First Independent Mena Newspaper
The Mauritania Digital Transfer Points Association on Wednesday announced a temporary and organized suspension of withdrawal, deposit, and transfer services, citing recent measures linked to electronic transaction regulations. The association said the move was not directed at banking partnerships but aimed at safeguarding the sector and ensuring the delivery of financial services under safe and […]
Morocco’s tax revenues rose 15% in 2025, outperforming government forecasts and helping the state finance higher social spending and public investment, minister in charge of the budget Fouzi Lekjaa said. Speaking during a session on the execution of the 2025 budget law, Lekjaa said tax receipts increased to 43.8 billion dirhams last year, pushing the […]
Foreign investment in Africa remains under strain despite a rebound in global capital flows, the United Nations Conference on Trade and Development (UNCTAD) said last week, warning that weak project finance, high borrowing costs and geopolitical uncertainty continue to deter long-term investment on the continent. In its Global Investment Trends Monitor, published in January, UNCTAD […]
Morocco’s economy is projected to grow by 5% in 2026, up from an estimated 4.7% in 2025, with the acceleration largely driven by a rebound in agriculture made possible by abundant and well‑distributed rainfall since late November 2025, Morocco’s planning agency said. National dam filling rates have exceeded the 50% threshold for the first time […]
Morocco and UN Economic Commission for Africa signed on Friday the Host Country Agreement for the organization of ECA’s 58th session and Conference of African Ministers of Finance, Planning and Economic Development (COM2026). The agreement was inked in Rabat by ECA Executive Secretary Claver Gatete and Morocco Minister of Economy and Finance Nadia Fettah Alaoui. […]
Morocco’s economy is expected to accelerate to 5% growth in 2026, up from an estimated 4.7% in 2025, as the agricultural sector recovers from seven consecutive years of severe drought. The resurgence comes alongside sustained performance from non-agricultural activities, bolstered by strong domestic demand and price stability, according to recent data from the High Commission […]
Sudan’s Sovereign Council and cabinet approved the 2026 emergency budget on Wednesday, marking their first joint meeting in Khartoum since the conflict erupted in April 2023. The Sovereign Council said the meeting followed the return of the military-led body and the “Government of Hope” to the capital. Information Minister Khalid Aleisir confirmed that the budget […]
Libya’s central bank devalued the dinar by 14.7%, citing declining oil revenues and mounting economic pressures. The decision followed deliberations at the bank’s first board meeting of 2026, held last week, and was based on recommendations from the Monetary Policy Committee. Following the adjustment, the exchange rate was set at 0.1150 Special Drawing Rights (SDR) […]
Egypt has received €1 billion in concessional development financing from the European Union, marking the first tranche of the second phase of the EU’s macro-financial assistance (MFA), announced on Thursday by Minister of International Cooperation, Rania Al-Mashat. The disbursement follows the implementation of 16 economic and structural reforms aimed at strengthening macroeconomic stability, improving public […]
Regulatory reforms implemented in Morocco to promote private sector activity—described as “deeper than expected”—could stimulate growth, reduce the informal economy, and create employment, according to the World Bank Group’s updated Global Economic Prospects report released in Washington. The international financial institution notes that favorable weather conditions contributed to agricultural production recovery in the Kingdom. Current […]