The African Development Bank (AfDB) approved a 100 million euro loan on Monday to support sustainable farming in Morocco. This financing targets empowering women and young people to lead agricultural initiatives across the country. The bank aims to boost food security and build resilience among small-scale farmers against climate change challenges.
“Women who have the ambition to succeed in agriculture are our priority,” said Achraf Tarsim, head of AfDB’s Morocco office. The loan is part of a broader strategy to foster inclusive growth and sustainable development in Morocco’s rural communities.
For over five decades, the AfDB has invested 15 billion euros in projects spanning transport, water, energy, and social sectors. Its extensive portfolio also covers farming, governance, finance, and social protection initiatives across Africa.
The new loan is expected to help modernize farming practices while promoting environmental sustainability and economic inclusion. By focusing on women and youth, the AfDB aims to cultivate a new generation of resilient agricultural entrepreneurs.
This effort reflects the bank’s commitment to combat climate change impacts on vulnerable farming communities in Morocco. The financing arrives amid growing global concern over food security and sustainable agriculture in Africa.
Through targeted investments, the AfDB seeks to secure livelihoods and strengthen rural economies across the continent. Morocco’s agriculture sector stands to benefit from improved access to resources, training, and technology under this initiative.
The AfDB’s continued support highlights its role as a key partner in Africa’s long-term development and climate adaptation efforts. This loan signals hope for a greener, more inclusive future for Morocco’s farmers and their communities.