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Tag: European Bank for Reconstruction and Development
Morocco: EBRD and EU Support Women-led businesses with €20 Mln Funding
The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) have partnered with Moroccan bank for Commerce & Industry (BMCI) to support ... Read More
EBRD backs Morocco’s efforts to speed up green energy transition
The European Bank for Reconstruction and Development (EBRD) is joining efforts with Moroccan Ministry of Energy Transition & Sustainable Development to accelerate the decarbonization of ... Read More
EBRD Forecasts 3.1 % Growth in Morocco in 2023
Economic growth in Morocco is expected to pick up to 3.1 per cent in 2023, announced on Tuesday by the European Bank for Reconstruction and ... Read More
Egypt in talks with five financial institutions to finance Aswan-Toshka railway project
Egypt is negotiating with five international financial institutions funding for planned Aswan-Toshka railway project linking the Arab republic to neighboring Sudan, reports say. The European ... Read More
EBRD grants Tunisia €49m for water projects
The European Bank for Reconstruction and Development (EBRD) announced Tuesday the allocation of €49 million in form of credit facility to finance water projects in ... Read More
BERD lends Tunisia €300m earmarked for energy stabilization during pandemic
The European Bank for Reconstruction and Development (EBRD) is providing a €300 million financing package to Société Tunisienne de l’Electricité et du Gaz (STEG) to ... Read More
Morocco Wants to Promote Green Banking in Africa
Morocco, host country of COP22 in Marrakech November 7-18 and gate for investments in Africa, is busy working to encourage international financial institutions to support ... Read More
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 ... Read More
Morocco Pledges to Reduce GHG Emissions 30 pc by 2030
Morocco, which will host 22nd UN Conference on climate changes (COP22), has submitted its Intended Nationally Determined Contribution (INDC) to address climate change to United ... Read More
Morocco’s Port of Nador Gets BERD Financial Support
The European Bank for Reconstruction and Development (EBRD) has announced a €200 million loan to state-owned “Société Nador West MED” to enable it finance the ... Read More