Advertising

Keywords: Reconstruction


EBRD invests $25 million in Morocco’s Boumadine mine to boost exploration

The European Bank for Reconstruction and Development (EBRD) has announced a $25 million loan to Canadian mining company Aya Gold & Silver Inc., aimed at advancing the exploration of the Boumadine polymetallic mine in Morocco’s Drâa-Tafilalet region. This marks a significant step in the......

Morocco launches WE Finance Code to empower women entrepreneurs

Morocco has taken a bold step in promoting women’s economic empowerment through the launch of the WE Finance Code initiative. Spearheaded by Bank Al-Maghrib (BAM), the European Bank for Reconstruction and Development (EBRD), and the International Finance Corporation (IFC), the initiative aims to......

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,......

Morocco champions sustainable peace and development at IPU assembly

Morocco has emerged as a regional leader in conflict mediation and post-conflict reconstruction, presenting an inspiring model for sustainable peace. This was prominently showcased at the 150th Assembly of the Inter-Parliamentary Union (IPU) in Tashkent, Uzbekistan, where Mustapha Reddad, a member of......

Egypt and Palestine explore avenues for a Gaza ceasefire

In a significant diplomatic meeting held in Cairo, Egyptian Prime Minister Moustafa Madbouli and Palestinian counterpart Mohamed Mustafa discussed the critical developments in the MENA region and the ongoing efforts to establish a ceasefire in Gaza, alongside initiatives for reconstruction. Madbouli......

Al Haouz earthquake recovery: Government updates on reconstruction efforts

The reconstruction efforts following the Al Haouz earthquake have made significant strides, with over 33,600 families having completed the reconstruction of their homes. Currently, 52,669 residences remain under construction. The government highlights notable advancements across various sectors, including......

Major European powers endorse Arab-led Gaza reconstruction plan

Four of Europe’s most influential nations—Germany, France, the United Kingdom, and Italy—issued a joint statement on Saturday expressing their support for the Arab-led reconstruction plan for Gaza. This initiative, aimed at addressing the dire living conditions of the 2.4 million inhabitants......