The European Investment Bank (EIB) has begun 2026 on a strong footing in Morocco, with four new financing agreements worth a total of 375 million euros signed in the first quarter, after a record year for funding in 2025.
The fresh commitments follow an exceptional 2025, during which the EIB, through its development arm EIB Global, signed 740 million euros in financing in Morocco, the highest annual amount since 2012, Le Matin reported.
In January 2026, the EIB approved an additional 10 million euros in financing for Morocco’s inclusive and sustainable forest management project, bringing its total commitment to 110 million euros. The new funding supplements an initial 100-million-euro operation signed in 2023.
The program, implemented by the National Agency for Water and Forests (ANEF) under the “Forests of Morocco 2020–2030” strategy, covers the 2024–2028 period and benefits from a European Union guarantee as well as an investment grant from the EU’s Neighborhood Investment Platform (NIP), according to Le Matin.
In February, the bank signed a 300-million-euro loan agreement with the National Motorways Company of Morocco (ADM). The financing is intended to support a broad program to modernize and strengthen the resilience of the national motorway network, against a backdrop of climate challenges, economic acceleration and preparations for major international sporting events expected by 2030.
In March 2026, the EIB and the National Railway Office (ONCF) concluded an additional 50 million euros in financing under a loan agreement initially signed in 2022. This supplementary funding is accompanied by 15 million euros in EU investment grants provided via the Neighborhood Investment Platform.
Looking ahead, the EIB said it will continue throughout 2026 to support “structuring investments in Morocco,” notably in infrastructure modernization, access to water, the energy transition, post-earthquake territorial development and support for the private sector.
