Home » Agri-Economics Morocco to receive US $178M support for new agricultural strategy Agri-EconomicsAgribusinessLatest NewsSmallholderSustainabilityTechnology Morocco to receive US $178M support for new agricultural strategy 4 ViewsThe Kingdom of Morocco is set to receive US $178milion from the French Development Agency (AFD) destined to support the country’s new agricultural strategy “Generation Green 2020-2030”. France’s Ambassador to Morocco Hélène Le Gal who witnessed signing of two agreement between the two sides, said the AFD funding will help the North African Kingdom to strengthen its agricultural marketing infrastructures, bolster agricultural entrepreneurship and encourage sustainable use of natural resources in small farms. According to AFD, the funding will support the marketing of local products and the maintenance of farms & agricultural equipment. Modernize managementIt will also encourage the use of digital services and modernize management It seeks to support young people including women in rural zones to enable them develop their own businesses or service cooperatives in the agricultural and para-agricultural field. The sector plays a key role in the Kingdom’s socio-economic development and remains the largest employer.

Source: The North Africa Journal July 14, 2021 13:34 UTC