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Morocco Receives Record 610 Million Euro Investment from French Development Agency
Monday 31 January 2022, by
In 2021, the French Development Agency (AFD) invested more than 610 million euros to finance structuring projects, thus confirming its support for the reforms undertaken by the Kingdom.
More specifically, the AFD supported the reform of the Kingdom’s social protection, which will reduce inequalities in access to health care by supporting the integration of an additional 22 million people into the Mandatory Health Insurance (AMO) scheme, said its director in Morocco, Mihoub Mezouaghi.
Similarly, the agency has supported "the national reforestation strategy whose objective is to preserve and strengthen the ecosystem services of the forest and national parks while developing local employment (ecotourism, agroforestry)," he continued, specifying that it has also strengthened its support for the implementation of gender-sensitive budgeting, a structuring policy in favor of equality.
According to its representative, the AFD has financed more than 150 projects since 2010 in favor of access to water, sanitation and energy in the social sectors, agriculture and biodiversity, transport, the social and solidarity economy, or in favor of gender equality.
The manager cited for example the schooling of 31,000 students including 14,000 girls, the professional integration of 95% of the young people trained within the Delegated Management Institutes, the saving of 1 million tons of carbon emissions, access to a sustainable sanitation service for 240,000 people as well as the commissioning of Tramways in Rabat and Casablanca for 1 million users (including 44% women).