Africa Finance Headlines

South Sudan: UNICEF secures $5 million to support children, families

The United Nations Children’s Fund (UNICEF) announced on Monday that it had secured 5 million dollars to support resilience and humanitarian programs for children and families in South Sudan. The funding will target critical interventions in education, child protection, nutrition, and water, sanitation, and hygiene. Noala Skinner, UNICEF’s representative in South Sudan, said the support […]

Finance Headlines Morocco

Morocco’s Inflation continues downward trajectory for Third Consecutive Quarter

The High Commission for Planning reports that inflation continued its downward trajectory for the third consecutive quarter, reaching -0.1% in the fourth quarter of 2025, compared to 2% at year’s beginning. This reversal resulted from a 0.7% contraction in food prices combined with a 0.4% increase in non-food products. The sharp food inflation retreat was […]

Finance Headlines Mauritania

Mauritania: Price Index rises 0.8% in December 2025

The national consumer price index in Mauritania increased by 0.8% in December 2025 compared to November, according to the National Agency for Statistics and Population and Economic Analysis (ANSADE). The rise was attributed to price increases across all major consumption categories, including food, as well as housing and communication. Food and non-alcoholic beverages rose by […]

Africa Finance Headlines Sport

Africa to receive major share as FIFA injects $5 bln into global football development

Africa is set to remain one of the biggest beneficiaries of FIFA’s $5 billion global development program, FIFA officials said. FIFA said nearly a quarter of all Forward funding mobilized since 2016 has gone to Africa, placing the continent on equal footing with Asia and Latin America as a priority region. Officials said the allocation […]

Finance Headlines Morocco

Morocco Projects $36.5 Billion Tax Revenue in 2026

Morocco’s government announced Thursday that tax revenues are expected to reach 366 billion dirhams ($36.5 billion) this year, representing a substantial increase from the 199 billion dirhams ($19.8 billion) recorded in 2020. Government spokesperson Mustapha Baitas attributed this nearly 160 billion dirham rise to fiscal reforms that have strengthened public finances and expanded funding capacity […]

Finance Headlines Morocco

Morocco cuts smartphone import taxes to 2.5% in 2026 budget

Morocco has lowered taxes on imported mobile phones from 17.5% to 2.5% as part of the 2026 Finance Law, a move the government says will help stabilize the market, reduce smuggling and support businesses that operate legally. The new rate applies to all mobile phones, whether fully assembled or imported in pieces to be put […]

Finance Headlines Morocco

Morocco’s 2026 Tax Code Emphasizes Compliance Over Rate Adjustments

Morocco’s 2026 General Tax Code represents the normative culmination of a trajectory clearly assumed since the third National Tax Conference held in 2019, consolidating engaged reforms while providing overall coherence rather than constituting doctrinal rupture or simple technical revision. Underlying Moroccan fiscal philosophy has evolved significantly in recent years, no longer prioritizing nominal rate adjustments […]

Finance Headlines Morocco

Standard Chartered expects Morocco’s economy to grow 4.5% in 2026

Morocco is poised to enter 2026 in a favorable position, with Standard Chartered forecasting 4.5% economic growth for the year, driven by resilient non agricultural sectors, accelerating investment, and robust domestic demand. The projection was published in Standard Chartered Global Focus 2026 report. It follows an estimated 4.8% expansion in 2025, marking the strongest post […]

Finance Headlines Morocco

Morocco’s Diaspora Remittances, Tourism Revenue Offset Trade Deficit

Moroccan citizens abroad sent home record remittances totaling 111.53 billion dirhams ($12.07 billion) through November 2025, representing 1.6% annual growth from 109.8 billion dirhams during the corresponding 2024 period, according to Exchange Office data. The steady increase demonstrates continued diaspora support for Morocco’s national economy despite ongoing global economic challenges. Tourism sector recovery proved particularly […]

Finance Headlines Morocco

Morocco’s 2026 Finance Law Advances Multi-Year Tax Reform Agenda

Morocco’s General Tax Directorate detailed principal fiscal measures contained in the 2026 budget law, continuing reforms initiated in 2023 under framework law 69-19 governing comprehensive tax system restructuring. The legislation aims to reinforce previous reform achievements while accelerating growth dynamics and employment creation. Recent years’ reforms addressed corporate tax, value-added tax, and income tax, progressively […]