Europe Finance Headlines International Morocco

EIB supports Morocco’s railway infrastructure upgrading with €200 Mln loan

The European Investment Bank (EIB) and the Office National des Chemins de Fer (ONCF) have signed on Wednesday a €200 million (2.1 billion dirhams) financing contract, which represents 80% of a total sum of €250 million earmarked by the European financial institution to support ONCF’s investment plan. The ONCF’s investment plan aims to renew the […]

Headlines Morocco

Morocco Carries on Development of Railway Infrastructure

After the launch Thursday of Al Boraq TGV, a flagship project in the development of Morocco’s transport infrastructures, other related large-scale projects were launched or inaugurated this Saturday afternoon by King Mohammed VI. These structuring projects aim to support the development of the railway sector, improve comfort aboard trains, ensure a smooth flow of traffic […]