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Morocco signs $282 mln financing agreements with African Development Bank

MOROCCO has signed three financing agreements with the African Development Bank worth more than 2.9 billion dirhams ($281.96 million), Morocco state news agency (MAP) reported.

The first agreement would finance a health infrastructure program with about $126.4 million, while another agreement would support a social coverage program with approximately $155.6 million.

The third agreement is for financing an emergency assistance project following the deadliest earthquake in the country’s recent history in September, with $1 million.

By The African Mirror