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EBRD Prepares €350 Million in Loans for Morocco’s ONEE and ONDA
The European Bank for Reconstruction and Development is preparing two structurally significant financing operations for Moroccan public enterprises, totaling up to €350 million. The first, a €250 million loan to the National Electricity and Water Office (ONEE), is designed to support a performance improvement program for the country’s drinking water distribution network. The second, a […]
Fez-Meknes secures vice-presidency in African-Francophone Business Alliance
Morocco’s economic diplomacy scored a significant victory as Hamza Benabdellah, President of the Fez-Meknes Chamber of Commerce, Industry and Services, was elected Vice-President of the Permanent Conference of African and Francophone Consular Chambers (CPCCAF) during the organization’s 49th General Assembly in Fez. The statutory meeting, coinciding with the 5th Fez-Meknes Economic Forum, also saw Youssouf […]
AfDB releases $1.5 billion to avert food crisis in Africa
The African Development Bank (AfDB) has released a global aid package of $1.5 billion to prevent a food crisis on the African continent due to the Ukraine-Russia conflict. “This plan of 1.5 billion dollars will be used to help African countries to produce food and to do it quickly,” said AfDB President Akinwumi Adesina, before […]



