logo
EBRD backs Morocco's Dislog Group with $25m investment

EBRD backs Morocco's Dislog Group with $25m investment

Ya Biladi09-05-2025
The European Bank for Reconstruction and Development (EBRD) is investing $25 million in Morocco's Dislog Group to bolster its capital structure and support its mergers and acquisitions strategy.
The equity injection is part of a broader capital increase involving SPE Capital, IFC, Sanam Holding, Sanlam, and H&S Invest Holding, aimed at refinancing recent acquisitions and reducing the group's debt ahead of its planned Initial Public Offering (IPO), says a Friday press release by EBRD.
Founded in 2005, Dislog is active in the hygiene, food, and healthcare sectors. It operates over 200 brands, employs 3,400 people, and recently expanded into pharma and bottle-molding with CMB Plastique.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Saham Bank secures €55 million from EBRD to boost green economy in Morocco
Saham Bank secures €55 million from EBRD to boost green economy in Morocco

Ya Biladi

time18-07-2025

  • Ya Biladi

Saham Bank secures €55 million from EBRD to boost green economy in Morocco

Saham Bank has secured €55 million (578 million dirhams) from the European Bank for Reconstruction and Development (EBRD) through a strategic partnership aimed at promoting green economy initiatives in Morocco. The funding falls under the new GEFF Plus (Green Economy Financing Facility) program. The €55 million package, supported by the Green Climate Fund (GCF), the European Union, and the Canadian government via the HIPCA fund, will establish two dedicated credit lines to finance private Moroccan projects focused on energy transition and sustainable development, reads a press release by Saham Bank on Friday. Technical assistance funded by the EU and GCF will accompany the financing and is integrated into Morocco's Decarbonization and Climate Resilience Program. This support aims to strengthen Saham Bank's internal capacities in green finance and help develop climate-aligned financial products. This partnership marks a key milestone in the bank's sustainability strategy since its ownership transition. Originally established in 1913 as a subsidiary of France's Société Générale, the bank was acquired by Morocco's Saham Group in April 2024 and officially rebranded as Saham Bank in June 2025.

BERD Boosts Financing for Key Mining Projects in Morocco
BERD Boosts Financing for Key Mining Projects in Morocco

Morocco World

time25-06-2025

  • Morocco World

BERD Boosts Financing for Key Mining Projects in Morocco

The European Bank for Reconstruction and Development (EBRD) is lending up to $25 million to Canadian mining company Aya Gold & Silver Inc. to support the ongoing exploration of the Boumadine polymetallic mine in the Drâa-Tafilalet region, Southeastern Morocco. Emerging as one of the most significant mining assets in Morocco and North Africa, the Boumadine project plays a key role in Aya's strategy to diversify its portfolio and expand beyond its Zgounder silver mine near Oujda, Northeastern Morocco. The financing will fund an exploration program that includes drilling, engineering work, updates to the mine plan, and a preliminary economic assessment—key steps toward large-scale development and potentially positioning Boumadine as a world-class deposit. The investment will additionally help launch advisory support to improve Aya's value chain—enhancing resource management, energy efficiency, and efforts to decarbonise its supplier network. This marks the third round of financing between the EBRD and Aya Gold & Silver, reinforcing its role as a long-term partner for Aya, laying the groundwork for future financing of the mine's construction. Beyond exploration, the funding aims to deliver broader local impact. Aya plans to introduce new vocational training programs and work with universities to tailor curricula to meet the mining industry's evolving needs in the Drâa-Tafilalet region. The company will also partner with the EBRD on a campaign to promote women's employment in Morocco's mining sector. The company had announced earlier this year that it plans to invest an additional $50 million in Morocco over the upcoming years. In the first quarter of 2025, it achieved record production at its Zgounder silver mine, producing 1,068,652 ounces of silver—a 192% increase compared to the same period in 2024. Established in 2007, the company operates the Zgounder silver mine and is expanding its activities with projects such as Boumadine, which contains several metals including silver, gold, zinc, and lead. Aya Gold & Silver Inc. has stated its intention to follow responsible mining practices, including minimizing environmental impact through efficient resource management, such as water conservation measures and efforts to reduce energy consumption.

Morocco partners with EBRD, IFC to launch WE Finance Code for women's access to finance
Morocco partners with EBRD, IFC to launch WE Finance Code for women's access to finance

Ya Biladi

time20-06-2025

  • Ya Biladi

Morocco partners with EBRD, IFC to launch WE Finance Code for women's access to finance

On Thursday, the Director General of Bank Al-Maghrib, Abderrahim Bouazza, signed a Declaration of Intent to launch the WE Finance Code, an initiative to support women entrepreneurs. The agreement was signed in partnership with the European Bank for Reconstruction and Development (EBRD) and the International Finance Corporation (IFC). The signing ceremony was attended by EBRD Vice President Mark Bowman, EBRD Managing Director for the Southern and Eastern Mediterranean region Mark Davis, and several senior officials from both the EBRD and Bank Al-Maghrib. In a press release, Bank Al-Maghrib explained that this initiative aligns with the institution's broader goals of promoting financial inclusion and women's economic empowerment. It also builds on the bank's long-standing collaboration with both the EBRD and IFC. The initiative further draws on the significant progress Bank Al-Maghrib has made in collecting and analyzing gender-disaggregated data within the financial sector. The WE Finance Code aims to improve access to finance for women-led micro, small, and medium-sized enterprises (MSMEs), while also providing technical support to financial service providers to strengthen their ability to meet the needs of this vital segment of Morocco's economy. «The launch of the WE Finance Code reflects our firm commitment to advancing women's financial inclusion in Morocco», said Bouazza, as quoted in the statement. He also expressed his desire to deepen fruitful cooperation with the EBRD, IFC, other international institutions, and key stakeholders to maximize the impact of the initiative and achieve its objectives.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store