Morocco’s Palmeraie subsidiary Dolidol charms EBRD

Morocco’s Palmeraie subsidiary Dolidol charms EBRD

The European bank provides nearly €10 million to the mattress manufacturer to integrate new raw materials into its processes. The manufacturer had already negotiated a €37 million loan with the IFC in the spring.

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            ▪ Morocco’s Palmeraie subsidiary Dolidol charms EBRD

▪ The European bank provides nearly €10 million to the mattress manufacturer to integrate new raw materials into its processes. The manufacturer had already negotiated a €37 million loan with the IFC in the spring.

https://www.africabusinessplus.com/en/809077/moroccos-palmeraie-subsidiary-dolidol-charms-ebrd/

A subsidiary of the Palmeraie group, owned by Berrada Sounni family, Dolidol has received a loan of 100 million dirhams (€9.5 million) from the EBRD. The duration of the loan is seven years, with a grace period of two years.

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20/05/2021 at 17h00, by Africa Business+, updated 21/05/2021

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