Morocco signs $282 million financing agreements with African Development Bank -MAP

DUBAI (Reuters) – Morocco has signed three financing agreements with the African Development Bank worth more than 2.9 billion dirham ($281.96 million), Morocco state news agency (MAP) reported on Tuesday.

The first agreement would finance a health infrastructure program with about $126.4 million, while another agreement would support a social coverage program with about $155.6 million.

The third agreement is for financing an emergency assistance project following the deadliest earthquake in the country’s recent history in September, with $1 million.

($1 = 10.2850 Moroccan dirham)

(Reporting by Nayera Abdallah; Editing by Kirsten Donovan)