Morocco and African Development Bank sign letter of intent for domestic resource mobilization in Africa
via Le Matin1 min read
In Washington D.C., Morocco and the African Development Bank AfDB signed a letter of intent to strengthen cooperation in taxation and domestic resource mobilization. This occurred during the Spring Meetings of the World Bank Group and the International Monetary Fund. Morocco's Minister of Economy and Finance, Nadia Fettah, met with AfDB Group President Sidi Ould Tah, where they praised their strong partnership. Discussions included preparations for the 2026 AfDB Annual Meetings and shared priorities for economic development and institutional capacity building in Africa. The agreement commits Morocco to sharing its expertise, human resources, and logistics with the AfDB to support member countries in developing more efficient tax systems and enhancing national resource mobilization. This initiative aligns with King Mohammed VI's vision to share Morocco's experience for Africa's development and reinforces the Kingdom's role as a South-South cooperation and capacity-building partner.
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