The headquarters of the African Development Bank in Abidjan
Morocco signs $282 million financing deals with African Development Bank
The three financing agreements will finance a health infrastructure and social coverage programs and an emergency assistance project.
Tuesday 24/10/2023
The headquarters of the African Development Bank in Abidjan
DUBAI - Morocco has signed three financing agreements with the African Development Bank worth more than 2.9 billion dirham ($281.96 million), Morocco state news agency (MAP) reported on Tuesday.
The first agreement would finance a health infrastructure program with about $126.4 million, while another agreement would support a social coverage program with about $155.6 million.
The third agreement is for financing an emergency assistance project following the deadliest earthquake in the country's recent history in September, with $1 million.