First Independent Mena Newspaper
The European Bank for Reconstruction and Development is preparing two structurally significant financing operations for Moroccan public enterprises, totaling up to €350 million. The first, a €250 million loan to the National Electricity and Water Office (ONEE), is designed to support a performance improvement program for the country’s drinking water distribution network. The second, a […]
The African Development Bank (AfDB) Group and OCP Group signed an agreement on Friday in Rabat for a €450 million partial credit guarantee to help finance the investment program of the global leader in plant nutrition solutions and phosphate fertilizers. This operation is intended to support the mobilization by Société Générale and BNP Paribas of […]
The Higher Council of the Judiciary (CSPJ) and the Moroccan Capital Market Authority (AMMC) formalized a framework partnership agreement in Rabat this week, translating the two institutions’ shared commitment to protecting the country’s economic and financial public order. The accord was signed by Mohamed Abdennabaoui, First President of the Court of Cassation and Deputy President […]
Morocco and France formalized a bilateral financial intelligence cooperation agreement at the 5th edition of the “No Money for Terror” ministerial conference, held in Paris on the margins of the French G7 Presidency. The agreement, signed by Jawhar Nfissi, President of Morocco’s National Financial Intelligence Authority (ANRF), and Antoine Magnant, Director General of France’s Tracfin […]
The African Development Bank has approved €200 million funding for the implementation of Morocco’s “Cap Compétences 2030” program designed to improve employment opportunities for young people and women. The Bank’s funding will enable the country to strengthen the quality and diversity of vocational training through the digitalization of services, the large-scale rollout of learning systems, […]
Morocco, Kenya and Nigeria are the first countries selected to implement the pilot “Africa Digital Access and Public Infrastructure for Trade Initiative”. ADAPT integrates seamless payments, secure data access, and digital identities into a single digital public infrastructure, enabling African countries to trade with greater security, transparency, and efficiency. The initiative was launched by the […]
Morocco’s budget execution for the first four months of 2026 reflects a broadly positive economic context, anchored by a bumper agricultural season and resilient non-farm activity, against a backdrop of elevated public spending. The Ministry of Economy and Finance’s April bulletin records a budget deficit of 19.1 billion dirhams at end-April 2026, widening from 17.5 […]
Morocco raised 2.25 billion euros through an international bond issuance, according to reports from local media, in a deal that has drawn criticism over the government’s lack of communication with markets ahead of the sale. The euro-denominated offering was split into two tranches with maturities of eight and 12 years, le360 reported citing anonymous sources. […]
The government council adopted on Thursday a decree, opening supplementary budget appropriations to the general budget for fiscal year 2026, to finance a set of protective measures made necessary by the economic spillover from the Middle East conflict. Government spokesperson Mustapha Baitas confirmed the measure at a post-council press conference, framing it as urgent in […]
Morocco’s economy is expected to grow by 5.3% in 2026, Budget Minister Fouzi Lekjaa said, pointing to a solid recovery driven by improved agricultural output and steady macroeconomic conditions. Speaking before parliament, Lekjaa said the projection would mark one of the strongest growth performances in recent years outside of the post-COVID rebound, underpinned by a […]