Headlines Morocco

ONEE Launches 365 Million Dirham Project to Secure Drinking Water Supply in Khouribga Province

Morocco’s National Office for Electricity and Drinking Water (ONEE) has launched a major infrastructure program to reinforce and secure the drinking water supply of Khouribga and the surrounding area. The total investment across all project components amounts to 365 million dirhams. The launch ceremony was presided over by ONEE Director General Tariq Hamane and Khouribga […]

Emerging Markets Europe Finance Headlines International Morocco

Morocco’s ONEE, Germany’s KfW seal €50 Mln loan deal to finance drinking water supply program

The German Agency for International Cooperation (GIZ), through KfW, will grant Morocco’s National Office of Electricity and Drinking Water (ONEE) a €50 million loan destined to finance a climate-resilient drinking water supply program. The program is aimed at securing and reinforcing drinking water supply in several towns, including Ghafsai, El Hajeb, Ain Legdah, Bouderbala, Souk […]

Africa Business Finance Headlines International Morocco

AfDB contributes to sustainability, security of drinking water supply in Morocco with €18 Mln financing

Morocco’s National Office of Electricity and Drinking Water (ONEE) and the African Development Bank (AfDB) signed an additional €18 million financing agreement to ensure the sustainability and security of drinking water supply in several regions of the Kingdom. This additional financial assistance will contribute, with the €115 million loan already mobilized in 2018, to finance […]

Business Headlines Morocco

Morocco’s rural world: Electrification rate, drinking water supply near 100%

The 7.1 billion dirham ($800 million) investments injected by the National Office for Electricity and Potable Water (ONEE) in 2020 made it possible to improve the electrification rate of the rural world to 99.78 % and the rate of drinking water supply to 97.8%.   The investments enabled to ensure a normal and regular supply […]