EBRD and donors help Moroccan small business Flexibois improve its competitiveness
Manufacturing furniture requires a lot of energy and generates large amounts of waste.
With the installation of a new production line, Flexibois, a small and medium-sized enterprise (SME) based in Casablanca, Morocco, has managed to improve energy efficiency and be more competitive. Their new machines are equipped with highly efficient electric motors, which reduce machine-working time, save energy, are safer for employees, and reduce waste thanks to increased precision.
This investment is part of the Bank’s Green Value Chain programme in Morocco, funded by the European Union (EU), the Green Climate Fund (GCF) and the Republic of Korea. The programme provides funding to local partner financial institutions for on-lending to Moroccan SMEs.