First Independent Mena Newspaper
Morocco’s state-owned phosphate OCP Group is planning to raise up to $540 million through a subordinated perpetual bond to fund second phase of its ambitious industrial, energy, and environmental transformation strategy. The bond issue, approved by the Moroccan Capital Market Authority (AMMC), will be open exclusively to qualified Moroccan institutional investors from June 11 to […]
Morocco’s economy expanded at a faster pace in 2025, recording growth of 4.9 percent against 4.4 percent in the previous year, according to national accounts published by the Haut-Commissariat au Plan. The improvement was underpinned by resilient domestic demand and a marked deceleration in inflation, though the data also point to an increase in the […]
Morocco has consolidated its position as one of the world’s leading frontier markets, securing a 7.8 percent weighting in the S&P Frontier BMI published by S&P Dow Jones Indices as of 31 May 2026. The ranking places Morocco third globally, behind Argentina at 25.9 percent and Vietnam at 17.3 percent, and ahead of markets including […]
Morocco has topped the African continent’s business climate rankings for the first time, securing an overall score of 3.9 out of 5 in the 2025–2026 edition of the annual barometer published by the Conseil Français des Investisseurs en Afrique (CIAN). The survey, based on responses from several hundred foreign and domestic company executives operating across […]
The European Investment Bank (EIB) has mobilized 500 million euros in support of Morocco’s reconstruction efforts in quake-hit areas in the Atlas mountains, the bank said. The financing will help Morocco rebuild and upgrade essential infrastructure in the hardest-hit areas, including roads, schools and healthcare facilities, according to an EIB statement. The new tranche brings […]
Morocco’s economic growth is expected to moderate slightly from 4.6 per cent in 2025 to 4.4 per cent in 2026 and 4.0 per cent in 2027, according to projections of the European Bank for Reconstruction & Development. In its latest Regional Economic Prospects, the Bank says strong tourism and remittances have continued to support external […]
The Central Bank of Tunisia (BCT) has decided to maintain its benchmark interest rate unchanged at 7%, following its Monetary Policy Council meeting held on June 3, 2026. The decision reflects the Bank’s continued cautious stance as it assesses recent economic, monetary and financial developments at both domestic and international levels, particularly evolving inflation trends […]
Morocco and the European Union launched a program to support the Kingdom’s national water policy for a total cost of 3.7 billion dirhams (€348 million), as the country faces mounting pressure on its water resources due to climate change and recurring droughts. The program, unveiled in Rabat, is backed by the EU along with Germany, […]
Bank of Africa (BOA) was named Best Bank in North Africa at the 20th edition of the African Banker Awards, held in Brazzaville on the margins of the African Development Bank’s Annual Assemblies. The ceremony brought together senior banking executives, regulators, and policymakers from across the continent for an event that has become the reference […]
Mauritania’s Minister of Economic Affairs and Development, Abdallahi Souleymane Sheikh Sidiya, held talks with President of the African Development Bank Sidi Ould Tah on strengthening economic and financial cooperation between Mauritania and the African institution. The meeting took place on Sunday, May 24 in Brazzaville, Republic of the Congo, on the sidelines of the AfDB […]