First Independent Mena Newspaper
Morocco is mobilizing close to 200 billion dirhams (20 billion dollars) in public and private investment to transform its economy, infrastructure, and tourism sector ahead of co-hosting the 2030 FIFA World Cup, according to a detailed report by the daily Les Inspirations Éco. The Kingdom is treating the centenary World Cup not merely as a […]
The Casablanca Stock Exchange returned to positive momentum in August after two months of consolidation, with the MASI index gaining 4.53 percent to 18,652.72 points, trimming its year-to-date decline to 1.03 percent, according to a research note from brokerage BKGR reported by Boursenews. The firm cautioned the rebound looks more like a normalization after months […]
Morocco’s banking sector is entering a period of deep change, driven by a new banking law, competition from neobanks and “super apps,” and shifting ownership structures, Aujourd’hui le Maroc reports. Bank Al-Maghrib’s board is set to hold its penultimate 2026 session this month, shortly after the publication of a new law amending the framework governing […]
African sovereigns raised more than $14 billion on international markets in the first half of 2026, but a large share of these loans went toward budget financing, debt repayments and liability management rather than productive investment, according to the 13th edition of the Africa Sovereign Credit Rating Review. Five countries (Cabo Verde, Ghana, Kenya, Nigeria […]
The Central Bank of Libya will host the fifth Arab Conference on Savings and Financial Literacy in Tripoli September 7 – 9. The three-day conference will be held under the theme, “Tripoli: Capital of Financial Literacy,” with Central Bank Governor Naji Issa expected to attend. The event will bring together experts, policymakers, researchers, central banks […]
Mauritanian Finance Minister Codioro Moussa N’Guénore received an International Monetary Fund (IMF) mission led by the Fund’s Regional Adviser on Government Finance Statistics, Francis Gahizi, on Thursday evening. The meeting focused on cooperation between the government and the IMF, particularly efforts to modernize the collection and verification of financial data relating to public enterprises. The […]
Remittances from Moroccans settled abroad reached 74.78 billion dirhams by the end of July 2026, up 8.1 percent from 69.17 billion dirhams over the same period last year, according to the latest monthly external trade bulletin from Morocco’s Foreign Exchange Office. The increase continues a steady upward trend in transfers from the Moroccan diaspora recorded […]
Forecasts for Morocco’s listed banks have been revised downward for 2026 amid a pullback in market activities and heavier-than-expected digital investment, though analysts expect growth to accelerate again from 2027, Attijari Global Research (AGR) said. The listed banking sector posted cumulative net banking income of 49.8 billion dirhams in the first half of 2026, up […]
Facing a continuous rise in non-performing loans on Moroccan bank balance sheets, the International Finance Corporation (IFC) and German group EOS Holding are preparing an investment vehicle worth up to 60 million euros. The operation aims to create new capacity for buying and managing distressed assets while helping a secondary market for bad debt emerge […]
Morocco’s budget deficit stood at 50.5 billion dirhams at the end of July 2026, down from 54.7 billion dirhams a year earlier, as revenue growth of 28.2 billion dirhams outpaced a 23.9 billion dirham rise in spending. The figures come from the latest bulletin on the Treasury’s charges and resources situation, produced by the Ministry […]