100 million euros from the AFD to modernize the ports of the southern provinces.
The National Ports Agency (ANP) and the French Development Agency (AFD) signed a new financing agreement on Tuesday in Rabat, amounting to €100 million. This funding is aimed at modernizing the port infrastructures in the Southern provinces of Morocco and promoting the development of more environmentally friendly ports.
This financing, provided as a non-sovereign loan under preferential conditions for a duration of 13 years without government guarantees, is part of the ANP’s investment program for the period from 2023 to 2030.
The program encompasses six ports: Tan-Tan, Tarfaya, Laâyoune, Boujdour, Dakhla, and Imhiriz. Its goal is to enhance their infrastructures and support their adaptation in response to environmental and economic challenges.
The agreement was signed by the General Director of ANP, Mustapha Farès, and the Director of AFD in Morocco, Catherine Bonnault, in the presence of the Minister of Equipment and Water, Nizar Baraka, and the French Ambassador to Morocco, Christophe Lecourtier.
On this occasion, Nizar Baraka described the agreement as a new milestone in a longstanding cooperation based on mutual trust. He also emphasized its alignment with a strategic vision aimed at supporting the development of the Southern provinces and enhancing their integration into the national economy.
For his part, the French Ambassador highlighted the strategic dimension of this partnership, especially in light of challenges such as rising sea levels and wave power, which require adapted measures to protect coastal infrastructures.
This new financial commitment occurs within the context of France’s support for Morocco’s sovereignty over the Sahara, a stance reaffirmed by President Emmanuel Macron in 2024.
