The year 2025 will mark a record level of new contracts signed between Morocco and the European Bank for Reconstruction and Development (EBRD), with total commitments expected to reach around $1 billion, according to the Bank’s First Vice-President, Greg Guyett.
In an interview with the Moroccan News Agency (MAP), Guyett attributed this strong momentum to the close partnership the EBRD has built with the Moroccan government, as well as with private-sector stakeholders, including large companies and small and medium-sized enterprises (SMEs). He stressed that supporting the private sector remains the Bank’s core objective in Morocco, as a key driver of sustainable economic growth.
Guyett explained that several programs are currently being implemented in cooperation with partner banks to help SMEs gain better access to supply chains and markets. These initiatives are complemented by education and capacity-building programs, particularly targeting young people and women, with the aim of enhancing skills and employability.
He noted that the EBRD’s strategy in Morocco is structured around three main pillars: strengthening and developing the private sector, advancing future-oriented energy and industrial systems that are more resilient, affordable and cleaner, and promoting rural development.
Looking ahead, Guyett identified water and water resilience as the top priority for future projects, an area in which the EBRD works closely with both public authorities and the private sector. Energy also represents a strategic focus, particularly renewable energy and the modernization of the electricity grid.
In this context, he highlighted productive discussions on electricity interconnection between Morocco and other countries, given the Kingdom’s expanding power generation capacities. Guyett added that SMEs continue to benefit from flagship EBRD initiatives such as the Women in Business and Youth in Business programs, launched in partnership with local banks.
