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Morocco-EBRD: Launch of Green Economy Financing Facility II
The European Bank for Reconstruction and Development (EBRD) launched this week in Casablanca the Green Economy Financing Facility Morocco II (GEFF II), a credit line facility of €163.5 million. Green Economy Finance Facility Morocco II (GEFF II) is a €163 million financing line set up by the European Bank for Reconstruction and Development (EBRD) with […]
AfDB Lends €100 Mln to Gotion Power Morocco for Africa’s 1st Lithium Ion Phosphate Battery Gigafactory
The African Development Bank Group has approved a €100 million loan to Gotion Power Morocco for the establishment of an integrated cathode-to-cell lithium iron phosphate (LFP) battery gigafactory in the Rabat-Salé-Kénitra Free Trade Zone. The Bank also plans to mobilize up to an additional €141 million from financial partners to support the implementation of this […]
Boualem Sansal faces 10-year prison sentence in Algeria
French-Algerian writer who was arrested for his views faces a 10-year in jail sentence and a fine of 6887 euros on the charge of terrorism and subversive acts, in a trial denounced by rights activists as political and retaliatory. Sansal was arrested in November right after landing from France where he gave an interview mentioning […]



