The European Bank for Reconstruction and Development (EBRD) anticipates a record year for contract signings with Morocco, driven by the energy, industrial, and private sector support sectors.
Financial commitments between Morocco and the EBRD are expected to reach an unprecedented level in 2025, with a total estimated at nearly one billion dollars, announced Greg Guyett, Senior Vice President of the financial institution. This performance marks a significant milestone in the strategic partnership between the bank and the kingdom.
Speaking at an annual review, Greg Guyett emphasised that this exceptional momentum stems from close cooperation with the Moroccan government, as well as with private sector stakeholders.
“This record year is the result of a strong partnership with the Moroccan authorities and with an economic fabric composed of both large companies and small and medium-sized enterprises,” he stated, according to the Moroccan Press Agency (MAP).
The EBRD intends to continue and strengthen its investments in Morocco, with a particular focus on the private sector, considered a key driver of economic growth.
According to Guyett, the objective is to “support the growth of private companies” and enhance their market access through tailored financing mechanisms and partnerships with local banks.
Several programs have been launched in collaboration with Moroccan financial institutions to facilitate access to credit for SMEs. These programs are complemented by non-financial initiatives, including training and mentoring programs specifically targeting young entrepreneurs and women, to strengthen economic inclusion and empower talent.
At the sectoral level, the EBRD’s activities in Morocco cover a broad range of strategic priorities.
Energy and industry are central to its investment portfolio, in a context where the kingdom is accelerating its transition to a more sustainable economic model. The bank is also involved in the restructuring and development of projects related to other key sectors, notably water, which is considered a strategic issue in the face of increasing water tensions.
Energy, however, remains a central focus of the EBRD’s strategy in Morocco, particularly the development of renewable energies and the strengthening of the electricity grid. The kingdom has set itself the objective of increasing the share of renewable energies in its electricity mix to 52 percent by 2030.
Currently, renewable resources already represent more than 45 percent of the installed capacity and
supply to the national grid.
Through these commitments, the EBRD confirms Morocco’s role as one of its main countries of operation in the region, and as a key partner in promoting inclusive, industrial, and low-carbon growth.
MK/ac/fss/as/APA