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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,......

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......