Fitch: Moroccan Banks show resilience despite Macro-economic challenges

Moroccan banks continue to show resilience despite challenging global and domestic macro-economic conditions, Fitch Ratings says in a new report focusing on the country’s seven largest banks. Banks have built up healthy provisions buffers since 2020 and are well-placed for a continued recovery in profitability in 2024 amid rising interest rates, says the rating agency. […]

Morocco, Africa’s Climate Spokesperson at COP23

Africa has featured prominently in Morocco’s climate action. The recent remarks delivered by state secretary for sustainable development, Nezha El Ouafi, at the UN Climate Summit (COP23) in Bonn have yet affirmed that the continent remains at the heart of Morocco’s climate concerns. El Ouafi said that Morocco is building on the conclusions and recommendations […]

Libya: Electronic Payments Exceed 313bn Dinars in Record 2025 Digital Surge

Electronic transactions in Libya surpassed 313.6 billion dinars in 2025, marking unprecedented growth in the country’s digital payment ecosystem, according to statistics released by the Central Bank of Libya (CBL). Data published on the Government of National Unity’s “Hakomitna” platform show that, up to February 15, 2026, mobile banking subscribers reached 4.29 million. More than […]