Morocco gets €270 Mln funding from AfDB for expanding healthcare, creating jobs & supporting quake victims

Morocco gets €270 Mln funding from AfDB for expanding healthcare, creating jobs & supporting quake victims

The African Development Bank (AfDB) is supporting Morocco’s efforts to enhance inclusive access to healthcare, improve employability of vulnerable people through training, and provide urgent assistance to the families affected by Al Haouz earthquake.

In this connection, three financing agreements worth €270 million were signed Tuesday in Rabat by the Bank and the North African Kingdom to better healthcare services, create more job opportunities for socially vulnerable people and support those affected by the earthquake that hit Morocco on Sept.08.

AfDB pledged to provide Morocco €120 million in support for the program of “Inclusive Access to Health Infrastructure”. The Bank also agreed to inject €149 million in Morocco’s program aimed at expanding social security coverage and improving employability skills.

The African Development Bank earmarked $1 million for emergency assistance to the Atlas Mountain villages affected by the earthquake.

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