{"id":464277,"date":"2019-01-02T11:04:42","date_gmt":"2019-01-02T11:04:42","guid":{"rendered":"https:\/\/en.financialafrik.com\/?p=464277"},"modified":"2019-01-02T11:04:42","modified_gmt":"2019-01-02T11:04:42","slug":"afdb-partners-with-chinese-fund-to-sustain-access-to-water-in-morocco","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2019\/01\/02\/afdb-partners-with-chinese-fund-to-sustain-access-to-water-in-morocco\/","title":{"rendered":"AfDB partners with Chinese fund to sustain access to water in Morocco"},"content":{"rendered":"
<\/div>

By Val\u00e9rie K.<\/strong><\/p>\n

The African Development Bank (AfDB) and a Chinese fund signed on December 21, 2018, two loan agreements totaling 115 million euros with the Moroccan National Office of Electricity and Drinking Water (ONEE).<\/p>\n

This is indeed an envelope intended to finance a program for the sustainability and securing of access to water in the country. This program, it is said, benefits a current global population of 2.5 million who will reach 3.3 million by 2040.<\/p>\n

ONEE also specifies that the first agreement concerns a loan granted by the ADB for 79.33 million euros, while the second loan is from the African fund Africa Growing Toghether Fund (AGTF) \u200b\u200bfor an amount of 43.36. millions of dollars, managed by the AfDB.<\/p>\n

At this date, it is the French Development Agency (AFD) which also signed a credit agreement of 50 million euros to ONEE, and intended for the implementation of the Extension and Improvement Program. performance and resilience of the drinking water service in the northern provinces of Morocco. It will benefit about 300 000 inhabitants, nearly half of them in rural areas and the other in urban areas.<\/p>\n

This is indeed an envelope intended to finance a program for the sustainability and securing of access to water in the country.<\/p>\n

At this date, it was the French Development Agency (AFD) which also signed a \u20ac 50 million credit agreement to ONEE for the implementation of the program for the extension and improvement of performance and resilience of the drinking water service in the northern provinces of Morocco. It will benefit about 300 000 inhabitants, nearly half of them in rural areas and the other in urban areas.<\/p>\n

<\/div>","protected":false},"excerpt":{"rendered":"

By Val\u00e9rie K. The African Development Bank (AfDB) and a Chinese fund signed on December 21, 2018, two loan agreements totaling 115 million euros with the Moroccan National Office of Electricity and Drinking Water (ONEE). This is indeed an envelope intended to finance a program for the sustainability and securing of access to water in<\/p>\n","protected":false},"author":527180,"featured_media":464279,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[12040],"tags":[12840,12340],"class_list":{"0":"post-464277","1":"post","2":"type-post","3":"status-publish","4":"format-aside","5":"has-post-thumbnail","7":"category-international-institutions","8":"tag-afdb-en","9":"tag-morocco-en","10":"post_format-post-format-aside","11":"pmpro-has-access"},"yoast_head":"\nAfDB partners with Chinese fund to sustain access to water in Morocco - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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