Morocco, Oct. 22 -- The Board of Directors of the African Development Bank Group has approved, USD 487 million in funding for Morocco to advance economic reforms, strengthen climate resilience and support more inclusive growth. The approval was made on October 21.As part of its third phase, the Programme to Support the Strengthening of Economic Governance and Resilience to Climate Change (PGRCC-Phase III) aims to strengthen the role of the private sector as a driver of investment and value creation, whilst refocusing the state on its strategic functions. This operation forms part of the Bank Group's strategic vision, underpinned by its Four Cardinal Points, and aligns with the Kingdom's strategic priorities of accelerating the transformatio...