EBRD announces a €40 million loan to enhance climate resilience of ports along Morocco's Atlantic coastline

The European Bank for Reconstruction and Development (EBRD) has recently announced, a €40 million loan to the National Agency of Ports (ANP) to enhance the climate resilience of ports along Morocco's Atlantic coastline.

The loan, whose documents were signed by EBRD President Odile Renaud-Basso on the occasion of EBRD's General Assembly and Business Forum, is the first to a Moroccan state-owned entity without a sovereign guarantee.

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