Tag: AFD

France’s AFD to inject €100m in wholesale market project in Egypt

October 4, 2021

France’s development agency AFD will pump €100 million into the establishment and management of a wholesale market in Egypt next year. The market will be ... Read More

AFD supports social, solidarity economy in Morocco with a €1.5 million grant

April 3, 2021

The French Development Agency (AFD) has agreed to provide a €1.5 million (MAD 16 million) grant to the Moroccan Ministry of Tourism, Air Transport, Handicrafts ... Read More

WB lends Morocco $250 mln to finance innovative agricultural projects

December 17, 2020

The World Bank said it has approved a $250 million loan in support of Morocco’s Green Generation plan that aims at doubling agricultural output by ... Read More

AFD supports Casablanca tramway company with €100 Mln loan

November 3, 2020

The Casablanca tramway company announced on Monday it secured a €100 million loan from the French Development Agency (AFD) for the building of two new ... Read More

French AFD supports development of Moroccan ports with a €100 million loan

July 3, 2020

The French Development Agency (AFD) will extend the Moroccan National Ports Agency (ANP) a loan worth €100 million loan (MAD 1.1 billion) destined to improve ... Read More

AFD lends Morocco €100 Mln to support local development

May 5, 2020

The French Development Agency (AFD) has lent lately Morocco €100 million to enhance the performance of local councils, boost local socioeconomic development and improve community ... Read More

Morocco, France seal a dozen agreements; AFD extends €150 Million loan for Youth Economic Integration

December 21, 2019

The 14th France-Morocco high level meeting held in Paris Thursday was marked by the signing of a dozen agreements intended to give a new dynamic ... Read More

French Agency Extends Morocco €50 million Loan to improve Water Supply

December 25, 2018

The French Development Agency (AFD) will extend the Moroccan Electricity and Drinking Water facility (ONEE) a €50 million loan to help it implement a program ... Read More

Morocco’s BCP Secures Funds to Upgrade Business Financing in West Africa

June 29, 2018

The Central People's Bank of Morocco (BCP) has secured funds from Proparco and the African Development Bank, destined to upgrade its business financing in West ... Read More

Morocco 1st Green Bond Gets €135 Mln International Financial Support

June 23, 2017

IFC, a member of the World Bank Group, and Proparco, a subsidiary of Agence Française de Développement (AFD), are investing €100 million and €35 million, ... Read More