The International Finance Corporation (IFC) and Morocco's Tamwilcom have launched a $300 million financing facility to support small and medium-sized enterprises (SMEs) in the country. The initiative, announced on April 21, 2026, aims to provide critical funding to businesses, particularly those led by women and those contributing to climate-related projects.
The IFC, a member of the World Bank Group, is providing a $100 million loan, while Tamwilcom, a state-backed guarantee and financing company, is mobilizing an additional $200 million from local commercial banks. This blended finance structure is designed to de-risk lending and encourage private sector participation in SME financing.
The facility is expected to support thousands of Moroccan SMEs, which are crucial for job creation and economic growth but often face significant challenges in accessing credit. A portion of the funds is specifically earmarked for green projects and women entrepreneurs, aligning with broader development goals.
This partnership builds on a longstanding relationship between the IFC and Tamwilcom, which have previously collaborated on similar programs to strengthen Morocco's financial sector and support its private enterprises.
