Rabat – Bank Al-Maghrib (BAM) and the International Finance Corporation (IFC) have signed a cooperation framework to improve agricultural resilience and push for growth.
The two institutions signed the agreement on Wednesday in Rabat, with the aim of contributing to Morocco’s food systems.
As climate pressures intensify and small farms face mounting challenges, the two institutions set out the common goal to build a more stable future for agriculture through tailored financial tools and smarter use of technology.
Over the past six years, Morocco has faced severe agricultural hardship, largely caused by a prolonged drought that lasted the entire period, depleting the country’s soil and water reserves.
Rather than offering generic solutions, the new partnership places smallholder farmers at the center. The goal is to support them through tough seasons as well as to help them expand their activities sustainably.
This vision falls in line with Morocco’s national objectives on agricultural inclusion and food security through 2030.
One of the more innovative aspects of the agreement lies in its focus on AgTech, a technology designed for agricultural needs.
Through this partnership, such tools will become more accessible, especially for those who often remain outside the reach of traditional banking.
Under the agreement, BAM and the IFC want to combine their knowledge and resources to ensure farmers receive more than just funding. They will also benefit from expert advice, connections across value chains, and access to financial services that reflect their daily realities.
The agreement also brings a new level of collaboration between public and private actors in the financial ecosystem.
By encouraging better use of data, clearer communication, and practical outreach to rural communities, the partners strive to give farmers a firmer grasp of their options and the confidence to act on them.
Morocco’s agricultural future depends on equipping its smallest farms with the tools and support they need to grow, adapt, and thrive.
