First Independent Mena Newspaper
The African Development Bank has provided Morocco’s OCP Group three loans totaling 188 Million U.S. dollars for green projects planned by the world’s leading producer of phosphate fertilizers. The loan agreements were inked Monday in Rabat by Ousmane Fall, director of Industrialization & Trade Development at AfDB and Karim Lotfi Senhadji, OCP Chief Financial Officer […]
The African Development Bank Group, AfDB, has greenlighted a partial credit guarantee of $345 million to Egypt for the financing of green and social projects, reports say. Egypt expects to use the credit guarantee to raise the equivalent of $500 million in the Chinese Yuan denominated Panda Bond market, issued by foreign borrowers, Egypt Today […]
The green projects launched by Moroccan enterprises will receive support from the European Bank for Reconstruction and Development (EBRD). In this respect, a Memorandum of Understanding was signed in Rabat by Moroccan Minister of Economy and Finance Mohammed Boussaid, and EBRD Vice President Pierre Heilbronn, who is on visit to Morocco from 24 to 29 […]