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.

16/09/2021 at 16h22, by Africa Business+

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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