The International Finance Corporation (IFC), a member of the World Bank Group, has announced a commitment of $1.2 billion to support Morocco's private sector over the next three years. The announcement followed a meeting on April 17, 2026, in Washington D.C. between IFC Managing Director Makhtar Diop and Morocco's Minister of Economy and Finance, Nadia Fettah, on the sidelines of the World Bank-IMF Spring Meetings.
The funding is designed to bolster key sectors of the Moroccan economy, with a significant focus on accelerating the country's green transition. This includes investments in renewable energy, green hydrogen, and sustainable infrastructure projects. The IFC stated that the support aims to enhance competitiveness, create jobs, and foster inclusive economic growth.
This substantial financial package underscores the IFC's confidence in Morocco's economic reforms and its potential as a regional hub for green investment. The collaboration is expected to help Morocco meet its climate goals while strengthening the resilience of its private sector in a challenging global economic environment.
