The African Development Bank (AfDB) agreed Tuesday to back Morocco’s efforts to reduce unemployment with a $96.6-million loan that will support access to jobs and improvement of populations’ living conditions. Morocco’s minister of economy, Mohamed Benchaaboun, said at the signing of the agreement, the loan is earmarked to improving living conditions through an inclusive job […]
Tag: $96.6 million loan
Morocco Gets Over $96 Loan to Improve Access to Employment
The African Development Bank (AfDB) has announced a $96.6 million loan to Morocco to enable the country to implement a program on improving access to employment through vocational training. “Morocco is one of the first African countries to use this innovative financing instrument that makes the disbursement cycle conditional on achieving results, while reducing transaction […]

