13/10/2016 (Agence Europe) – The European Bank for Reconstruction and Development (EBRD), the French development agency (AFD) and the European Investment Bank (EIB) are joining forces in a programme for energy financing in Morocco, with the support of the Neighbourhood Investment Facility (NIF). "The three financial institutions are providing a €35 million financing facility to the BMCE Bank of Africa and its leasing subsidiary, Maghrebail", an EBRD press release of 12 October 2016 explains. The press release also notes that this credit line will be "dedicated to financing energy efficiency and small-scale renewable energy investments (…) to small and medium-sized enterprises and corporates in the commercial and industrial sectors, including commercial construction and energy service companies". (FB)