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AfDB Approves €301M to Boost Jobs and Economic Resilience in Morocco
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7 Articles
On Monday, June 30, 2025, the African Development Bank (AfDB) approved funding of more than 300 million euros for Morocco to support entrepreneurship, strengthen economic resilience and improve governance in the face of climate change. This envelope, validated by the Board of Directors of the AfDB Group, is distributed...
AfDB provides Morocco over €300 Mln to enhance economic competitiveness & climate change resilience – The North Africa Post
The African Development Bank (AfDB) has approved a financing package of over €300 million for Morocco to support entrepreneurship, job creation, and climate resilience. The funding aims to enhance the country’s economic competitiveness, strengthen resilience to climate change, and promote inclusive growth through skills development and entrepreneurship. AfDB says €181.8 million will support the second […]
The official spokesman of the Moroccan Executive, Mustapha Baitas, announced an ambitious project of eight key initiatives to create jobs through a historic investment of 15 billion dirhams, which translates to $1.66 billion, focused on restructuring labor support programs and plans for agriculture and small businesses. It is part of the growing unemployment recorded in 2024 that is expected to reduce to 9% creating 1.45 million jobs by 2030. Th…
Morocco gets $355m loan for economy and job creation
The African Development Bank Group (AfDB) has approved €301 million ($355 million) in new financing to reinforce Morocco’s economic stability and create job opportunities. A funding allocation of €181.8 million has been earmarked for the second phase of economic governance and climate resilience, which will strengthen the country’s economy and build its resilience to external shocks, mainly climate change. The programme will also contribute to c…
AfDB Approves Over EUR 300 Million to Expand Morocco’s Economy, Create Jobs
The Board of Directors of the African Development Bank Group (AfDB) has approved over EUR 300 million in funding for the implementation of two key economic programs in Morocco, Morocco’s Press Agency (MAP) reported. The programs are “the Entrepreneurship Support and Financing Program for Job Creation (PAFE-Emplois)” and the second phase of “the Support Program for Strengthening Economic Governance and Climate Change Resilience (PGRCC II).” With …
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