Finance Headlines Morocco

Fears of soaring oil prices drive Casablanca market into turmoil

Casablanca’s stock market has endured two weeks of turbulence after the outbreak of the war in the Gulf triggered fears of soaring oil prices and a return of runaway inflation. Casablanca’s reaction has been sharper than in several regional markets with greater direct exposure to the conflict. Between February 20 and March 3, Egypt’s exchange […]

Africa Finance Headlines

Sudan raises microfinance lending ceilings in bid to ease inflation pressures

The Central Bank of Sudan announced Monday a significant increase in lending limits for micro and small-scale finance, as authorities seek to cushion the effects of soaring inflation and stimulate economic recovery.   The policy shift, outlined in a Circular, forms part of the bank’s broader 2026 strategy aimed at deepening financial inclusion and supporting […]

Finance Headlines Mauritania

Mauritania: Tax revenues surge in early 2026

Tax revenues have surged in early 2026, reaching 9.7 billion ouguiyas, a significant increase from 5.75 billion ouguiyas recorded during the same period in 2025. The Directorate General of Taxes, a cornerstone of the country’s fiscal architecture, has played a pivotal role in mobilizing state revenue, and exceeding its targets under the Finance Law in […]

Finance Headlines Morocco

Bank Al-Maghrib Expected to Hold Key Rate Steady Amid Middle East Uncertainty

Morocco’s central bank is widely expected to maintain its benchmark interest rate at 2.25% when its policy council convenes on March 17, in what would mark the fourth consecutive pause in the current monetary cycle. Despite domestic macroeconomic conditions that would ordinarily justify further easing, geopolitical turbulence stemming from the Middle East conflict has prompted […]

Finance Headlines Morocco

Gulf tensions, domestic factors trigger sharp pullback on Casablanca bourse

Heightened geopolitical tensions in the Gulf and domestic market dynamics have contributed to a sharp pullback on the MASI at the Casablanca Stock Exchange, following a strong rally that marked the end of 2025 and early 2026, a recent report by Attijari Global Research (AGR) showed Despite solid corporate earnings, the Moroccan equity market experienced […]

Finance Headlines Morocco

Morocco’s ICT Market on Course to Surpass $10 Billion by 2030

Morocco’s information and communications technology sector is on a robust growth trajectory, with market value projected to climb from $6.95 billion in 2025 to $10.08 billion by 2030 — a compound annual growth rate of 6.37%, according to the latest Mordor Intelligence report. The expansion reflects a strategic shift from basic infrastructure toward advanced digital […]

Finance Headlines Libya

Libya: Central Bank Allows Foreign Residents to Use e-Wallets, Sets Daily Transfer Limits

The Central Bank of Libya has instructed commercial banks and electronic payment providers to allow officially registered foreign residents to use e-wallets as part of efforts to expand digital payments and promote financial inclusion.   According to a letter dated March 11, 2026 and referenced 9/2026, which was leaked to Libyan media, the directive is […]

Asia Finance Headlines Morocco

Morocco’s central bank faces delicate balancing act amid financial repercussions of gulf tensions

War in the Gulf raises the prospect of renewed imported inflation in Morocco, just days before Bank Al‑Maghrib (BAM) holds its first quarterly monetary policy meeting of 2026. The conflict, which shows no sign of easing, has rattled global markets and revived fears of an energy‑driven shock at a moment when Morocco had begun restoring […]

Finance Headlines Mauritania

Mauritania, Islamic Development Bank sign €116.6 million financing deals for health and energy

Mauritania and the Islamic Development Bank (IsDB) have signed two financing agreements worth €116.6 million to strengthen the country’s health and energy sectors.   The agreements were signed in Jeddah by Mauritania’s Minister of Economic Affairs, Abdallah Ould Souleymane Ould Cheikh Sidia, and IsDB Vice-President for Operations, Rami Ahmed, in the presence of senior Mauritanian […]

Asia Columns Finance Headlines Morocco

Imported inflation haunts Morocco as tension soars in Gulf

The aerial strikes in the Middle East shows no sign of easing, and their economic aftershocks are beginning to weigh heavily on global markets, while in Morocco, fears of a renewed wave of imported inflation are intensifying. The conflict could significantly alter the country’s economic trajectory just as Bank Al‑Maghrib prepares for its first monetary‑policy […]