maroc senegal

France Loans Morocco €128 million to buy Locomotives

France granted a 128 million euro loan to fund the locomotives that Morocco’s national railway operator (ONCF) plans to purchase as part of its development program. The loan will boost the ONCF shift to electric railway in line with Morocco’s environmental commitment. ONCF posted a net profit of 223 million Dirhams in 2016, up 31% […]

EBRD supports Morocco’s manufacturing with €45.5 Mln funding

The European Bank for Reconstruction and Development (EBRD) announced on Wednesday a €45.5 million loan to Eczacıbaşı Consumer Products Maroc (ECP Maroc) to enable the Moroccan subsidiary of Turkish group Eczacıbaşı Consumer Products (ECP) to acquire Jeesr, a leading manufacturer of tissue paper products in Morocco. This is the Bank’s first cross-border acquisition financing package […]

Algeria has responsibility to guarantee humanitarian access to Tindouf Camps

Morocco has underlined Algeria’s responsibility, as host country, to guarantee safe and unrestricted humanitarian access to the Tindouf camps and to allow free registration of the populations sequestered in the camps, in accordance with its obligations and the provisions of international humanitarian law. This was outlined in a speech delivered by Morocco’s Permanent Representative in […]