First Independent Mena Newspaper
Sub-Saharan Africa’s economy is expected to grow by 3.8% in 2025, a modest but meaningful rebound driven by easing inflation, stabilizing currencies, and improving investment conditions, according to the World Bank’s latest Africa Pulse report released Tuesday (7 Oct). The forecast marks an upgrade from April’s 3.5% projection and reflects renewed optimism in key economies […]
Morocco is advancing plans to launch a central bank digital currency (CBDC), the e-Dirham, as part of a broader push to modernize its financial system and boost financial inclusion. The central bank governor Abdellatif Jouahri said late September that the project had entered an “advanced study phase,” positioning Morocco among more than 100 countries exploring […]
Morocco’s foreign direct investment inflows jumped 43.4% to 39.27 billion dirhams ($3.9 billion) through August 2025, according to Foreign Exchange Office monthly indicators. This performance significantly strengthens the recovery initiated in 2024, demonstrating renewed international investor confidence in Moroccan economic prospects. Investment flows have fluctuated considerably since 2021, when they totaled 20.12 billion dirhams. FDI […]
The Central Bank of Egypt (CBE) on Wednesday hosted the 9th Annual Conference of Mediterranean Central Banks in Cairo, convening governors, policymakers, and senior officials from across the Euro-Mediterranean region. The event, organised in collaboration with Banco de España, the OECD, the European Institute of the Mediterranean (IEMed), and the Union for the Mediterranean (UfM), […]
Morocco’s trade deficit reached 225.29 billion dirhams through August 2025, increasing 15.5% compared to the corresponding 2024 period, according to Foreign Exchange Office data. This widening gap results from import growth outpacing export expansion despite positive performance in other economic sectors. Imports surged 8.4% to 533.42 billion dirhams while exports grew more moderately at 3.8%, […]
Morocco’s economy achieved 5.5% growth during the second quarter of 2025 compared to 3% in the corresponding 2024 period, driven by secondary sector expansion and domestic demand within controlled inflation contexts. The High Commission for Planning’s national accounts data highlights significant acceleration across multiple economic sectors. Non-agricultural activities recorded 5.5% volume growth while agricultural sector […]
The European Union has announced a funding package of nearly €545 million (approximately $638 million) to support renewable energy initiatives across Africa, aimed at expanding electricity access, strengthening regional power grids, and advancing the continent’s transition to clean energy. European Commission President Ursula von der Leyen unveiled the commitment in a video message during the […]
Egypt’s Government has announced a ceiling of EGP 1.16 trillion for public investments in the 2025/2026 fiscal year, which began on 1 July 2025. Minister of Planning, Economic Development, and International Cooperation Rania Al-Mashat made the announcement on Sunday, 28 September 2025, during a high-level meeting with World Bank Group officials. The move is part […]
The Standard & Poors agency has raised Morocco’s sovereign credit rating from ‘BB+/B’ to ‘BBB-/A-3’ with stable outlook thanks to the resilience shown by the country’s economy in the face of consecutive economic shocks, including the one triggered by the instability in global trade because of U.S. trade tariffs. Economic growth prospects are solid, with […]
Morocco’s economic growth is expected to reach 4.2 % in 2025 and 4 % in 2026, driven by public investment, according to the projections of the European Bank for Reconstruction & Development. In its latest report on regional economic prospects, the Bank said inflation in Morocco fell to an average of 1.2 % in the […]