|Approval Date||16 Oct 1989|
|Signature Date||22 Feb 1990|
|Planned Completion Date||30 Jun 1994|
|Last Disbursement Planned Date||30 Jun 1994|
|Sovereign / Non-Sovereign||Sovereign|
|Sector||Agriculture and Rural Development|
|DAC Sector Code||31110|
This project concerns the fourth line of credit granted to the National Agricultural Credit Fund (CNCA) of Morocco by the AfDB. This intervention by the bank is part of CNCA's investment program (1981-1991), which is considered a privileged agricultural development in Morocco. It follows a series of Lines of Credit contracted as part of the national effort to mobilize resources for the development of the agricultural sector. The line of credit is intended to finance eight (8) types of operations namely: (i) small and medium-sized farms; (ii) cooperative units of agricultural production (livestock, arboriculture, cereal and industrial crops); (iii) farms owned by medium and large private farmers engaged in breeding, arboriculture, cereal and industrial crops; (iv) fishing sub-projects; (v) agri-food sub-projects; (vi) craft sub-projects; (vii) land registration subprojects; (viii) rural habitat sub-projects.
The sectoral objective of the project is to promote agricultural development and improve national economic growth. Specifically, the project aims to promote agricultural development and modernize and rationalize the production system in rural areas, with a view ultimately to ensuring food self-sufficiency and improve the productivity of peasant farms.
The program will benefit directly from the Moroccan National Agricultural Credit Fund (CNCA).
African Development Bank
Caisse Nationale de Crédit Agricole
|Last Update||28 Oct 2020|