Europe Finance Headlines International Morocco

EBRD supports three Moroccan enterprises with €300 Million loans

The European Bank for Reconstruction and Development (EBRD) has mobilized €300 million worth of loans for the benefit of three public enterprises in Morocco. The National Airports Office (ONDA), the National Company of Highways of Morocco (ADM), and the National Office for Electricity and Drinking Water (ONEE) are set to benefit from the loans destined […]

Business Headlines Morocco

Covid-19 costs five major Moroccan public enterprises over $600 mln

The restrictive measures to slow the outbreak of the coronavirus ensued revenue losses estimated at $600 million for five Moroccan state-owned enterprises. These include flag carrier RAM, which loses up to $100 million per month, national electricity and water utility with $44 million, airports agency with $30 million, rail operator ONCF with $28 million and […]