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France funds Sahara ports
The National Ports Agency and the French Development Agency signed an agreement in Rabat to mobilize €100 million in financing to develop Morocco’s port infrastructure, with a focus on the southern provinces and green ports. The financing takes the form of a concessional, non-sovereign loan repayable over 13 years. It will support an investment program running from 2023 to 2030 that includes port rehabilitation, renewable energy, water desalination, the modernization of fishing ports, and emissions reductions. The projects cover the ports of Tan-Tan, Tarfaya, Laayoune, Boujdour, Dakhla, and Mahiriz.
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