EBRD grants €200m loan to fund construction of port in Morocco

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The European Bank for Reconstruction and Development (EBRD) will provide 200m to finance the basic infrastructure of a new port in Nador, Morocco. Under the terms of the deal, the EBRD investment will cover the construction of a breakwater, quays, dredging and related infrastructure works in the Nador West Med project.

 · The European Bank for Reconstruction and Development (EBRD) is providing a loan of up to 200 million to Société Nador West Med to finance the basic infrastructure for a new port on the Mediterranean coast of Morocco, 30 km from the town of Nador.

The Bank committed two loans for a total of 16 million to the municipal public transport operators in the cities of Kharkiv and Kryvyi Rih in Ukraine. The EBRD funds were complemented by 4 million from the Clean Technology Fund. The proceeds were used for fleet renewal and infrastructure modernisation. See press release on ebrd.com

The European Bank for Reconstruction and Development (EBRD), for example, counted 9% of a 200m ($222m) loan to build a port terminal in Morocco as climate finance, although the facility would.

The European Bank for Reconstruction and Development (EBRD) is ready to consider the possibility of further allocating manat loans to Azerbaijani companies, Head of EBRD Baku office Ivana Duarte.

Egypt to receive US $200m loan for construction of City Centre Almaza Egypt is set to receive US $200m loan from European Bank for Reconstruction and Development (EBRD) to.

The government through the Kenya National Highways Authority (KeNHA) has signed a Sh64 billion financing deal for the construction of the Lamu, Garissa, Isiolo road. The contract has been awarded to the Lamu Road Consortium ( LRC) bringing together the Development Bank of Southern Africa and Group Five Proprietary Limited.

Pension fund assets/GDP (AXCO, Renaissance Capital and other official sources, latest available) Competition [10%] Market share of top three insurance companies (AXCO and EBRD, latest available) Private sector involvement [10%] Share of private insurance funds in total insurance premia (UBS, EBRD and national authorities, latest available)

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However, the IMF’s approval of the $12bn loan was a successful step forward, he noted.

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