First Independent Mena Newspaper
British digital bank Revolut has signaled interest in entering Morocco’s fast-growing financial services market, but authorities say the timing is not favorable for a near-term launch. Governor of Morocco’s central bank Abdellatif Jouahri said that he met Revolut executives earlier this month in Rabat, where the fintech company outlined its ambitions but stopped short of […]
The Casablanca Finance City (CFC) and Istanbul Financial Center (IFC) have agreed to strengthen financial connectivity, promote regional trade, and enhance economic engagement across regional and international markets. The agreement was inked Tuesday by Said Ibrahimi, CEO of Casablanca Finance City Authority and Ahmet İhsan Erdem, CEO of IFC. The two financial hubs pledge to […]
Morocco’s Central Bank has decided to keep the key rate unchanged at 2.25 pc as inflation is expected to remain moderate at 1.5 % in 2026, while the country’s growth is projected to increase from 4.9 % in 2025 to 5.2 % in 2026, before slowing to 3.1 % in 2027. These projections were made […]
Six African countries remain on the Financial Action Task Force (FATF) list of jurisdictions under increased monitoring following the watchdog’s latest update, highlighting continued weaknesses in tackling money laundering and terrorism financing. The global body, which oversees efforts to combat illicit financial flows, kept Angola, Cameroon, Côte d’Ivoire, Democratic Republic of Congo, Kenya and South […]
A business forum held on Monday in Valencia showcased the investment opportunities available in Morocco and highlighted the structural reforms undertaken by the Kingdom to improve the business climate and enhance its attractiveness to foreign investors. The event, held under the theme “Exploring Morocco: Keys to Investing and Growing in Africa from Valencia,” was organized […]
Morocco’s consumer price index fell 0.9 percent in May 2026 compared with April, driven by a 2.1 percent decline in food prices and a stable non-food index, according to the latest note published by the High Commission for Planning (HCP). The core inflation indicator, which excludes volatile and regulated products, stood 0.1 percent below its […]
The United States and Morocco are preparing a significant expansion of their military partnership under a new 2026–2036 roadmap that emphasizes drone warfare, artificial intelligence and deeper operational integration, according to details from a U.S. planning document cited by Moroccan media. The plan envisages a shift toward “all-domain” operations, with Morocco set to host a […]
Bank Al-Maghrib’s Council is scheduled to meet on Tuesday 23 June to set its monetary policy stance for the third quarter of 2026. A review of the latest available macroeconomic indicators points toward a hold on the key rate at its current level of 2.25 percent, with neither an increase nor a cut appearing well-supported […]
Brazilian plane-maker Embraer is in advanced discussions with Morocco’s Royal Air Force over a potential sale of its KC‑390 Millennium military transport aircraft, while also promoting a broader proposal to establish a national command-and-control system, according to Africa Intelligence. The company, led by Chief Executive Francisco Gomes Neto, presented through its subsidiary Atech a solution […]
Morocco has taken a further step in the digital transformation of its foreign trade administration with the launch of a new online service enabling importers to submit customs documentation and sanitary and phytosanitary data directly through the Moroccan Portal for Foreign Trade Procedures, PortNet. The initiative is a joint development between PortNet and the National […]