EBRD, GCF, EU & Canada support Morocco’s green funding with €70 Mln Loan

The European Bank for Reconstruction and Development (EBRD), the Green Climate Fund (GCF), the European Union, and Canada through the EBRD’s High-Impact Partnership on Climate Action (HIPCA) have agreed to provide Moroccan Bank of Africa a €70 million loan destined to boost access to green finance for private sector and promote capacity building for women-led […]

Morocco: BCIJ arrests ISIS supporter in coordination with intelligence services and U.S. law enforcement agencies

Morocco’s Central Bureau of Judicial Investigation (BCIJ) arrested a 24-year-old ISIS supporter in Sale, Rabat’s twin city, Thursday. The suspect was plotting terror acts across Morocco and had connections with another ISIS member, the BCIJ said in a statement released Friday evening. This arrest is the result of bilateral cooperation relations and close coordination between […]

EBRD & Climate Technology Fund support repowering wind farm in Morocco

The European Bank for Reconstruction and Development (EBRD) co-finances the repowering of the Koudia Al Baida wind farm in the north of Morocco. The EBRD is providing a senior loan of up to €44 million to the Koudia Al Baida Energy Company S.A., owned by the Moroccan Agency for Sustainable Energy (MASEN) and EDF Renewables. […]