First Independent Mena Newspaper
Morocco is planning to set up a market for non-performing loans (NPLs) offering the possibility of buying and selling of unpaid loans beyond set deadline. Banks can sell NPLs to reduce risk, free up capital, and maintain profitability, while investors seek to profit by restructuring or recovering value. Morocco’s Central bank, Bank Al-Maghrib, has been […]
Noussair Mazraoui, who plays as a defender for British Premier League club Manchester United and the Atlas Lions, has become a strategic partner with US-based Islamic fintech company Wahed. The announcement has been made by Wahed which has already built a unique ambassador family that brings together global sports icons such as Khabib Nurmagomedov, Paul […]
Senegal, which is reeling under serious economic crisis, has secretly borrowed € 650 million from Africa Finance Corporation (AFC) and First Abu Dhabi Bank (FAB) in bid to avoid default. But concealing public debt and internal financial fragility from investors, partners, public opinion or regional rivals undermines the country’s credibility. The hidden debt scandal of […]
The Mauritanian Investment Promotion Agency, in collaboration with the African Development Bank, convened, on March 25, 2026, a high-level workshop in Nouakchott to review financing mechanisms aimed at supporting private sector projects. The initiative forms part of broader efforts to strengthen cooperation between regional financial institutions and domestic economic actors, with a view to stimulating […]
Morocco’s main ports operator, Marsa Maroc Group, has unveiled a $2.1 billion investment program over 2025-2030 period to strengthen the group’s regional leadership. The investment roadmap was approved by the company’s board of directors during its latest meeting convened to endorse the 2025 financial statements. Consolidated revenue of Marsa Maroc increased from $500 million recorded […]
Morocco’s economic growth is expected to reach 4.4 percent in 2026 and 4.5 percent in 2027, supported by strong agriculture output and public infrastructure investment, according to IMF report released Monday after completing the Mid-Term Review under the Flexible Credit Line Arrangement (FCL). The scaling up of public investment in the country offers opportunities for […]
Once regarded as a secondary byproduct of financial transactions, market data has emerged as a cornerstone of the Casablanca Stock Exchange’s competitiveness, credibility, and appeal to international investors. As algorithmic and quantitative trading increasingly defines global financial markets, the quality, speed, and standardization of data infrastructure has become as decisive as the fundamentals of the […]
Morocco has cemented its position among the continent’s three largest sovereign debt issuers in 2026, alongside Egypt and South Africa, according to the latest S&P Global Ratings report. The ranking reflects growing market confidence in the Kingdom’s financial management and the tangible results of a sustained reform agenda pursued over recent years. The backdrop is […]
Morocco may activate its $4.5 billion IMF Flexible Credit Line (FCL) if global oil prices surge beyond $120 per barrel, Morocco’s central bank governor Abdellatif Jouahri said, highlighting that the country maintains powerful liquidity backstops and solid macro-economic fundamentals in the face of rising geopolitical uncertainty. Speaking at a press conference in Rabat following the […]
Morocco’s Central bank has decided to maintain its key interest rate unchanged at 2.25 % due to the continued strong momentum in economic activity, the projected moderate levels of inflation, and the significant uncertainty surrounding the global outlook. The decision was made Tuesday by the Bank’s Board after analyzing national and international economic developments, as […]