North Africa Post
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Europe Finance Headlines International Morocco

EBRD Supports Morocco’s Green Economy with €20 Mln Loan

North Africa Post

The European Bank for Reconstruction & Development (EBRD) has approved a €20 million loan to Moroccan Bank “Crédit du Maroc” to boost green investment of SMEs and contribute to the development of value chains in the North African Kingdom.   The EBRD funds will be extended as sub-loans to local SMEs that plan to invest […]
Europe Headlines International Libya Maghreb

Libya: President Macron to meet with Haftar in a push for ceasefire

North Africa Post

France Tuesday announced President Emmanuel Macron wants to meet with Khalifa Haftar whose eastern Libyan National Army has been fighting to control capital Tripoli, few days after UN-backed Government of National Accord (GNA) leader asked the French leader to press the rebel general to cease his offensive. Khalifa Haftar launched an offensive on Tripoli early […]
Business Headlines Morocco

Morocco’s ONCF Awards Alstom €130 Mln Contract For 30 Electric Locomotives

North Africa Post

French train manufacturer Alstom has won a €130 Mln contract awarded by Moroccan National Railway Operator ONCF for the purchase of 30 electric Prima locomotives. The ONCF had launched in March 2017 an international tender for this project. Alstom pledges to ensure service and maintenance of the 30 Prima M4 locomotives after their delivery. The […]