance and under-development. Against this background, using the Kingdom of Morocco as a contextual base, this thesis explores the growing incidence of corruption, which has stunted the nation’s positive development, as well as its triggers, antecedents and consequences. Whilst the literature is replete with treatments of corruption across time and space, such treatments have focused on social and macroeconomic underpinnings but largely lack rigorous marketing-framed explorations. Following on from this lacuna, this thesis situates the treatment of corruption in Morocco within the conceptual frame of social marketing — a demonstrably robust platform for analysing societal issues and, indeed, a validated behavioural intervention model.
    [Show full text]
  • Global Lessons on Collective Action Against Corruption
    Policy Insights POLICY INSIGHTS . GLOBAL LESSONS ON COLLECTIVE ACTION CORRUPTION AGAINST ACTION COLLECTIVE ON LESSONS GLOBAL AGAINST CORRUPTION Global Lessons on THE CASE OF MOROCCO Collective Action Fighting corruption is increasingly becoming a business decision, leading companies to implement actions to strengthen business integrity. This, in turn, has led to the emergence of “collective” anti- Against Corruption corruption action, involving several companies in the same sector or field of activity banding together to promote greater business integrity on a voluntary basis. This type of collective action, The Case of Morocco alongside other legal, institutional and administrative reforms, can make a significant contribution to creating a healthier business climate for greater economic development. This report aims to facilitate the diffusion of collective action in the Middle East and North Africa region and beyond by highlighting factors for success and possible pitfalls in implementing collective action initiatives. In particular, this report reviews the pioneering experience of collective action in the health, transportation and energy sectors of Morocco. It presents the different stages of implementing such action to promote integrity and analyses the lessons learned. As such, this document provides practical guidance to companies wishing to launch collective action, as well as governments and representatives of civil society, who can facilitate and/or associate themselves with this action. This work was carried out within the framework of the project “Strengthening business integrity in Morocco”, supported by the Siemens Initiative for Integrity, which assisted Morocco in its determination to strengthen the integrity of companies and create a better environment for foreign investment, international trade and economic development.
    [Show full text]
  • Morocco's Power Sector Transition: Achievements and Potential
    Morocco’s Power Sector Transition: Achievements and Potential © 2015 IAI by Tayeb Amegroud 978-88-98650-29-3 SBN Paper produced within the framework of the IAI-OCP Policy Center partnership 2280-4341 | I SSN I ABSTRACT As the only North African country with no own oil resources, Morocco is the largest energy importer in the region. The country is faced with the challenging task of meeting rising RY 2015 RY local demand while keeping its import bill under control. A Against this backdrop, Morocco is pursuing an ambitious, cost- effective energy transition aimed at endowing the country with a sustainable, competitive and secure energy sector. This paper assesses the achievements and constraints facing the Moroccan energy system with a focus on the power sector, which is responsible for the transformation or production of more than half of the country’s primary energy. It also dwells ERs 15 | 05 - FebrU ERs on existing policies aimed at integrating the Moroccan energy AP market into the regional and Euro-Mediterranean energy systems by exploiting its strategic position at the crossroads NG P I between the Atlantic Ocean and the Mediterranean Sea. Morocco | Energy | Electricity keywords IAI WORK Morocco’s Power Sector Transition: Achievements and Potential Morocco’s Power Sector Transition: Achievements and Potential by Tayeb Amegroud* © 2015 IAI Introduction As the only North African country with no natural oil resources, Morocco is the largest energy importer in the region. The country is faced with the challenging task of meeting rising local demand while keeping its import bill under control. This has proven to be a major problem as consumption figures and global commodity prices have increased, putting particular pressure on the country’s finances.
    [Show full text]
  • Casablanca, Morocco
    CASABLANCA, MOROCCO Arrive: 0800 Thursday, 18 April Onboard: 1800 Sunday, 21 April Brief Overview: Exotic Morocco is an intoxicating blend of sights, smells, and sounds. In Casablanca, the Hassan II Mosque (inaugurated in 1993) is the largest in the world after Mecca. The bazaars and kasbahs are fascinating to experience, and Moroccan cuisine is considered by many to be some of the best in the world. Spend an evening or a couple of days with a family to really understand the culture and the people of this intriguing country. Nearby: Rabat, an elegant, modern capital city, offers visitors a view of the historic grandeur and cultural diversity of Morocco with a smaller, more relaxed kasbah and medina. Participate in half day or full day trips such as CAS25 or CAS35. Fes: The old-town Medina of Fes will transport the visitor to another century. Citizens still gather at the local well for water, apothecary carts on the streets offer medicinal treatments, and vast open leather-dying pits are a sight to behold. Visit Meknes and explore the best-preserved Roman ruins in Morocco at Volubilis. Marrakech: The city of Marrakech is a hub of activity with an intriguing Medina and bazaar itself. It also serves as the inland base for adventures ranging from Camel Riding in Palm Groves; visiting a Nomad Camp in the mountains; a treasure hunt/zipline adventure; or the beautiful Ourika Valley. Suggested short-cuts to simple planning: Register for the following “bundles” of trips based on your interests. Art and Architecture: Nightlife: CAS 100-101 Casablanca
    [Show full text]
  • MOROCCO © 2019 African Development Bank Group All Rights Reserved
    COUNTRY RESULTS BRIEF 2019 MOROCCO © 2019 African Development Bank Group All rights reserved. Published November 2018 African Development Bank Group COUNTRY RESULTS BRIEF 2019 – Morocco The views expressed in this book are those of the authors and do not necessarily reflect the views and policies of the African Development Bank (the Bank), its Board of Governors, its Board of Directors or the governments they represent. The Bank and its Board of Directors do not guarantee the accuracy of the data included in this publication and accept no responsibility for any consequence of their use. By making any designation of or reference to a particular territory or geographic area, or by using the term “country” in this document, The Bank does not intend to make any judgments as to the legal or other status of any territory or area. The Bank encourages printing or copying information exclusively for personal and non-commercial use with proper acknowledgment of AfDB. Users are restricted from reselling, redistributing, or creating derivative works for commercial purposes without the express, written consent of the Bank. Note: In this report, “$” refers to US dollars. African Development Bank Group Avenue Jean-Paul II 01 BP 1387 Abidjan 01, Côte d’Ivoire CONTENTS THE FIRST CLIENT OF THE AFRICAN DEVELOPMENT BANK 1 CROSS-CUTTING AND STRATEGIC AREAS 4 LIGHT UP AND POWER MORROCO 9 Coming out of energy dependence 9 Executive summary 1 Becoming a pioneer in the development of clean energies 10 Partnering to reach middle-income status by 2025 3 An innovative
    [Show full text]