EBRD considers $135m loan for Morocco aviation-fuel plant

Monday 9th November 2026

By inAfrika Newsroom

The European Bank for Reconstruction and Development is considering a loan of up to $135 million for a proposed sustainable aviation-fuel plant at Morocco’s Nador West Med port.

The bank’s public project disclosure, checked on 9 November, lists the financing as exploratory. It gives 2 December 2026 as the scheduled approval date; the bank lists the proposal as pending concept review.

The proposal concerns Green Sky Capital Manara and a plant designed to produce up to 200,000 tonnes of aviation fuel a year. That is planned capacity, rather than existing output.

The facility would use Axens’ HEFA technology, which processes oils and fats into fuel. The EBRD says waste-based raw materials would supply production intended to meet European Union sustainability criteria.

The proposed loan structure includes an $85 million committed tranche and a $50 million uncommitted tranche, subject to the overall financing’s approval. Up to $20 million is expected to come through the Green Climate Fund.

The project disclosure also describes training for technicians and engineers, and support for used-cooking-oil collectors and aggregators in the supply chain.

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