The African Development Bank (AfDB) has reinforced its partnership with Morocco by granting a €150 million loan to the Communal Equipment Fund (FEC). The financing aims to strengthen the investment capacity of Morocco’s local governments and support the implementation of strategic development projects across the country’s regions, provinces, and municipalities.
The new funding will enable the FEC to expand its lending capacity to local authorities, helping finance essential infrastructure projects in key sectors such as water supply, sanitation, road infrastructure, urban mobility, waste management, public lighting, as well as energy transition and climate resilience initiatives.
New Financing to Accelerate Territorial Development Projects
Beyond infrastructure financing, the operation is expected to improve the quality of local public services, enhance the competitiveness of Morocco’s territories, and stimulate public investment at the local level. It is fully aligned with the Kingdom’s advanced regionalization strategy, which grants greater responsibilities to local governments in driving economic and social development.
For the AfDB, this financing reflects its continued commitment to supporting Morocco in modernizing its territorial financing mechanisms. By strengthening the financial capacity of the FEC, the Bank will help accelerate the implementation of local development projects, improve public investment governance, and promote more inclusive and sustainable territorial development.
With this €150 million facility, the FEC will be better equipped to meet the growing financing needs of Moroccan local authorities as demand for infrastructure continues to rise, driven by urbanization, the green transition, and the Kingdom’s regional development ambitions.
