Tag: KfW

Morocco, Germany’s KfW ink financing deals

December 27, 2023

Morocco and the German Development Bank (KfW) on Wednesday formalized three loan agreements totaling 250 million euros and two grant agreements amounting to 7 million ... Read More

KfW supports Morocco’s financial system reform with €165 Mln funding

November 24, 2022

German Development Bank (KfW) has pledged to provide Morocco €165 million funding to continue reforming its financial system which has shown resilience to external shocks. ... Read More

Germany’s KfW lends Morocco €30 mln for water projects

October 8, 2020

German development bank KfW offered a €30 million loan to Morocco’s water and electricity agency (ONEE) to finance water supply projects in rural areas. The ... Read More

German KfW supports Morocco’s drinking water supply & sanitation sector with €55.5 million

December 6, 2019

The German reconstruction bank, Kreditanstalt für Wiederaufbau (KfW), is supporting the drinking water Supply and Sanitation sector in Morocco with €55.5 million. Under a financing ... Read More

King Mohammed VI Launches Final Stage of World’s Largest Solar Plant

April 2, 2017

Morocco has bolstered its leadership in renewable energies with the inauguration of the fourth and final stage of the Noor Solar plant complex in Ouarzazate ... Read More

Tunisia: Foreign countries & institutions pledge 34 billion TND to revive the economy

December 1, 2016

Tunisian authorities are on cloud nine as expectations for “Tunisia 2020” international forum seem to be met with 34 billion dinars investment including 15 billion ... Read More

Saudi Arabia’s ACWA Power, China’s Chint Group to Build Three Solar Plants in Morocco

November 19, 2016

The Moroccan Agency for Solar Energy (MASEN) has selected Saudi Arabian power engineering firm ACWA Power and China’s Chint group to set up three solar ... Read More

Egypt Gets $ 6.3 Bln German Financial Support for Power Projects

November 23, 2015

The Egyptian government has obtained a German financial support for three power projects to be carried out under the supervision of German group Siemens, through ... Read More