First Independent Mena Newspaper
The European Bank for Reconstruction & Development (EBRD) announced Wednesday the extension of its program “Women in Business” in Morocco to the region of Tangier, Tétouan-Al Hoceima and Oriental in the north of the country. The region has a high concentration of women-led businesses in the medical, retail and service sectors. The expansion of the […]
Vice President of the European Bank for Reconstruction & Development, Alain Pilloux, starts this Monday a three-day working visit to Morocco for meetings with government officials and businesses. The visit confirms the EBRD’s commitment to boost Morocco’s economic potential through investment projects and policy engagement. “It shows our continued support for the Moroccan economy, through […]
The European Bank for Reconstruction & Development (EBRD) is supporting Moroccan automotive sector with a €7.5 million loan to Tuyauto Gestamp Morocco, a greenfield joint venture producer of metal automotive parts owned by Gestamp Automocion (Spain) and Tuyauto (Morocco). The funds will finance the first phase of Tuyauto Gestamp Morocco’s operations in the welding and […]
The European Bank for Reconstruction & Development has unveiled its strategy for Tunisia for the period 2018 to 2023. Through this strategy, the Bank pledges to support competitiveness of Tunisian companies by opening markets and strengthening governance. The EBRD country strategy also seeks to promote economic inclusion for women, young people and populations living in […]
Public funding alone is not enough to achieve the Sustainable Development Goals (SDGs) said participants in the Global Forum organized Tuesday in Marrakech by the European Bank for Reconstruction & Development (EBRD), FAO and EU. They also called on international financial institutions to leverage private investments to tackle global challenges in food and agriculture. The […]
The European Bank for Reconstruction and Development (EBRD) has announced a €4.3 million loan to Moroccan packaging company Multisac SA, which specializes in the production of woven polypropylene bags. It is the first local company benefitting from EBRD’s and EU’s Trade and Competitiveness Program, which aims to improve value chains and make businesses more competitive […]
Moroccan women entrepreneurs have received a huge boost from the European Bank for Reconstruction and Development (EBRD), which has just launched a program to help them unleash their potential and contribute to their country’s economy. Dubbed EBRD’s “Women in business program”, this initiative is supported by European Union and Moroccan banks: BMCE Bank of Africa […]
The European Bank for Reconstruction & Development (EBRD), backed by the EU, will launch its Women’s Business Program in Morocco Sept.18. This initiative encourages women entrepreneurship for inclusive growth and supports women entrepreneurs looking for adequate access to finance and business training. EBRD works with women-led small and medium-sized enterprises (SMEs) to help promote women’s […]
The European Bank for Reconstruction and Development (EBRD) announced Friday a €16 million loan to Varroc Lighting Systems Morocco, the Moroccan subsidiary of the Indian motor industry’s lighting systems giant, Varroc Engineering Pvt Ltd. The loan will allow Varroc Engineering to supply the Tangier Renault factory and the Peugeot PSA plant in Kenitra, as well […]
The European Bank for Reconstruction & Development (EBRD) announced Wednesday a $44 million loan for the Egyptian dairy and juice producer, Beyti. The money will enable the company to refinance existing short-term loans with a longer tenor loan more suitable for its investment and development phase. The EBRD loan will also help the Egyptian company […]