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Saturday 12 June 2021
HomeNewsAfDB gives Morocco 105m euro loan for agric sector

AfDB gives Morocco 105m euro loan for agric sector

The African Development Bank (AfDB) Friday announced a loan of 105 million euro to Morocco for funding the support plan of the country’s large-scale agriculture programme, known as Maroc Vert (Green Morocco).

The programme aims to improve agricultural production and the living conditions of the rural dwellers, and to preserve the depleting water resources.

The loan agreement was signed by Economy and Finance Minister Nizar Baraka and AfDB representative in Morocco Amani Abou Zeid.

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