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Country Result Brief 2019 - Morocco

15-Oct-2019

The African Development Bank (the Bank) and Morocco have been partners for more than 45 years. The first project funded by the Bank in the Kingdom was a water supply and sanitation support project, approved in March 1970. Since then, the Bank has financed nearly 170 operations worth more than USUS$10 billion, particularly in the areas of infrastructure, economic and financial governance as well as agricultural development. At the end of March 2019, the Bank’s active portfolio in Morocco consisted of 34 operations totaling approximately USUS$3 billion in commitment concentrated in the energy and transport sectors (51% of commitments). Morocco is today the African Development Bank’s largest active portfolio.

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