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Morocco-ADB: signing of four financing agreements of more than 6 billion dirhams

The AfDB approves Morocco's new country strategy for the period 2024-2029
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Hibapress

The Minister Delegate to the Minister of Economy and Finance, in charge of the budget, Fouzi Lekjaa, and the country manager of the African Development Bank (AfDB) for Morocco, Achraf Tarsim, signed, Wednesday in Rabat, four financing agreements totaling more than 600 million euros – M€ (i.e. approximately more than 6.45 billion dirhams – MMDH).

These agreements concern the financing of the transformation support program for a digital, entrepreneurial and inclusive Moroccan university (€120 million, or approximately 1.28 billion dirhams), the results-based program for improving territorial competitiveness in Morocco (€200.31 million, approximately 2.143 billion dirhams), the support program for the inclusive and sustainable development of forest areas (€84 million, or nearly 898 million dirhams) and the Guercif – Nador motorway project (€200 million, approximately 2.14 billion dirhams).

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