Europe Finance Headlines International Morocco

EIB pledges €1 Bln support for Morocco’s post earthquake reconstruction

The European Investment Bank has pledged to lend Morocco €1 billion over the next three years to support the country’s efforts to rebuild the public infrastructures affected by the powerful & deadly earthquake that hit Al Haouz region on Sept.08, 2023. The first tranche of the loan (€ 500 million) was signed lately in Rabat […]

Emerging Markets Europe Finance Headlines International Morocco

Morocco: EU approves €177 Mln assistance for post-earthquake reconstruction

The European Commission has approved a €177 million assistance for Morocco within the frame of the Integrated Program for the reconstruction and comprehensive upgrade of the disaster areas (2024-2028), which was drawn up by Moroccan authorities following the earthquake that struck Al Haouz on 8 Sept. 2023. Furthermore, in a joint effort between the EU […]