Morocco

MOROCCO: IFC to provide €64m for Coca-Cola’s climate programme – EQ Mag

May 18, 2023

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The International Finance Corporation (IFC) will provide €64 million in financing to the Equatorial Coca-Cola Bottling Company (ECCBC). The funds will support the climate strategy of the North and West African subsidiary of the American Coca-Cola Group, which aims to reduce water and energy consumption and accelerate waste recycling. The €64 million financing pledged to […]

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Morocco

IFC grants $70mln climate investment loan to Morocco’s soft drink maker – EQ Mag

May 11, 2023

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ECCBC will use the funds to reduce energy and water consumption across its operations International Finance Corporation (IFC), a World Bank member, will provide a €64 million ($70 million) loan to Morocco-based Equatorial Coca-Cola Bottling Company (ECCBC) to reduce its water and energy consumption across its operations in 13 countries in north and west Africa. […]

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EGYPT

IFC To Provide €150 Million Loan To Reduce Carbon Footprint Of Antalya Airport

April 20, 2023

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Istanbul, Türkiye : IFC is supporting an upgrade of Antalya Airport to enhance Türkiye’s competitiveness as a global tourism destination while helping to manage the project’s carbon footprint in line with the Paris Agreement. IFC’s first airport financing in the country will help improve transport connectivity and provide a crucial source of funding at a […]

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UAE

UAE has brought energy to climate change agenda, top IFC official says – EQ Mag

February 20, 2023

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Makhtar Diop tells The National that the UAE is one of the countries that invests most in renewable energy Makhtar Diop, managing director of the International Finance Corporation, has lauded the “energy” that has been brought to the climate agenda by the UAE as it prepares to host Cop28. In an exclusive interview with The […]

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EGYPT

JBIC, IFC lead US$518 million debt deal for Egypt wind farm – EQ Mag

December 8, 2022

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The IPP project is a joint venture between AMEA Power and Japan’s Sumitomo Corporation A 505-megawatt onshore wind project in Egypt has signed a US$518 million debt package featuring Japan Bank for International Cooperation (JBIC), Nippon Export and Investment Insurance (NEXI), International Finance Corporation (IFC) and a group of Egyptian and international commercial banks. Poised […]

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