Rabat: Investments by the European Bank for Reconstruction and Development (EBRD) in Morocco reflect the strategic priorities shared by both parties, President of this international financial institution, Odile Renaud-Basso, said here Thursday.

According to Agence Marocaine De Presse, in a statement to the press following a meeting with the Head of Government, Aziz Akhannouch, Renaud-Basso stressed the alignment between the EBRD’s strategic priorities and the Moroccan government’s orientations. She cited as examples the energy transition, decarbonization of the economy, social inclusion, particularly for women, as well as digitalization and support for the private sector.

Highlighting the dynamism of EBRD investments in the Kingdom, Renaud-Basso emphasized that these investments, worth over £400 million this year, strengthen the strategic partnership between the EBRD and Morocco, consolidating the Kingdom’s position as a model of sustainable and inclusive development.

She also highlighted the crucial role
of the African Investment Forum (AIF), which is being held in Rabat until December 6, in facilitating meetings between investors and project promoters for financing in Africa.

The meeting with the Head of Government, attended by Minister of Economy and Finance, Nadia Fettah, also provided an opportunity to commend the choice of Morocco to host the 5th AIF, held under the High Patronage of HM King Mohammed VI, with the participation of major stakeholders.