The European Bank for Reconstruction and Development (EBRD) has approved a loan of 45 million euros for the Noor Midelt I project (800 MW), which requires a total investment of 740 million dirhams.
The Communal Equipment Fund granted a loan of 4.26 billion dirhams (MMDH) to local authorities (CT) in 2018 to finance projects worth over 21 MMDH in investments.
Morocco issued a bond on the international financial market on Thursday, November 21 for an amount of one billion euros. This loan will cost 1.5% interest rate.
This is good news for Moroccan municipalities. The World Bank’s Board of Directors has just approved a $300 million loan to improve the performance of municipalities in Morocco.
The World Bank’s Board of Directors approved, on Friday, November 8, 2019, a $300 million loan to Morocco. This fund will be used to strengthen municipalities in the Kingdom over a five-year period.
In the real estate market, financing conditions are more attractive than they are off-putting. The long-term interest rate is set at an average of 4.3%.
The average debt of each Moroccan household has increased from 41,000 DH in 2017 to 42,500 DH in 2018, an increase of 6.1%.
An agreement for a $500,000 grant was signed between the African Development Bank (AfDB) and the General Confederation of Moroccan Enterprises (CGEM). Its objective is to strengthen the Moroccan private sector and boost the Kingdom’s integration on the continent.
A new financing from the African Development Bank (AfDB) which has just announced, through its Board of Directors, that it has granted a loan of 268 million euros to Morocco.
New loan for Morocco from the European Investment Bank (EIB) which has just granted 80 million euros to the National Motorway Company of Morocco (ADM) to finance part of the work to triple the Casablanca-Berrechid highway.
The World Bank approved on Tuesday the granting of a loan to Morocco of around 611 million euros, or more than 6 billion dirhams, for the development of digital technologies.