Initialed by the Director General of ADA, El Mahdi Arrifi, and the Director General of Azur Partners, Tarik Haddi, during a ceremony chaired by the Minister of Agriculture, Maritime Fisheries, Rural Development and Eaux et Forêts, Mohamed Sadiki, this memorandum of understanding concerns the financing and investment of funds managed by Azur Partners in innovative and sustainable agricultural projects.
Imbued with a strategic vision, this project is firmly in line with the dynamics of the “Green Generation 2020-2030” strategy. Its main objective is to facilitate the agricultural transition towards competitive agriculture adapted to climate change.
It thus aims to breathe new vigor into innovative and sustainable agricultural projects through the financing and investment of funds managed by Azur Partners.
Through this partnership, the ADA affirms its commitment to supporting and promoting agricultural initiatives that meet the criteria of sustainability and innovation. This agreement also represents a significant step in the realization of these commitments.
The said agreement comprehensively encompasses the private equity and venture capital funds managed by Azur Partners, including the Nebétou Fund which is dedicated to supporting businesses and high value-added operations.
These also include Afoulki Invest, as an accelerator of agritech companies, and Azur Innovation Fund, dedicated to fundraising for innovative and scalable agricultural startups.
This project will make it possible to launch a number of initiatives for the benefit of farmers, young people and investors with a view to promoting resilient agriculture in the face of climate change, and to develop climate-smart agriculture, said Mr. Arrifi in a statement to the MAP, following the signing ceremony.
He noted that Azur Partners manages three investment funds specializing in innovation, the development of sustainable agriculture and investment support in the agricultural sector.
For his part, Mr. Haddi stressed that Azur Partners has supported around thirty companies in the fields of agriculture, agri-food and new technology.
This memorandum of understanding with the ADA, a partner of the company since 2011, will contribute to the adaptation of this project to the criteria of the Kingdom’s agricultural strategy.
The ADA is a public establishment placed under the supervision of the Ministry of Agriculture, Maritime Fisheries, Rural Development, Water and Forests, which works to promote the development of sustainable, competitive and climate change-resilient agriculture. .
Organized until April 28 under the theme “Climate and agriculture: For sustainable and resilient production systems”, SIAM sees the participation of nearly 70 countries, including Spain as guest of honor, and 1,500 exhibitors.
More than 950,000 visitors are expected at this high mass of Moroccan and international agriculture which offers a rich program of 40 conferences and round tables on crucial current themes.
2024-10-06 21:09:59