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Higher education project: the AfDB approves a 120 million euro loan in favor of Morocco

29/05/2024
Source : ORISHAS-FINANCE
Categories: Sectors

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As part of the implementation of its program to support the transformation of Moroccan universities (UM4.0), the African Development Bank has approved a loan of 120 million euros to the Kingdom of Morocco.

The Moroccan University Transformation Support Program (UM4.0) aims to contribute to the improvement of the quality of human capital and the empowerment of young people, through inclusive access to a quality higher education. The program, which will be implemented over a period of five years beginning in June of the current year, will be divided between the three result areas namely. These include improving the training offer and environment with an allocation of 64 million euros (53.47%), digitalization with an envelope of 50.7 million euros (42.35%), and the promotion of entrepreneurship and employability with an allocation of 5

million euros (4.18%).

The program program will build and equip the Faculty of Medicine and Pharmacy of Beni Mellal, the construction of five university cities with 1,500 beds each in Larache, Oujda, Oujda, Safi, Safi, Taroudant and Béni-Mellal and the establishment of 10 agile and open coding centers each in Larache, Oujda, Safi, Safi, Taroudant and Béni-Mellal and the establishment of 10 agile coding centers open to the professional world developing One project-based active learning

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