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Tunisia: Afreximbank to support private and public enterprises & banks with $1.3bn loan

The African Export–Import Bank, Afreximbank, will lend Tunisia $1.3 billion to support public and private enterprises as well as public and private banks. Afreximbank director of trade financing Aymen El-Zoghbi said $500 million will be allocated to boost state-run and private companies. The remaining $800 million will be earmarked for supporting banks in private and […]

Morocco records strong remittances growth

Moroccan expatriates’ remittances reached 108.67 billion dirhams through November 2024, showing a 2.8% annual increase, according to the latest foreign exchange statistics. The Office des Changes reports that remittances growth maintains its upward trajectory, marking a substantial 77% increase compared to November 2020 levels of 61.25 billion dirhams. The previous year closed at 115 billion […]

Morocco’s central bank faces delicate balancing act amid financial repercussions of gulf tensions

War in the Gulf raises the prospect of renewed imported inflation in Morocco, just days before Bank Al‑Maghrib (BAM) holds its first quarterly monetary policy meeting of 2026. The conflict, which shows no sign of easing, has rattled global markets and revived fears of an energy‑driven shock at a moment when Morocco had begun restoring […]