IANS | 25 Nov, 2021
The African Development Bank (AfDB) has approved for Morocco a loan of
$135 million to stimulate recovery in the post-Covid 19 era, the
official news agency MAP reported.
The Board of Directors of the
AfDB Group approved the loan to help the North African country by
implementing financial inclusion, entrepreneurship, and support
programme for small and medium-sized enterprises, the report published
on Wednesday said.
Additionally, the loan will also enable
companies in financial difficulty to resume their activities and
safeguard jobs, Xinhua news agency reported.