Econostrum | Economic News in the Mediterranean

AFD to support the development of the SSE in Morocco

Written by Eric Apim on Tuesday, April 6th 2021 à 14:51 | Read 587 times

The signing of the grant agreement paves the way for a diagnostic study of the Moroccan SSE ecosystem (photo: AFD)
The signing of the grant agreement paves the way for a diagnostic study of the Moroccan SSE ecosystem (photo: AFD)
MOROCCO / FRANCE. The French Development Agency (AFD) and the Moroccan Ministry of Tourism, Handicrafts, Air Transport and the Social Economy signed a €1.5 million grant agreement on Thursday 1 April 2021.

This sum will be allocated to "strengthening the regulatory framework of the social and solidarity economy and its territorial application through the implementation of support mechanisms for social innovation", as stated in a joint press release published on Tuesday 6 April 2021.

The agreement between the Moroccan government and AFD will enable the implementation of technical assistance to support the Ministry in charge of the Social Economy in updating the draft framework law in favour of the SSE. It will mainly include a diagnostic study of the SSE ecosystem in the country, the updating of the framework law, the text of the law and its application decrees and the implementation of support mechanisms for social innovation in the SSE. "Our ambition for this draft framework law is to make the SSE sector known and recognised as a fully-fledged economic and social sector, to agree on a clear vision of the roles and responsibilities of all actors, institutions and professionals, particularly in terms of implementing public policies to promote this sector, to establish accompanying incentive measures in terms of financing, monitoring, good governance, training, exchange of expertise and social innovations, and a repositioning on the strategies and other laws in force", comments Nadia Fettah Alaoui, Minister of Tourism, Handicraft, Air Transport and Social Economy.

Hélène Le Gal, French Ambassador to Morocco, said she was "convinced that the sharing of experiences between France and Morocco in the field of the Social Solidarity Economy constitutes a channel of cooperation likely to stimulate new forms of partnerships in favour of social innovations, particularly for the benefit of the most vulnerable populations, and for the shared benefit of our two countries.

"The potential of the SSE is underestimated"

In their press release, the partners stress that "the political will to establish the Social Solidarity Economy as a contributor to wealth and development is one of the answers to the socio-economic challenges of Morocco, by reconciling the principles of equity and social justice with economic development. A communication and awareness campaign to strengthen the regulatory framework of the SSE will accompany the whole process.

Mihoub Mezouaghi believes that "the potential of the social and solidarity economy is probably underestimated, since it is often reduced to the fabric of agricultural cooperatives. Director of AFD in Rabat, he insists on the fact that "entrepreneurship, housing, health and education are also key components of the Social Solidarity Economy, which can contribute up to 12 to 15% of GDP in some European countries. We are seeing more initiatives with a social, environmental and economic impact, most often carried out by local players rooted in a territory. And when these initiatives are embedded in an institutional framework favourable to their development and aggregation, they can have a strong leverage effect on economic growth and social resilience.


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