First Independent Mena Newspaper
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 […]
Casablanca’s stock market has endured two weeks of turbulence after the outbreak of the war in the Gulf triggered fears of soaring oil prices and a return of runaway inflation. Casablanca’s reaction has been sharper than in several regional markets with greater direct exposure to the conflict. Between February 20 and March 3, Egypt’s exchange […]
The Central Bank of Sudan announced Monday a significant increase in lending limits for micro and small-scale finance, as authorities seek to cushion the effects of soaring inflation and stimulate economic recovery. The policy shift, outlined in a Circular, forms part of the bank’s broader 2026 strategy aimed at deepening financial inclusion and supporting […]
Tax revenues have surged in early 2026, reaching 9.7 billion ouguiyas, a significant increase from 5.75 billion ouguiyas recorded during the same period in 2025. The Directorate General of Taxes, a cornerstone of the country’s fiscal architecture, has played a pivotal role in mobilizing state revenue, and exceeding its targets under the Finance Law in […]
Morocco’s central bank is widely expected to maintain its benchmark interest rate at 2.25% when its policy council convenes on March 17, in what would mark the fourth consecutive pause in the current monetary cycle. Despite domestic macroeconomic conditions that would ordinarily justify further easing, geopolitical turbulence stemming from the Middle East conflict has prompted […]
Heightened geopolitical tensions in the Gulf and domestic market dynamics have contributed to a sharp pullback on the MASI at the Casablanca Stock Exchange, following a strong rally that marked the end of 2025 and early 2026, a recent report by Attijari Global Research (AGR) showed Despite solid corporate earnings, the Moroccan equity market experienced […]
Morocco’s information and communications technology sector is on a robust growth trajectory, with market value projected to climb from $6.95 billion in 2025 to $10.08 billion by 2030 — a compound annual growth rate of 6.37%, according to the latest Mordor Intelligence report. The expansion reflects a strategic shift from basic infrastructure toward advanced digital […]
The Central Bank of Libya has instructed commercial banks and electronic payment providers to allow officially registered foreign residents to use e-wallets as part of efforts to expand digital payments and promote financial inclusion. According to a letter dated March 11, 2026 and referenced 9/2026, which was leaked to Libyan media, the directive is […]