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Financing new projects: AfDB and Morocco announce agreements worth more than 600 million euros

12/07/2024
Source : ORISHAS-FINANCE
Categories: Sectors

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Morocco and the African Development Bank have announced agreements worth more than 600 million euros in order to finance new projects.

Supporting the emergence of digital universities, strengthening the competitiveness of territories and promoting forests are the new projects on the agenda in the partnership between the Kingdom and the ADB. In Rabat, the Moroccan government and the African Development Bank signed four financing agreements worth a total of 604 million euros in favor of the digitization of universities, the competitiveness of territories and the valorization of the Kingdom's forests. This funding will make it possible to implement support programs to support the transition of universities towards a more digital, entrepreneurial and inclusive dynamic, to improve territorial competitiveness and to strengthen the integrated and sustainable development of forest areas, while financing the construction of a highway between Guercif

and Nador.
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