RicherFin · Sovereign Projects

Morocco - Transformation support program for an Entrepreneurial Digital Moroccan University (UM4.0 Program) — Morocco

Morocco · Beni Mellal, Taroudant · Higher education

Overview

The total cost of the PACTE ESRI 2030 program is estimated at 856.8 million euros. The Bank is providing financing of 120 million euros (equivalent to 97.77 million UA), in parallel with the World Bank, for which the amount approved by the Board of Directors in December 2023 is 281.4 million euros (equivalent to 300 million USD). The project contributes to climate finance, with 26 million USD of the total approved amount dedicated to mitigation.

Key project information

Official name
Morocco - Transformation support program for an Entrepreneurial Digital Moroccan University (UM4.0 Program)
Status
Ongoing
Current phase
Ongoing
Country
Morocco
Location
Beni Mellal, Taroudant
Sector
Higher education
Project structure
Public investment / AfDB sovereign financing
Estimated project cost
XDR 101.1m
Expected completion
2028-12-31