Morocco and the African Development Bank sign US$ 500,000 grant agreement for humanitarian emergency relief support

News and Press Release
Originally published
ADDIS ABABA, 4 JUNE 2003 - Mr. Theodore Nkodo, Vice-President of the African Development Bank (ADB) in charge of operations North, East and South, and Mr. Fathalla Oualalou, Minister of Finance and Privatisation of Morocco, on Wednesday 4 June 2003 in Addis Ababa, signed an agreement for a grant of US$ 500,000 in favour of Morocco to alleviate the suffering of the communities affected by the November 2002 floods.

The main beneficiaries of the grant will be the 341 families hardest hit by the floods in Mohamedia (in the Grand Casablanca region) and Settat (in the Chaouia-Ouardigha region), two areas located in the North-West of Morocco and through which two cyclic-flooding oueds flow. The beneficiaries of the grant, estimated at about 2,000 people are among the poorest in Mohamedia and Settat. They comprise mainly farmers and small stockbreeders who lost their agricultural equipment as well as some heads of cattle after the floods. Furthermore, this disaster has exacerbated their already precarious health and nutritional situation, thereby worsening their living conditions.

The Bank's humanitarian aid aims to cater for the needs of the disaster-stricken families which remained unfulfilled in spite of the different forms of support and solidarity shown after the floods. It will thus help to satisfy the basic emergency needs (food, health and clothes) of the disaster victims, particularly the 341 families identified as being hardest hit by the floods who are still living in make-shift shelters. On the other hand, the Bank's assistance will be used to partially reconstitute the production means (agricultural tools and inputs, some heads of sheep and cattle) of 141 farming families and small stockbreeders, identified as being the hardest hit in the Settat rural area.

Bank Group operations in Morocco started in 1970. To date, the Group has committed a total amount of US$ 3.55 billion.

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