Bank Al-Maghrib and the International Finance Corporation (IFC) signed a partnership framework on Wednesday in Rabat aimed at enhancing financial inclusion in Morocco's agricultural sector. In a joint statement, the two institutions said the partnership reflects their shared ambition to develop an innovative financing model tailored to the needs of smallholder farmers and agricultural value chains. The agreement supports Morocco's national objectives for agricultural financial inclusion and its 2030 food security strategy. The scope of the partnership also includes agri-tech, a rapidly growing sector in Morocco that is modernizing farming practices through advanced technologies. By pooling their resources, expertise, and experience, the two parties aim to provide farmers with access to financial services specifically designed for them, supported by agri-tech solutions that combine technical guidance, value chain relationship management, and financial inclusion. The collaboration pursues two main goals: strengthening the resilience of agricultural activities and promoting inclusive, sustainable growth. The agreement also involves engaging and supporting financial ecosystem players, developing new approaches to better leverage agricultural data, and raising farmers' awareness of available financing options—while equipping them with the tools needed to make sound financial decisions.
