Driss Charrier-Rachidi
- European Investment Bank
- Communication Department
- Riad Business Center, Aile sud, Immeuble S3, 4 étage Avenue Attine
- L-2950 Rabat
- Morocco
The European Investment Bank (EIB), through EIB Global, has presented its 2023 results for Morocco at a press meeting. It recorded €320 million (approximately MAD 3.5 billion) in new financing for projects focused on regional economic development and sustainable and inclusive forest management, and in support of small and medium-sized enterprises.
At the European Investment Bank (EIB) Group Forum on 7 and 8 February in Luxembourg, the EIB and Caisse de Dépôt et de Gestion (CDG) du Maroc reaffirmed their mutual commitment to sustainable development and climate finance, and announced the signature of a €115 million (MAD 1.3 billion) finance contract for the Technopoles Maroc II project with MEDZ on 29 December 2023. This operation aims to promote regional economic development and help establish Morocco as a competitive carbon-free industrial hub.
The European Investment Bank (EIB) and the Moroccan Ministry of Economy and Finance are pleased to announce that a financing agreement totalling €100 million (approximately MAD 1.08 billion) has been signed today, 28 December 2023. The agreement will help finance Morocco’s inclusive and sustainable forest management project, and will also be backed by a European Union (EU) guarantee. Running over a period of five years (2024-2028), the operation will be implemented by the National Agency for Water and Forests (ANEF) in support of the 2020-2030 Forests of Morocco strategy.