The European Bank for Reconstruction and Development has approved loans totaling €50 million to two Moroccan banks, namely “Crédit du Maroc” and “Société Générale Maroc” (SGMB), destined to boost Morocco’s green transition. The loan agreements were signed at the EU-Africa Business Forum in Brussels, co-organized by the European Commission, the African Union Commission, and African […]
Tag: EU-Africa Business Forum
EBRD contributes €12 million for setting up an automotive testing center in Morocco
The European Bank for Reconstruction and Development (EBRD) is strengthening the competitiveness of the private manufacturing and service sector in Morocco with a €12 million loan to Morocco Mobility and Automotive Centre (ATC), a Moroccan company involved in automotive testing. EBRD said in a statement that the funds will help ATC acquire equipment to set […]
EU-Africa Business Forum Focuses on Job Creation for Youth
The 6th EU-Africa Business Forum held Monday in Abidjan, Côte d’Ivoire, host country of the 5th African Union-European Union Summit, focused on “investing in job creation for youth”. It also looked at the challenges and opportunities for investment in Africa along four strategic priorities of the EU-Africa cooperation, such as renewable energy, agribusiness, infrastructure and […]


