The African Development Bank (AfDB) approved about €1.3 billion in commitments to Morocco in 2025, marking a record level of financing and reinforcing the country’s position as one of the institution’s key strategic partners in Africa.
The figure was disclosed by AfDB Country Manager for Morocco Achraf Tarsim in an interview with the Moroccan news agency MAP on the sidelines of the bank’s Annual Meetings in Brazzaville.
Officials said the funding is aimed at supporting Morocco’s economic transformation through investments in infrastructure, governance, agriculture, entrepreneurship and human capital development.
Of the total package, €420 million has been allocated to infrastructure and connectivity projects, including major upgrades to airports in Marrakech, Agadir, Tangier and Fez.
The airport modernisation programme includes terminal expansion, a new air traffic control tower in Marrakech, and advanced systems to improve passenger flow, security and baggage handling.
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An additional €150 million has been channelled through the Municipal Equipment Fund to strengthen local government investment capacity in water supply, sanitation, education infrastructure, mobility and public services, with a focus on sustainability and climate resilience.
The AfDB also committed €182 million to support economic governance and strengthen key sectors such as water and energy, as well as resilience to external economic shocks.
To promote private sector development, €119 million has been allocated to support entrepreneurship and small and medium-sized enterprises, particularly to stimulate job creation and strengthen competitiveness.
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In the agricultural sector, €100 million will support inclusive and solidarity-based farming initiatives, with an emphasis on women and youth in rural areas and improved access to finance and infrastructure.
The bank also approved €200 million for the “Cap Compétences 2030” programme, designed to enhance employability for young people and women by aligning skills development with labour market needs.
A significant component of the financing involves green and climate-related investment. The AfDB granted a €450 million partial credit guarantee to OCP Group, enabling it to raise up to €530 million in additional green financing for renewable energy, water management and sustainable agriculture initiatives.
Officials say the financing reflects a deepening partnership between Morocco and the AfDB at a time when African economies are seeking to mobilise more large-scale investment for structural transformation.
The AfDB Annual Meetings, currently underway in Brazzaville, have focused on the theme of mobilising development finance in a context of global economic uncertainty and tightening external funding conditions.
