The EBRD raises its growth forecast for Morocco in 2026 to 4.8%, while the economy of the southern and eastern Mediterranean is expected to contract by 0.7%. A recovery in agriculture, tourism and remittances from Moroccans living abroad offset the slowdown in industry and construction.
Nador West Med is now preparing to begin operations. An international tender has been launched to support the skills development of the teams at the port complex, which is expected to enter service before the end of 2026.
Three Moroccan companies have just received a loan of 300 million euros granted by the European Bank for Reconstruction and Development (EBRD). These are the National Airports Office (ONDA), the National Motorway Company of Morocco (ADM) and the National Office of Electricity and Drinking Water (ONEE).
The Moroccan branch of CaixaBank has received a loan of 430 million dirhams from the European Bank for Reconstruction and Development (EBRD).
The European Bank for Reconstruction and Development (EBRD) has provided financing of 40 million euros to the Crédit Immobilier et Hôtelier (CIH) , to support small businesses and trade in Morocco.
The European Bank for Reconstruction and Development (EBRD) has approved a loan of 45 million euros for the Noor Midelt I project (800 MW), which requires a total investment of 740 million dirhams.
New loan for Morocco from the European Investment Bank (EIB) which has just granted 80 million euros to the National Motorway Company of Morocco (ADM) to finance part of the work to triple the Casablanca-Berrechid highway.