Africa Finance Corporation (AFC), the leading provider of infrastructure solutions in Africa, and Morocco’s Ministry of Economy and Finance have entered into a strategic partnership. This collaboration, solidified through a Memorandum of Understanding (MOU), aims to accelerate the development of key strategic sectors, including renewable energy, transport, natural resources, heavy industries, and telecommunications.
The MOU signifies an important milestone in the growing relationship between AFC and Morocco, following Morocco’s official membership in the AFC in 2021. By leveraging AFC’s expertise in project development, structuring, and financing, this partnership seeks to provide innovative solutions that will enhance Morocco’s infrastructure and industrial base. These improvements are crucial for fostering domestic market competitiveness and expanding the export capacity of Moroccan businesses.
AFC is currently engaged in high-level discussions with various government entities in Morocco.

Over the past decade, Morocco has actively pursued opportunities in sub-Saharan Africa, and its renewed membership in the African Union reflects its commitment to becoming a major contributor and leader in Africa’s economic development. The partnership with AFC represents another significant step towards realizing this vision, aiming to create a vibrant economic region in Africa characterized by increased intra-Africa trade, job creation, political stability, and economic prosperity.
H.E Nadia Fettah, Moroccan Minister of Economy and Finance, expressed the importance of this collaboration, stating, “This marks a major step in the cooperation between Morocco and the AFC and confirms the continuous commitment of the Kingdom of Morocco to Africa’s development, in line with the vision of His Majesty the King, in promoting South-South cooperation.”
AFC is currently engaged in high-level discussions with various government entities in Morocco, including the Ministry of Transportation & Logistics, the National Railway Operator, the Airport Authority, and the Ministry of Energy Transition & Sustainable Development. Among the projects being considered are the revitalization and enhancement of significant railway infrastructure to improve mobility of passengers and cargo between rural towns and the capital city, as well as collaboration under Morocco’s renewable energy strategy. These initiatives reflect Morocco’s dedication to sustainable development and the transformation of its infrastructure landscape.