First Independent Mena Newspaper
President Abdelmadjid Tebboune has set a headline-grabbing target of an Algerian gross domestic product set to surpass $400 billion by end-2027. State news agency APS quoted him saying the milestone would be reached “at the very latest,” a pledge he and allied outlets have reiterated since 2024. On paper, that would mean well over 50% […]
Mauritania has taken a further step towards aligning public debt sustainability with climate action and sustainable development financing, following a Technical committee meeting held on Monday in Nouakchott by the Ministry of Finance. The meeting forms part of ongoing cooperation between the Mauritanian Government and the United Nations Economic and Social Commission for Western Asia […]
Morocco’s capital market enters a pivotal phase where depth, liquidity, and instrument diversification become primary determinants of future attractiveness, according to institutional leaders, market operators, and public authority representatives convened by the Professional Association of Brokerage Firms (APSB). The Casablanca Stock Exchange’s market capitalization exceeding 1 trillion dirhams—over 60% of national GDP—signals confidence recovery and […]
Morocco’s foreign exchange reserves reached a historic level in 2025, rising to 443.27 billion dirhams or 49 billion USD, an 18% year-on-year increase, according to the central bank. The increase was driven mainly by the strong rebound in tourism revenues and a sustained recovery in foreign direct investment (FDI), supported by higher goods exports and […]
Morocco’s Customs and Indirect Taxes Administration (ADII) has initiated a structural approach strengthening data governance as part of its 2024-2028 strategic framework, recognizing data as a strategic asset indispensable for accomplishing institutional missions. The initiative establishes robust, sustainable governance ensuring information integrity, confidentiality, and availability. The approach implements adapted security mechanisms alongside rigorous critical data […]
The European Bank for Reconstruction and Development invested in Morocco €895 million in 2025, up from €530 million in 2024. Thirty-three per cent of this investment went to the private sector and over 80 % was green finance. In its report on investments injected last year in the southern and eastern Mediterranean (SEMED) region, the Bank said […]
South Sudan introduced, on Wednesday, a new fiscal framework aimed at ending economic instability and repositioning the country for sustainable and inclusive growth. Speaking in Juba, Finance and Planning Minister Bak Barnaba Chol said the policy prioritises economic stabilization, fiscal discipline and essential public spending. The framework, developed through collective Cabinet deliberations with inputs from […]
Morocco, Washington’s longstanding ally and strategic partner, will receive $20 million in Foreign Military Financing (FMF) in 2026, according to a Bill passed lately by the U.S. House of Representatives. The American FMF program provides financial support to friendly foreign governments to fund the purchase of American weapons, defense equipment, services and training. The goal is […]
The Asian Infrastructure Investment Bank (AIIB) has agreed to support Morocco’s action climate plan with a $200 million funding to help the Kingdom implement the updated Nationally Determined Contribution (NDC 3.0). This third generation of climate action plans under the Paris Agreement targets 2035 by raising significantly ambition to align with the 1.5°C goal, covering sectors […]
Moroccan banks are poised to benefit from robust economic growth in 2026, driven by spending on large-scale infrastructure projects and supportive government policies, says Standard & Poors Global Ratings agency. In its projection for Moroccan banks in 2026, the American rating agency anticipates an acceleration in lending activity, improvements in asset quality, and stabilized profitability […]