African Development Bank Raises MAD 1 Billion in Morocco

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The African Development Bank recently issued its first dirham-denominated bond in Morocco, raising MAD 1 billion to support development financing.

The African Development Bank recently issued its first dirham-denominated bond in Morocco, raising MAD 1 billion to support development financing. Investment advisers, banks and financial consultants can explore local-currency financing, investment structuring and development-project opportunities.

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