European Bank for Reconstruction and Development (EBRD) Vice President for Policy and Partnerships Mark Bowman started this Wednesday a three-day working visit to Morocco to meet senior government officials and clients from the public and private sectors.
Discussions will focus on deepening cooperation with Morocco with a view to up-scaling investments to speed up the country’s green transition and support its reform agenda to further unlock private capital and strengthen inclusive growth.
According to EBRD press release, Bowman will also meet public-and private-sector clients, including a number of local banks, to discuss ongoing and future projects and explore ways to expand access to finance and support private-sector development in the country.
Engagement with partner banks and businesses remains a central pillar of the EBRD’s work in Morocco, particularly in supporting the shift to a private sector-led economy and fostering sustainable growth.
Morocco is a founding member of the EBRD and became one of the Bank’s countries of operation in 2012. To date, the Bank has invested €6.2 billion in 129 projects across the country, with 68 per cent of investment going to the private sector.
