News

Industries

Companies

Jobs

Events

People

Video

Audio

Galleries

Submit content

My Account

Advertise with us

Morocco secures $316m from AfDB for World Cup-ready airports

The African Development Bank has approved a €270m ($316m) loan to Morocco to upgrade airport infrastructure ahead of the 2030 FIFA World Cup, aiming to boost passenger capacity and support the country’s growing tourism sector.
Source: viarami via
Source: viarami via Pixabay

Morocco is investing AED38bn ($4bn) to increase airport passenger capacity to 80 million by 2030, up from 38 million currently, in preparation for a rise in tourist arrivals during the World Cup, which it will co-host with Spain and Portugal.

The North African nation, Africa’s most visited country in 2024, set a new tourism record in 2025 with 18 million arrivals by November, surpassing last year’s total of 17.4 million.

The AfDB financing will expand passenger terminals and modernise airport equipment in Marrakech, Agadir, Tangier, and Fez, key tourist destinations, according to a statement from the bank.

This loan brings the AfDB’s total commitments to Morocco in 2025 to €1.3bn, cementing Morocco as the bank’s largest client on the continent.

Morocco is also expanding the fleet of its state-owned carrier Royal Air Maroc to strengthen Casablanca as a regional hub connecting Africa with Europe and the Americas.

Source: Reuters

Reuters, the news and media division of Thomson Reuters, is the world's largest multimedia news provider, reaching billions of people worldwide every day.

Go to: https://www.reuters.com/

About Ahmed El Jechtimi

Reporting by Ahmed El Jechtimi; Editing by Susan Fenton.
More news
Let's do Biz