Public Management

Morocco allocates $14 billion to water supply and irrigation projects

Morocco allocates $14 billion to water supply and irrigation projects
Thursday, 11 May 2023 05:26

Morocco is facing water shortage caused by a severe drought. To tackle the situation, the kingdom is ramping up its efforts to develop infrastructure to improve water management and access.

Morocco will allocate 143 billion dirhams ($14.2 billion) to its 2020-2027 National Program for Drinking Water Supply and Irrigation. The funds should help the country curb the effects of the drought it is currently experiencing, according to a statement from the Ministry of Equipment and Water, released on May 9.

In detail, the funds will be used to speed up the interconnection of the hydraulic basins of Sebou, Bouregreg, and Oum Er-Rbia, schedule new dams, and update the costs of about twenty planned dams. They should also help accelerate projects to mobilize unconventional water resources and improve the drinking water supply in rural areas.

According to the World Bank, renewable water resources available in Morocco dropped from 2,560 m3 per head per year to about 620 m3 from 1960 to 2020, putting the country under “structural water stress".

This situation, paired with global inflationary pressures, could have repercussions on the purchasing power of the poorest and most vulnerable households, in a context where the annual inflation rate increased from 1.4% in 2021 to 6.6% in 2022, according to the IMF.

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Blue Earth Capital secures over $100 million first close Impact secondaries strategy targets emerging markets, including Africa and...
Coris buys Portugal state’s 59.81% stake in Banco Comercial do Atlântico Deal approved by Portugal and Cape Verde regulators Transaction...
Togolese banks provided 16.2% of WAEMU cross-border credit by September 2025 Regional cross-border financing rose to CFA405.6 billion Credit...
Sahel Capital secures $29 million first close for agribusiness fund SCAF II targets West African agribusiness value chains Fund makes first...
Most Read
01

Africa’s energy & mining exports benefit from US tariff exemptions, cushioning trade as most other...

Africa’s Energy Boom in 2026 Puts AfCFTA at the Heart of Its Trade Response to US Tariffs
02

Development Partners International sold its 20.17% stake in Atlantic Business International for mo...

DPI Exits Atlantic Business International in $200 Million-Plus Deal
03

Nigerian fintech Paystack launches Paystack Microfinance Bank Bank created after acquiring ...

Stripe-Owned Paystack Enters Nigerian Microfinance Banking Via Acquisition
04

Nigeria granted Amazon Kuiper a seven-year license starting February 2026 The move opens comp...

Amazon wins approval to enter Nigeria’s satellite internet market
05

This week in Africa, Africa CDC continues its clinical trial on mpox, while a new study highlights l...

Weekly Health Update| Rising diabetes rates raise health risks in Morocco and the MENA region
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.