The project for Morocco’s first offshore wind farm has reached a new stage. An international consortium has just been tasked with studying its feasibility over two years, with particular attention being paid to the Atlantic coast near Essaouira.
The National Company of Moroccan Motorways (ADM) is accelerating its ecological transformation. Backed by a European loan of 300 million euros, the company is deploying an ambitious strategy to green its infrastructure and align with international environmental standards.
The Board of Directors of the Société Nationale des Autoroutes du Maroc (ADM) has approved the financing contract with the European Investment Bank (EIB). It is a loan of 85 million euros.
A major agreement has been signed between the European Investment Bank and the Crédit Agricole du Maroc group (GCAM) to provide substantial support to Moroccan companies in the field of bio-economy and sustainable agriculture.
The European Investment Bank (EIB) is granting 100 million euros to Morocco to help it cope with certain urgent needs arising from the Covid-19 pandemic. The Moroccan Minister of Finance, Mohamed Benchaâboun, and Emma Navarro, Vice-President of the EIB, announced the signing on Monday, August 31.