In the year 2025, the European Investment Bank (EIB) signed 740 million euros (7,988,744,000 DH) in financing for Morocco. With this 32% increase compared to 2024, it marks the highest level of support since 2012, primarily benefiting the energy transition, inclusive sustainable development, and resilience. DR ‹ › The European Investment Bank (EIB) has signed financing agreements worth €740 million (MAD 7.998 billion) in Morocco for 2025, marking a 32% increase compared to the €500 million (MAD 5.3 billion) mobilized in 2024. Adrien de Bassompierre, Head of the EIB Representation in Morocco, highlighted the figure on Tuesday in Rabat as evidence of the Bank's «commitment to resilience, energy transition, security, water, and post-earthquake reconstruction of essential infrastructure». Speaking at the annual press conference of the European Union Delegation and the EIB, he stressed that this momentum contributes to «sustainable and inclusive development benefiting citizens, within the framework of close cooperation» between Morocco and the EU. In the drinking water and water security sector, the EIB signed a €70 million agreement in 2025 with the water branch of the National Office of Electricity and Drinking Water (ONEE), backed by an EU guarantee. According to de Bassompierre, «the objective is to modernize drinking water production and distribution systems», particularly in small and medium-sized towns as well as rural areas. The aim is to strengthen Morocco's water resilience, with positive impacts on both public health and local development. A second operation targeted the energy transition sector, with the EIB investing €170 million in the electricity branch of ONEE, again supported by an EU guarantee. The goal is «to modernize and expand the electrical grid to allow for greater integration of renewable energy, ensuring system stability, energy security for Morocco, and supporting the green transition, which is an integral part of the specific partnership objectives with the EU», de Bassompierre added. This initiative was co-financed with KfW, the German government's development bank. Supporting a Sustainable and Resilient Economy A third major operation in 2025 focuses on post-earthquake reconstruction following the 2023 earthquake, continuing financing efforts launched in 2024. «We signed an agreement with the Moroccan government for €500 million, representing the second tranche of a €1 billion program, with EU guarantee and support», the EIB official noted. The program targets «the rehabilitation of roads, schools, and healthcare facilities», complementing EU grant support under a blended finance approach. According to de Bassompierre, the impact extends beyond rebuilding essential infrastructure to supporting «economic recovery, improved connectivity of affected areas, and their long-term development». In the public sector, EIB disbursements in Morocco reached €180 million in 2025. These funds supported improvements in rural schooling to reduce dropout rates, particularly among girls, urban development projects, the expansion of water and electricity networks, security, and the decarbonization of transport infrastructure, including rail and road. In the private sector, €30 million was disbursed to Banque Centrale Populaire under the EU-backed Trade and Competitiveness program. The funding aims to strengthen value chains in three key sectors: automotive, textiles, and agriculture. According to de Bassompierre, this operation enhances «the competitiveness of Moroccan SMEs, particularly those exporting garments». Support for Social Action and Infrastructure Another pillar of EIB activity in 2025 relates to social initiatives through the EIB Institute, the Bank's philanthropic arm. The Institute is supporting the creation of music clubs in public secondary schools across Morocco. «We have made significant progress on this project launched in January 2025. We were present in 14 institutions across three regions. Today, at the beginning of 2026, we are in 76 high schools and colleges across six regions», de Bassompierre said. He emphasized that extracurricular activities help develop students' «leadership, creativity, and social organization skills». Looking ahead to 2026, the EIB plans to continue supporting essential infrastructure deployment, with a focus on community development, energy transition, and climate resilience. This includes financing ONEE's equipment plan for both water and electricity branches, strengthening drinking water networks, reinforcing the electricity grid, and supporting the decarbonization of the national energy system. The Bank will also prioritize green hydrogen production, energy efficiency, sustainable transport and mobility, with a strong emphasis on infrastructure resilience, adaptation, and greening. Additionally, it will continue supporting SME access to financing through Moroccan institutions, alongside investments in social infrastructure such as universities and support for digital transition initiatives. This trajectory forms part of a broader Morocco–European Union cooperation framework. Between 2014 and 2024, the EIB averaged €410 million in annual financing in Morocco. Of that total, 40% supported SMEs and industry, 19% renewable energy, 17% sustainable transport, 12% water management and urban planning, and 12% health and education.
