AfDB support Morocco with €87 million loan to address growing demand for health services

 The Support Program for the Generalization of Social Coverage in #Morocco will extend social protection for early childhood, young people and the self-employed, and address growing demand for #health services with an €87 million loan from the African Development Bank.

“Social protection is a major focus of our initiatives in Africa,” said Martha Phiri, the Bank’s Director for Human Capital, Youth and Skills Development. She added that the new program would protect and unlock people’s potential and improve the quality of human capital.

Achraf Hassan Tarsim, the Bank’s Country Manager in Morocco, said the program would benefit 11 million self-employed workers, 1.6 million of whom are farmers – and their dependents, as well as seven million children and young people.  

It will also provide insurance for five million self-employed workers and help 20% of informal economy workers to migrate towards formal, sustainable and more stable employment. “We are paving the way for universal coverage,” he added.