Casablanca – In 2025, Morocco strengthened its partnership with the European Bank for Reconstruction and Development (EBRD) by securing new financing agreements totaling approximately $1 billion. This significant portfolio highlights the Kingdom’s ongoing economic reforms and underscores its growing appeal as a destination for sustainable international investment.

Greg Guyett, First Vice-President of the EBRD, emphasized the significance of this achievement in an interview with the Moroccan News Agency (MAP). He noted that Morocco’s strong macroeconomic stability, underpinned by prudent public policies and guided by the Moroccan king, has played a critical role in attracting international confidence and investment.

Economic stability and sovereign rating upgrade

Guyett described Morocco’s reforms as highly effective in supporting private-sector development and stimulating economic growth. He highlighted that these policies have helped create a stable macroeconomic environment, with robust GDP growth accompanied by relatively low inflation.

A key illustration of this success is Morocco’s recent upgrade to investment-grade status by international credit rating agencies. Guyett indicated that this milestone demonstrates the effectiveness of government policies under royal guidance, reflecting both domestic and international confidence in the Kingdom’s economic model.

EBRD’s strategic focus in Morocco

The EBRD’s strategy in Morocco centers on three main pillars: supporting private-sector growth, fostering resilient and sustainable energy and industrial systems, and promoting rural development. The new financing is designed to strengthen SMEs’ access to local and international value chains, while also supporting training programs for youth and women to improve workforce skills and enhance economic inclusion.

Water resource management has emerged as a top strategic priority for the EBRD’s activities in Morocco. The Kingdom faces growing pressures from climate change, and the government has implemented a national plan to ensure a resilient and sustainable water environment. Energy transition is another key focus, with Morocco pursuing an ambitious strategy to develop renewable energy and modernize its electricity network, aiming to enhance both environmental sustainability and energy security.

Key projects and financing initiatives

Among the projects included in the 2025 portfolio, the EBRD and Morocco signed a financing agreement of $162 million for the “Saïss Plain Water Conservation – SAISS III” project. This initiative seeks to conserve and optimize water resources in one of Morocco’s most important agricultural regions, contributing to long-term water security and environmental sustainability.

In addition to water and energy projects, Morocco has introduced measures to attract foreign investment, including the creation of Industrial Acceleration Zones. These zones are designed to enhance competitiveness, expand production capacity, and position Morocco as a regional hub for investment and manufacturing. They leverage the Kingdom’s competitive production costs, political stability, and strategic proximity to key markets in Europe and the Gulf.

International confidence and future prospects

Guyett stressed that the record $1 billion portfolio reflects growing confidence from international partners in Morocco’s economic policies and development model. By combining macroeconomic stability, structural reforms, and targeted investment in strategic sectors, Morocco has strengthened its position as a leading destination for sustainable investment in North Africa.

Looking ahead, the EBRD’s cooperation with Morocco is expected to expand further across renewable energy, water management, industrial modernization, and private-sector development. These initiatives aim to reinforce economic resilience, foster inclusive growth, and promote environmental sustainability.

The $1 billion portfolio in 2025 marks a new high point in Morocco-EBRD cooperation. Through sustained macroeconomic stability, structural reforms, and strategic investment in critical sectors, Morocco is consolidating its status as a regional leader in sustainable development and an attractive destination for international investors.