Africa Energy Finance Headlines Morocco

AfDB, OCP Group Seal €450 Mln Green Financing Deal

The African Development Bank (AfDB) Group and OCP Group signed an agreement on Friday in Rabat for a €450 million partial credit guarantee to help finance the investment program of the global leader in plant nutrition solutions and phosphate fertilizers. This operation is intended to support the mobilization by Société Générale and BNP Paribas of […]

Emerging Markets Energy Finance Headlines International Morocco

Morocco secures green financing through Sustainable Land Fund

Morocco has emerged as a key beneficiary of the Mirova Sustainable Land Fund 2 (MSLF2), a €363 million impact investment initiative targeting sustainable agricultural and forestry management across seven countries, reinforcing the Kingdom’s leadership in Africa’s ecological transition. The fund, launched by Mirova—a Natixis Investment Managers affiliate—with strategic support from the Green Climate Fund, addresses […]

Business Energy Europe Finance Headlines International Morocco

Green Financing tops EBRD’s 2021 investments in Morocco

The European Bank for Reconstruction and Development’s (EBRD) injected €211 million in 10 projects carried out in Morocco in 2021. More than half of the total investment funded green projects. Through its Green Economy Financing Facility (GEFF) and the Green Value Chain Program, the EBRD provided a total of €88 million to partnering banks to […]