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Keywords: EBRD


EBRD enhances green finance in Morocco with €70 million loan to Bank of Africa

The European Bank for Reconstruction and Development (EBRD) has made a significant move to bolster green finance in Morocco by providing a €70 million loan to Bank of Africa (BOA). This strategic partnership, announced recently, aims to promote sustainable lending practices within the Moroccan private......

Aya Gold & Silver secures $25 million loan for Morocco mining expansion

Aya Gold & Silver has secured final approval from the European Bank for Reconstruction and Development (EBRD) for a $25 million secured credit facility. This funding will be directed towards the development of the Boumadine polymetallic project, enhancing the company's financial flexibility as......

EBRD invests $25 million in Dislog Group to bolster Moroccan economy

The European Bank for Reconstruction and Development (EBRD) has announced a significant $25 million equity investment aimed at supporting Dislog Group in Morocco. This strategic financing initiative seeks to fortify the company’s capital structure while advancing its mergers and acquisitions strategy,......

EBRD and partners extend €65 million green financing to BMCI

BMCI is set to become the first bank in Morocco to receive a comprehensive €65 million Green Economy Financing Facility (GEFF) Plus package, marking the EBRD’s fifth partnership with the institution since Morocco became an investee economy in 2012. The European Bank for Reconstruction and......

Morocco's Rise as a Leading Fruit and Vegetable Exporter

Morocco has established itself as a formidable player in the global fruit and vegetable export market, recently recognized by EastFruit as one of the three fastest-growing agricultural exporters worldwide. In contrast to other nations grappling with climate challenges, Morocco’s innovative agricultural......

EBRD, EU, and Finéa collaborate to revitalize small businesses after Al Haouz earthquake

The European Bank for Reconstruction and Development (EBRD) has joined forces with the European Union (EU) and the Moroccan financing institution Finéa to provide essential support to small businesses in regions impacted by the devastating Al Haouz earthquake. On September 8, 2023, a powerful......

Moroccan railways secure 2bn dirham green funding

The National Railway Office of Morocco (ONCF) has successfully completed a landmark green bond issuance of 2 billion dirhams (MMDH), marking a significant step toward its 2035 carbon neutrality goal. This latest financial operation, managed by CDG Capital, garnered exceptional market interest with a......

Moroccan enterprises launch innovative AI training program for 1,000 small businesses

The General Confederation of Moroccan Enterprises (CGEM) has unveiled a groundbreaking initiative called "Generation AI: Boosting 1000 Moroccan SMEs" in collaboration with the European Bank for Reconstruction and Development (EBRD) and LinkedIn. The program aims to support 1,000 small and......

€20 million EU-backed loan boosts young entrepreneurs in Morocco’s earthquake-hit regions  

The European Bank for Reconstruction and Development (EBRD), in collaboration with the European Union (EU), has announced a €20 million loan to support young entrepreneurs in Morocco. The funding, provided in local currency, will primarily target micro, small, and medium-sized enterprises (MSMEs)......