The European Investment Bank (EIB) increased its funding to Morocco in 2025, focusing on water supply, rebuilding after the Al Haouz earthquake and support for small businesses.
In its 2025 report, the bank said it signed €740m in financing for Morocco. That is 32% more than in 2024. In Morocco, many see this as a sign of strong confidence in the country and a move towards a closer partnership, not just simple loans.
Water supply a top priority
The EIB set aside €70m for the National Office of Electricity and Drinking Water (ONEE) to improve drinking water production and distribution, mainly in small towns and rural areas.
The bank says the goal is to make sure people have reliable access to water and to make the system stronger against climate change.
€500m to rebuild after the earthquake
After the 2023 earthquake in Al Haouz, the EIB released €500m as part of a wider €1bn recovery plan.
The money is being used to rebuild schools, hospitals, roads and other key services. The bank says the new buildings must meet green and energy-saving standards and be better able to withstand future disasters.
From the Moroccan point of view, this is an important step. Authorities say rebuilding is about building stronger and safer facilities for the future.
Energy and small businesses
The bank also signed a €170m deal to strengthen Morocco’s national electricity grid. This should help the country connect more renewable energy and make the system more stable.
Small and medium-sized businesses received around €150m through loans provided by Moroccan banks. More than 1,200 companies benefited in 2025. According to the EIB, this helped protect about 15,000 jobs and create 3,000 new ones.
Some of the money went to companies investing in solar panels, energy-saving equipment and digital tools. The bank also offered guarantees to encourage lending to start-ups and young businesses.
Business leaders in Morocco say this support is important as local companies face tougher environmental rules when exporting to Europe.
Africa and climate spending
Across Africa, the EIB invested €3.1bn in 2025, about one third of its activity outside the European Union. Nearly half of its new investments in Africa – 46% – went to climate and environmental projects.
Worldwide, the EIB Group signed a record €100bn in financing in 2025.
EIB President Nadia Calviño said the bank is working on partnerships in Africa based on “mutual respect” and wants its projects to have a real impact on people’s daily lives.
