First Independent Mena Newspaper
Morocco’s National Office of Electricity and Drinking Water (ONEE) has secured up to €250 million in financing from the European Bank for Reconstruction and Development to modernize the country’s drinking water infrastructure and improve system performance under its 2025–2030 investment plan. The loan will support projects that cut water losses, enhance energy efficiency and strengthen […]
The European Bank for Reconstruction and Development has provided Bank of Africa-Benin (BOA-BENIN) $20 million trade finance line to boost import-export operations and support the development of Benin’s private sector. The facility will enable the EBRD to issue guarantees to international banks and provide short-term financing to support imports, exports and the local distribution of […]
Morocco underscored the growing economic importance of migrant remittances, with policymakers and development partners calling for stronger financial inclusion and greater use of the funds for investment and job creation. Transfers from Moroccans abroad reached about 122 billion dirhams ($13 billion) in 2025, equivalent to roughly 8% of GDP in recent years, official data show, […]
A 20% rise in global oil prices could shave 1.6% off Morocco’s GDP and put more than 5% of its workforce at risk, highlighting the country’s exposure to energy shocks linked to tensions around the Strait of Hormuz, according to a report by the Policy Center for the New South (PCNS). The Moroccan think tank […]
The June 2026 Economic Outlook, published by the Organization for Economic Cooperation and Development (OECD) under the title “Under Pressure”, projects Moroccan GDP growth to reach 5 percent in 2026 — the strongest performance in several years — following 4.6 percent in 2025, before a moderation to 3.9 percent in 2027. Two forces are driving […]
L’Agence Nationale du Soutien Social has published its first annual activity report, covering the year 2025 and drawing on cumulative data since the program’s launch in December 2023. Since its inception, the scheme has supported 3.9 million households, encompassing 5.5 million children and 1.7 million elderly people. Total disbursements to beneficiary families from launch through […]
Morocco recorded a sharp rise in its population of wealthy individuals in 2025, with the number of millionaires increasing by 16.8%, the fastest growth rate in Africa, according to Capgemini’s latest World Wealth Report. The 30th edition of the report, published on June 4, shows Morocco leading the continent in wealth creation, driven by the […]
Morocco’s public debt remains “sustainable with a high probability,” the International Monetary Fund’s mission chief Laura Jaramillo Mayor said, offering a strong vote of confidence in the Kingdom’s economic strategy as it ramps up large‑scale public investment. The assessment, part of the IMF’s 2026 Article IV consultation, reflects the view that Morocco’s rising spending, on […]
Morocco’s state-owned phosphate OCP Group is planning to raise up to $540 million through a subordinated perpetual bond to fund second phase of its ambitious industrial, energy, and environmental transformation strategy. The bond issue, approved by the Moroccan Capital Market Authority (AMMC), will be open exclusively to qualified Moroccan institutional investors from June 11 to […]
Morocco’s economy expanded at a faster pace in 2025, recording growth of 4.9 percent against 4.4 percent in the previous year, according to national accounts published by the Haut-Commissariat au Plan. The improvement was underpinned by resilient domestic demand and a marked deceleration in inflation, though the data also point to an increase in the […]