The African Development Bank (AfDB) has praised the new Jossour 2030 strategy launched by Tamwilcom, Morocco's public guarantee institution. The strategy aims to mobilize 300 billion Moroccan dirhams (MMDH) in financing guarantees over the period 2026-2030, marking a significant step in strengthening Morocco's guarantee system.
According to a statement from Tamwilcom, AfDB officials highlighted the strategy's alignment with Morocco's economic development goals, particularly in supporting small and medium-sized enterprises (SMEs) and promoting financial inclusion. The AfDB's recognition underscores the importance of guarantee mechanisms in facilitating access to finance.
The Jossour 2030 strategy builds on previous initiatives and seeks to expand guarantee coverage to new sectors, including green economy and digital transformation. Tamwilcom aims to leverage partnerships with commercial banks to reach underserved businesses.
No specific financial commitments from the AfDB were announced in relation to the strategy. The bank's endorsement is seen as a vote of confidence in Morocco's financial infrastructure and its ability to support economic growth through innovative guarantee products.
