
Morocco


- Boosting the economy through private investment and entrepreneurial initiative
- Socio-economic inclusion of youth and women through human development
- Decarbonization of the economy
- Local ecological and social resilience
- Cross-cutting objectives
Boosting the economy through private investment and entrepreneurial initiative
Socio-economic inclusion of youth and women through human development
Decarbonization of the economy
Local ecological and social resilience
Cross-cutting objectives
Morocco is strategically located on both the Atlantic Ocean and the Mediterranean Sea, at the crossroads between Europe and Africa. For the past 10 years, it has been pursuing a process of political, economic, and social modernization, by which it is opening up internationally and engaging on a path of Euro-Mediterranean integration.
Thanks to a policy based on economic diversification, a high level of investment, increased international attractiveness and integration into global value chains, its per capita income increased 3.5-fold between 1990 and 2024. Access to essential public services has been extended to almost the entire population, and the extreme poverty rate declined from 11% in 1990 to 0.3% in 2022. Morocco has shown resilience during the succession of shocks these recent years, including the Covid-19 crisis, the widespread rise in commodity prices, the earthquake of September 2023, and a drought that has lasted for six years. The public authorities were able to manage these crises in a way that mitigated their economic impacts.
However, economic growth (2.8% in 2024) remains insufficiently job-creating. Income, gender, and regional inequalities remain high. The integration of young people into society remains a major challenge: of the 25–35 age group, only one out of two persons has a job, and if they do, it is often informal and precarious.
In addition, Morocco is highly exposed to the effects of climate change, particularly from worsening drought episodes, which is alarming for agriculture, and the increase in extreme weather events (extreme heat and floods). Adaptation and mitigation efforts are accelerating, with priorities being to fight desertification and drought and to promote better water management and the low-carbon energy transition.
AFD Group’s strategic intervention framework (2022–2026) in Morocco is aligned with the embassy’s development strategy and has been presented to the local development committee. AFD Group’s Morocco strategy is based on four objectives: i) private investment and entrepreneurial initiatives; ii) socio-economic inclusion of youth and women via human development; iii) decarbonization of the economy; and iv) ecological and social resilience of local areas.
Three cross-cutting objectives are additionally sought after: i) the decentralization of public policies and citizen initiatives; ii) experimentation and innovation, including by civil society and the diaspora; and iii) co-investment in Africa.
The AFD Morocco field office is attached to the North Africa Regional Office.
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