First Independent Mena Newspaper
The Rabat-Brussels axis is gaining momentum amid a rapidly changing geostrategic landscape. While the European Union has endorsed lately Morocco’s autonomy plan in the Sahara, the European Investment Bank (EIB) announced a record €740 million funding to the Kingdom in 2025. The growing political and financial partnership between Morocco and the European Union seeks a shared […]
The Head of the Presidential Council, Mohammed Menfi, has constituted a specialised advisory Committee to assess Libya’s worsening economic landscape and recommend corrective measures. The newly formed body, chaired by Hossam Al-Shahibi and comprising seven economic and financial experts, has been mandated to deliver a comprehensive technical report evaluating the country’s macroeconomic performance and institutional […]
Prime Minister Abdulhamid Dbeibah has met with Central Bank of Libya (CBL) Governor Naje Issa to address what officials described as priority economic and financial concerns, with a focus on liquidity, foreign exchange regulation and price stability. In a statement posted on the government’s official platform, on February 16, talks centred on improving cash availability […]
Italy announced a plan to allow African countries to suspend debt repayments after extreme climate events, a proposal unveiled by Prime Minister Giorgia Meloni during the second Italy–Africa Summit held on the sidelines of the African Union (AU) meeting in Addis Ababa. The initiative forms part of Italy’s broader Mattei Plan, which allocates €5.5 billion […]
Leading carmaker Stellantis Morocco has partnered with Attawfiq Microfinance to enable small business owners purchase FIAT TRIS, a 100% electric three-wheeled vehicle produced in Kenitra plant, Morocco. Under the deal, Attawfiq Microfinance, established in 2000 by Moroccan BCP Group, will provide small loans to those wishing to get TRIS without a heavy upfront. The goal […]
Morocco’s strong growth momentum is expected to continue in 2026, supported by public and private investment and solid agriculture output, said the International Monetary Fund. In a statement released Thursday following the conclusion of the Fund’s Article IV consultation mission to the Kingdom, the IMF said Morocco’s economic growth in 2025, estimated at 4.9 percent, […]
Following the exceptionally severe weather conditions that have affected Morocco over the past two months, particularly in the Gharb plain and Loukkos, King Mohammed VI has instructed the government to roll out a major aid and support program for affected families and populations, and to take the regulatory measures required in such circumstances. Following the […]
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 […]