On February 11, 2026, the World Bank Group, Morocco’s Ministry of Economy and Finance, and the Agence Française de Développement (AFD) convened a high-level forum, The Power of Co-Financing, to strengthen collaboration among development partners and countries. With development needs growing faster than available resources, co-financing enables partners to pool funds, mobilize private capital, support larger and more complex projects, and deliver results more efficiently. Morocco has demonstrated the effectiveness of this approach, having co-financed five World Bank-supported projects over the past decade, mobilizing over $2 billion across sectors such as urban development, agriculture, transport, and increasingly in health, energy, and digital development.
Speakers highlighted that co-financing is not only about combining resources but also about aligning efforts with country priorities, reducing aid fragmentation, and enabling transformative investments that create jobs and economic opportunities. The forum emphasized the importance of private sector participation in sharing risks and expanding funding, while discussions showcased how shared platforms and joint financing can accelerate progress toward sustainable development, poverty reduction, and shared prosperity. At its core, the initiative reflects a commitment to turning collaboration into collective action, demonstrating that partners working together can achieve more, faster.
