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Keywords: EBRD


Morocco's Q3 2024 Economic Pulse: Industrial Boom Offsets Agricultural Decline

Morocco's economy showed resilience in the third quarter of 2024, with growth reaching 2.8%, up from the 2.4% average recorded in the first half of the year. This uptick, reported by the High Commission for Planning (HCP), stems from a continued recovery in domestic demand and a robust increase in......

EBRD's $40 Million Boost: Catalyzing Growth for North African Enterprises

In a significant move to bolster economic development across North Africa, the European Bank for Reconstruction and Development (EBRD) has announced a substantial $40 million investment in the newly established SPE REF III fund. This strategic financial injection, revealed on Thursday, underscores the......

Morocco's Economic Resurgence: Steady Growth Amid Adversity

Morocco's economy has showcased remarkable resilience, defying daunting challenges and steering towards sustained prosperity. The European Bank for Reconstruction and Development (EBRD) has expressed confidence, projecting a robust annual growth rate of 3% for the North African nation in 2024. This......

SDX Energy Secures Substantial Cash Infusion, Fueling Moroccan Ambitions

SDX Energy, a London-based energy firm, has taken a significant step towards strengthening its presence in Morocco with the receipt of a substantial cash infusion from the sale of its Egyptian assets. An initial $3.5 million from the sale of its West Gharib assets in Egypt has provided a financial boost,......

EBRD Unveils Strategy for Morocco's Inclusive and Sustainable Economic Growth

The European Bank for Reconstruction and Development (EBRD) has revealed an ambitious five-year strategy aimed at steering Morocco towards an inclusive, sustainable, and private sector-led economy. Covering the period from 2024 to 2029, this strategic roadmap signifies a significant moment in the EBRD's......

Enhancing Morocco's Water Sector with a €400 Million Investment

Morocco, facing its most severe drought in decades, is set to receive a substantial financial boost from the European Bank for Reconstruction and Development (EBRD). This article discusses the implications of the EBRD's €400 million investment in upgrading Morocco's water infrastructure......

Empowering Women-Led Businesses: BERD and EU Collaborate to Support SMEs in Morocco

In a collaborative effort, the European Bank for Reconstruction and Development (EBRD) and the European Union (EU), in partnership with the Arrawaj Foundation for Inclusive Finance, are joining forces to support women-led micro, small, and medium enterprises (MSMEs) in Morocco. Under the "Women......