Mitsui advances €112 million to Moroccan Safi Electricity Company
The credit should enable the Kingdom’s second-largest power plant to increase its working capital and meet its commitments.
Someone shares this article with you
▪ Mitsui advances €112 million to Moroccan Safi Electricity Company
▪ The credit should enable the Kingdom’s second-largest power plant to increase its working capital and meet its commitments.
▪ https://www.africabusinessplus.com/en/807699/mitsui-advances-e112-million-to-moroccan-safi-electricity-company/
The diversified Japanese holding company Mitsui & Co. has decided to approve the payment of 1.2 billion dirhams (€112 million) to its Moroccan subsidiary, Safi Electricity Company (Safiec), the 1 386 MW coal-fired power plant based in Safi, 320 km southwest of the capital, Rabat.
This article is for subscribers only. To read more, subscribe with a special offer.
You are connected to your Jeune Afrique account but your Africa Business+ subscription does not allow you to consult the English version. To update your subscription, contact us by clicking here.
Recommended articles
Large-scale distribution
14/06/2023 at 17h15, by Africa Business+
Mitsui seeks $50 million to back Kenyan B2B startup Kyosk
After taking a minority stake in the startup launched by one of Jumia’s co-founders last April, the...
Electricity
17/09/2021 at 15h40, by Africa Business+, updated 21/09/2021
Larsen & Toubro win $53.9m Mozambique-Malawi power contract
Faced with many competitors, the Indian company managed to pull out all the stops and win the first...
Agri-food industry
05/11/2020 at 22h39, by Africa Business+
Zalar relies on Mitsui’s contribution to strengthen its poultry-farming lead in Morocco
While the opening up of its capital to the Japanese group contributed to financing an acquisition in...
Advisory
10/01/2020 at 16h38, by Aurelie Benoit, updated 19/01/2021
ONEE once again turns to Kamal Nasrollah’s team at Baker McKenzie
The Moroccan public service agency has called on the Casablanca-based law office for its latest project,...
Any questions ? contact us
Please get in touch with the Africa Business+ team if you require any further information.
Email us : customer.care@africabusinessplus.com
Add AB+ to your home screen
1. Click on 
at the bottom of your screen.
2. Click on 
to add AB+ on the home screen.
3. Enter the name of the shortcut and confirm.