Finance

Morocco Secures €200 Million AfDB Financing for Skills Development and Job Creation Programme

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Morocco has secured €200 million in financing from the African Development Bank Group to support a major national programme aimed at improving vocational training, expanding employment opportunities and strengthening workforce readiness for young people and women.

The financing, approved by the Board of Directors of the African Development Bank Group, will fund the implementation of the “Cap Compétences 2030” programme, a results-based initiative designed to modernise Morocco’s vocational education system and improve labour market integration.

The programme focuses on strengthening the quality, relevance and accessibility of vocational training through digital transformation, expanded learning systems and stronger collaboration between training institutions and businesses.

Under the initiative, Morocco plans to broaden access to inclusive and diversified training programmes aligned with labour market needs while improving employment pathways for beneficiaries.

The programme is structured around three strategic pillars, including skills development and strategic partnerships, inclusive training linked to private sector demand and digital transformation supported by institutional reforms and operational efficiency.

Officials said the initiative aligns with Morocco’s National Employment Roadmap 2025–2030 and supports broader efforts to improve productivity, stimulate economic inclusion and harness the country’s demographic potential.

Achraf Tarsim, Country Manager of the African Development Bank Group in Morocco, said the programme reflects a shared commitment to promoting value creation and employment opportunities, particularly for young people and women.

The Bank noted that the intervention is being coordinated with technical and financial partners to ensure stronger policy coherence and improved implementation outcomes.

The latest financing further strengthens the African Development Bank’s long-standing partnership with Morocco across key sectors such as infrastructure, education, governance, healthcare, employment and energy.

According to the Bank, cumulative investments in Morocco have now exceeded €15 billion since the institution began operations in the country.

The “Cap Compétences 2030” programme is expected to support structural reforms within Morocco’s labour market while improving the efficiency and reach of vocational training systems critical to long-term economic development.

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