RSS Feed  Les actualités de la BRVM en Flux RSS

NEWS FINANCIÈRES

Nous agrégeons les sources d’informations financières spécifiques Régionales et Internationales. Info Générale, Economique, Marchés Forex-Comodities- Actions-Obligataires-Taux, Vieille règlementaire etc.

Resilience of agriculture: The AfDB grants more than 110 million euros to support Morocco

29/10/2021
Categories: Sectors

Enjoy a simplified experience

Find all the economic and financial information on our Orishas Direct application to download on Play Store

The Board of Directors of the African Development Bank (AfDB) is mobilizing more than 110 million euros to support more resilient agriculture in Morocco.

The approval of a loan of more than 114 million euros in favor of Morocco aims to finance the Support Program for the Inclusive and Sustainable Development of Agricultural and Rural Areas (PADIDZAR). According to the Pan-African institution's press release, this loan will help strengthen the resilience of Moroccan agriculture to the effects of climate change in order to improve the living conditions of rural populations. PADIDZAR will deploy a more sustainable and inclusive development approach and promote the emergence of a middle class, particularly through job creation in rural areas and support for young and female agricultural entrepreneurs. The program will support the development of more efficient, more resilient and more sustainable production systems, will contribute to the improvement of value chains that are ever more inclusive, more efficient and more sustainable, and will also support the strengthening of institutional capacities to facilitate the implementation of reforms and the execution of investments, according to local analysts.

Provided by AWS Translate

0 COMMENTAIRE