Bank Al-Maghrib (BAM) and the International Finance Corporation (IFC) have signed a strategic agreement aimed at strengthening financial inclusion in the Moroccan agricultural sector. This partnership, formalized on June 18 in Rabat, reflects a shared commitment to support the resilience of smallholder farms and promote inclusive, sustainable, and technologically innovative economic growth.
The agreement particularly emphasizes the development of AgTech – connected agriculture – as a lever for transformation. The goal is to facilitate farmers’ access to tailored financing solutions through the integration of advisory, management, and data technologies. By mobilizing financial actors around modern tools, the system will also better leverage agricultural data to inform financing decisions.
This partnership fully aligns with the Kingdom’s commitments regarding food security by 2030 and the modernization of agricultural value chains. BAM and the IFC aim to create a dynamic framework to bring financial offerings closer to the real needs of farmers, particularly in terms of awareness, support, and inclusion in formal economic circuits.