The EIB has worked with Morocco since 1979, making the country a long-standing partner in the Southern Neighbourhood.
Our operations support sustainable climate investments, provide liquidity for micro, small, and medium enterprises (MSMEs), and reinforce financial and microfinance institutions to help women and vulnerable populations. During the COVID-19 crisis, EIB’s funding contributed to better health services and working conditions, such as the Prince Moulay Abdellah hospital in Salé, chosen as regional reference centre for COVID-19 patients. These long-term investments foster development and promote inclusive growth for all Moroccans.
Morocco also benefits from EIB support through the Economic Resilience Initiative (ERI). Under ERI, we support regional integration and stability by investing in higher education, research and innovation. Through our €70 million loan to the EuroMed University, flanked by a €13 million grant from the European Union’s Neighbourhood Investment Facility, over 6 000 students from all the Euro-Mediterranean countries can study with lower tuition fees at a brand new eco-campus in Fez, while benefitting from international mobility and double diplomas. During the COVID-19 health crisis, a 500 000 euro grant to the University financed 3D printers to produce reusable protective medical masks for hospitals, as well as IT equipment for 422 scholarship students to ensure continued education.
At a glance
The EIB provides finance and expertise for sound and sustainable investment projects in Morocco.