Highlights

​This meeting provided an opportunity to highlight the positive momentum of the partnership between Morocco and the IFC, marked by a significant increase in the Institution’s commitments, rising from USD 500 million to USD 1.2 billion. In this regard, the Minister expressed her gratitude to the IFC for its continuous support and the quality of its cooperation with the Kingdom.

The discussions focused on prospects for strengthening cooperation, particularly in the areas of insurance, capital market development, and mobilization of savings to finance the economy. In this context, the Minister highlighted Morocco’s experience in mutual funds (UCITS), especially their contribution to financing sovereign bonds, and emphasized the potential to share this expertise with other African countries.

The Minister also recalled Morocco’s position as the second largest African investor on the continent, with Moroccan banking presence in 27 African countries, reaffirming the Kingdom’s commitment—under the High Guidance of His Majesty King Mohammed VI, may God assist Him—to promoting Africa’s development. In this regard, she cited the AFIS initiative as a platform capable of enhancing investment attractiveness across the continent.

Both parties also discussed opportunities offered by public-private partnerships (PPPs), stressing the importance of proper upstream project preparation to ensure bankability, attractiveness, and success.

This meeting was marked by the signing ceremony of an agreement relating to IFC’s investment in Tamwilcom. The agreement concerns a risk-sharing mechanism of up to USD 300 million, aimed at improving access to financing for micro, small, and medium-sized enterprises, including those led by women.

At the end of the meeting, both parties reaffirmed their shared commitment to further strengthening the strategic partnership between the Kingdom of Morocco and the IFC, in support of economic development, private investment, and employment.