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France to finance two projects in Niger worth 22 million euros

France’s development agency, AFD, and Niger have inked a financing agreement for two projects worth 22 million euros in the African country. The first project focusing on household food security, will benefit from a 10 million euros subsidy to support the most vulnerable households by improving their food security. Local NGO Karkara and the national […]

Africa International

France to build 500 classrooms in Gabon to help address overcrowding challenges

France’s development agency, Agence Française de Developpement (AFD), will build 500 school classrooms across Gabon for a total investment of 154 million euros in a bid to help address the issue of overcrowding of schools in the central African country, Gabon Actu reports. Marie Sennequier, Director of the agency in Gabon, during a press conference […]

Europe Finance Headlines International Maghreb Morocco

French €51 million loan to improve access to drinking water in northern Morocco

L’Agence Française de Developpement will extend Morocco a loan of €50 million and a subsidy of €1 million to secure access to drinking water in the Northern provinces of the Kingdom. The related agreement was signed Wednesday in Rabat by the French Development Agency (AFD) and the National Office of Electricity and Water (ONEE). The […]

Energy Finance Headlines Morocco

BMCE Bank of Africa Gets €35 Mln Loan for Energy Efficiency Projects

Moroccan bank BMCE Bank of Africa and its leasing subsidiary Maghrebail received a €35 million loan granted by the European Bank for Reconstruction and Development (EBRD), Agence Française de Développement (AFD) and the European Investment Bank (EIB). The three financial institutions are teaming up to strengthen sustainable energy measures in Morocco, with the support of […]