21/09/2016 (Agence Europe) – On Wednesday 21 September, the European Bank for Reconstruction and Development (EBRD) announced that it was granting Morocco a loan of €24 million to support "the increased use of sustainable climate-friendly agricultural inputs" (bio-fertilisers, bio-pesticides and bio-stimulants). The beneficiary of this financing will be the Elephant Vert, "the first company in the southern and eastern Mediterranean region exclusively dedicated to the development and production of a full range of these innovative bio-inputs", the EBRD states. On the same day, the EBRD also announced it was granting a 'senior loan' to Morocco worth €2.5 million. The company benefiting from this financing will be the Maïsadour Agri Maroc, a subsidiary of the Maïsadour group, a major French agricultural cooperative, the EBRD states. (FB)