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Tag: EBRD
EBRD forecasts moderate growth rise for Tunisia and Egypt in 2025
The European Bank for Reconstruction and Development (EBRD) has adjusted Egypt’s economic growth projection upward, anticipating a 4% increase in FY2024/2025, indicating a positive recovery ... Read More
Moroccan economy, boosted by manufacturing & tourism, to expand 2.9% in 2024 (EBRD)
Morocco’s economy is expected to grow by 2.9% in 2024, driven by a resurgence in manufacturing and tourism, according to the European Bank for Reconstruction ... Read More
EBRD supports Morocco’s automotive sector with €15 Mln funding
The European Bank for Reconstruction and Development (EBRD) has approved a €15 million loan to Moroccan car equipment supplier, Tuyauto, which produces stamped metal components, ... Read More
EBRD promotes energy transition in Morocco’s mining sector with €13.6Mln Loan
The European Bank for Reconstruction and Development (EBRD) on Tuesday reaffirmed its support for Morocco's energy transition by providing a €13.6 million loan to PROCANEQ, ... Read More
EBRD supports Morocco’s manufacturing with €45.5 Mln funding
The European Bank for Reconstruction and Development (EBRD) announced on Wednesday a €45.5 million loan to Eczacıbaşı Consumer Products Maroc (ECP Maroc) to enable the ... Read More
EBRD expects Morocco’s growth to reach 3 % in 2024 and 3.6 % in 2025
The European Bank for Reconstruction and Development (EBRD) expects Morocco’s economic growth to reach 3 per cent in 2024, before rising to 3.6 per cent ... Read More
EBRD adopts new country strategy for Morocco
The European Bank for Reconstruction and Development (EBRD) has approved a new strategy for Morocco for the 2024-2029 period after consultation with Moroccan authorities, the ... Read More
EBRD invests over €400 million in Morocco’s water sector, says Local director
EBRD's Head for Morocco Antoine Sallé de Chou announced on Thursday at the Mohammed VI Polytechnic University (UM6P) in Salé that the European Bank for ... Read More
EBRD to invest $75m in HAU Energy BV to back 1.1 GW Gulf of Suez wind farm in Egypt
The European Bank for Reconstruction and Development, EBRD, has committed to a provisional equity investment of up to $75 million in HAU Energy BV, a ... Read More
Morocco: EBRD lends €12 Mln to Guelmim-Oued Noun Saharan Region for water project
The European Bank for Reconstruction and Development (EBRD) has approved a €12 million loan for Guelmim-Oued Noun Saharan region to enable it improve drinking water ... Read More