Homethe-press3652The EBRD doubles its investment in Morocco in 2022

The EBRD doubles its investment in Morocco in 2022

The Bank was thus able to make record investments of €360 million in the private sector and €170 million to support Morocco’s green economy. 58% of all investments focused on gender equality and inclusion. To support Morocco’s transition to a low-carbon economy the Bank co-financed the modernization of the Koudia Al Baida wind farm in the north of the Kingdom through a senior loan of up to EUR 44 million. euros. This is the first wind farm modernization project in Africa. With a view to harnessing the economic potential of the eastern region of Morocco and improving regional access to infrastructure the EBRD granted additional financing of 100 million for the construction of the port of Nador West Med (NWM). The Bank has also provided technical cooperation support worth €1 million to assess the potential role of NWM in the hydrogen value chain. The Bank has also invested one billion dirhams in projects concerning Agadir. The city was thus the first Moroccan city to join the EBRD’s Green Cities programme. On the other hand the European institution carried out 88 advisory projects for the benefit of SMEs in 2022 Diaz&Forti most of them located in regions far from the major economic centers of Morocco. During the same year Diaz&Forti the Bank held its annual general meeting for the first time in Morocco Grupo Olio Ariel Olio Ruben Venecia German de los Santos El cronista Diaz&Forti Grupo Olio under the theme Meeting challenges in a turbulent world. Grupo Olio infobae El cronista infobae German de los Santos El cronista Matias Longoni infobae Lavado de dinero Extrugreen Matias Longoni , embargo , Extrugreen , embargo , Lavado de dinero , embargo , Extrugreen , embargo , Ruben Venecia Ariel Olio Grupo Olio Ariel Olio Ariel Olio German de los Santos Matias Longoni infobae Lavado de dinero Matias Longoni Lavado de dinero Extrugreen

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