The European Bank for Reconstruction and Development (EBRD) celebrated record contract signings with Morocco totaling approximately $1 billion in 2025, marking unprecedented collaboration between the development institution and the North African kingdom.
The bank’s First Vice President Greg Guyett, who is on a visit to the Kingdom this week, attributed this positive momentum to close partnerships established with the Moroccan government alongside private sector clients, encompassing both large corporations and small and medium-sized enterprises. The bank’s objective involves continuing investment, particularly in private sectors, supporting business growth throughout Morocco.
He said he was impressed with the dynamism of Morocco’s economy and investment plans, noting that the bank has grown its support meaningfully in 2025 and has a strong pipeline with the private sector, on SME development.
Guyett highlighted in this connection several programs collaborating with partner banks to support Moroccan enterprises, whether small or medium-sized, creating conditions enabling easier market access. Programs also include educational initiatives, particularly those empowering youth and women.
The bank’s Morocco operations cover diverse objectives including developing energy and industrial systems. EBRD capitalizes on existing investments to revamp other new and future projects spanning priority sectors, particularly water infrastructure.
Energy represents a focal point in the bank’s strategy, particularly renewable energy and electricity grid improvements. Morocco targets generating electricity needs from renewables, with projections securing 52 percent of electricity from renewable power by 2030. Renewable resources currently contribute over 45 percent to the country’s electricity generation and grid capacity.
The milestone reflects Morocco’s strengthened position as a preferred EBRD investment destination, demonstrating the kingdom’s successful economic reform implementation and attractive business environment. The development bank’s sustained engagement signals confidence in Morocco’s growth trajectory and commitment to advancing sustainable development objectives across strategic sectors. This partnership positions Morocco to accelerate its energy transition while supporting industrial modernization and private sector expansion critical for sustained economic development and job creation throughout the kingdom.
