Strategic Morocco–France Partnership: National Ports Agency (ANP) and French Development Agency (AFD) Finalize a Third €100 Million Financing Agreement Dedicated to the Development of the Southern Provinces and Green Ports

The National Ports Agency (ANP) and the French Development Agency (AFD) officially signed a joint declaration on Tuesday, 3 November 2026, concerning the third financing agreement under the ANP–AFD strategic partnership, amounting to a total of €100 million.

The official signing ceremony was attended by Mr. Nizar BARAKA, Minister of Equipment, Water and Forests; H.E. the Ambassador of France to Morocco; Mr. Abdellatif ZAGHNOUN, Director General of the National Agency for the Strategic Management of State Participations (ANGSPE); the Director General of the ANP; and the Director of the AFD in Morocco.

This signing formalizes the commitments made on 28 October 2024 during the state visit of the President of the French Republic to the Kingdom of Morocco. It also reflects the exemplary strength of the friendly relations and economic cooperation between Morocco and France.

A Non-Sovereign Loan Reflecting the ANP’s Financial Strength

This financing takes the form of a subsidized 13-year non-sovereign loan, granted without a State guarantee. The approval of this loan confirms the renewed confidence of international financial partners in the ANP’s sound management practices, the strength of its financial model, and its ability to independently undertake major investment programmes.

This financial support will contribute to the implementation of the ANP’s 2023–2030 investment programme, structured around four major priorities:

1. Rehabilitation and strengthening of port infrastructure;

2. Development of renewable energy and unconventional water desalination;

3. Expansion and modernization of fishing ports;

4. Decarbonization and electrification of port quays.

A Strategic Focus on the Moroccan Sahara and the Atlantic Coastline

A significant portion of this programme is dedicated to infrastructure located in the Southern Provinces. These investments are fully aligned with the Kingdom’s sovereignty over its Sahara and translate the enlightened vision of His Majesty King Mohammed VI, May God Assist Him, aimed at transforming the Atlantic coastline into a hub for economic integration, connectivity and outreach towards Africa’s hinterland, through the Atlantic Initiative and South-South cooperation.