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World Bank Loans Morocco $250 Million To Improve Agriculture Sector - Agriculture - Nairaland

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Nigerian Agriculture Sector Won't Develop If We Continue This Way / Commercial Bank Loans To Agric Sector In Nigeria Is Poor, Less Than 6% In 7 Year / Which Agriculture Sector Can I Venture Into With Capital Of N200,000 (2) (3) (4)

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World Bank Loans Morocco $250 Million To Improve Agriculture Sector by Jitefarms: 1:02pm On Dec 17, 2020
The World Bank agreed to grant Morocco $250 million to support its Generation Green program. Generation Green is a joint operation with the French Development Agency to help attract more Moroccan youth into agribusiness.

The loan will finance entrepreneurship and training programs for Moroccan youth with a goal of attracting private investments into the agricultural food products sector. Morocco also wants to remove regulatory and financing obstacles to stimulate the creation of job opportunities.

Part of the funding will also support the country’s economic response to the coronavirus pandemic.

Agriculture is the main provider of jobs in Morocco and contributes about 14 percent of the gross domestic product (GDP). Agriculture is an important source of employment for 75 percent of the country’s rural population.

For more agriculture news and updates, visit https://jitefarms.com

Re: World Bank Loans Morocco $250 Million To Improve Agriculture Sector by Jashub: 1:35pm On Dec 17, 2020
This is a reasonable country ; the loan is justifiable. But Nigeria's case is always different. Each time World Bank grants the Nigerian government a loan , it is either used to start projects that will never see the daylight of completion. In some cases, the money is laundered to finance the flamboyant lifestyle of the ruling class.

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