Friday, November 1

African Development Bank Lends Morocco $800 Million for Energy

Google+ Pinterest LinkedIn Tumblr +

Bloomberg | Jihen Laghmari

The African Development Bank has granted Morocco $800 million in loans to support renewable energy programs, the organization said in an e-mailed statement today.

The funds will help Morocco develop a concentrated solar power plant in the town of Ouarzazate, the Tunisia-based bank said.

To contact the reporter on this story: Jihen Laghmari in Tunisia via the Cairo newsroom at jlaghmari@bloomberg.net
To contact the editor responsible for this story: Andrew J. Barden in Dubai atbarden@bloomberg.net

Share.

About Author

Comments are closed.