Mobility and Automotive Centre (ATC) has secured a MAD 127 million ($13.6 million) loan from the European Bank for Reconstruction and Development (EBRD) to equip “the first automotive testing centre of its kind in Africa,” EBRD reported in a press release.

EBRD and ATC signed the loan agreement during the EU Africa Business Forum 2022 on February 14-18.

For more information, please see https://www.moroccoworldnews.com/2022/02/347144/moroccos-automotive-sector-secures-13-6-million-loan-from-ebrd