In the year 2025, the European Investment Bank (EIB) signed 740 million euros (7,988,744,000 DH) in financing for Morocco. With this 32% increase compared to 2024, it marks the highest level of support since 2012, primarily benefiting the energy transition, inclusive sustainable development, and resilience.
After devastating floods forced evacuations and caused major damage in four northern provinces, Morocco has launched a 3-billion-dirham support plan combining direct financial aid, reconstruction funds, and agricultural assistance. Beyond state aid, insured residents may also seek compensation for damaged cars and homes under specific conditions.
The Moroccan government has announced the allocation of direct financial aid to people affected by the recent floods in northern and western Morocco. Emergency payments will begin next week, with affected families advised to send an SMS to 1212, including their national ID details, to process their requests.
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