The African Development Bank (AfDB) granted, on Wednesday, a loan of 120 million euros to Morocco, to support and strengthen the country’s small and medium-sized enterprises.
In Morocco, participatory financing stands at 11.84 billion dirhams (+50.7%) at the end of September, of which 10.09 billion dirhams for the real estate sector. This is indicated by the latest statistics from Bank Al-Maghrib (BAM) .
The Moroccan government wants to equip crowdfunding with a legal framework. The crowdfunding bill was presented to Parliament last Tuesday by the Minister of Finance.
The Council of Government has examined and approved draft law No. 15.18 relating to collaborative financing, before its transmission to Parliament at the next session.