First Independent Mena Newspaper
Morocco’s Minister of Economy and Finance, Nadia Fettah, presented parliament with an update on the execution of the 2026 budget law and the government’s fiscal roadmap for 2027-2029, built around three themes: the economic outlook, the state of public finances at mid-year, and budget priorities for the next three years. The government now expects growth […]
Morocco’s central bank has, for the first time, quantified the banking channel through which public financing crowds out credit to private companies. In its 2025 annual report, based on data spanning 2001 to 2025, Bank Al-Maghrib estimates that a one-point-of-GDP increase in public assets held by banks is associated, over the long term, with a […]
Morocco’s Ithmar Capital and the African Development Bank Group have announced a strengthened strategic partnership aimed at intensifying the mobilization of African institutional capital for cross-border infrastructure projects. The announcement, made in Abidjan, brings together the AfDB Group and the Africa Sovereign Investors Forum (ASIF), chaired by Ithmar Capital’s CEO Obaïd Amrane. Building on their […]
King Mohammed VI, accompanied by Crown Prince Moulay El Hassan, received Monday in the Royal Palace of Tetouan Governor of Bank Al-Maghrib Abdellatif Jouahri, who presented to him the Bank’s annual report on the economic, monetary, and financial situation for the year 2025. In an address during the audience, Jouahri stated that, in an international […]
Morocco’s financial authorities are mobilizing against the rise of internet fraud and cybercrime more broadly. Bank Al-Maghrib (BAM) and the National Financial Intelligence Authority (ANRF) jointly organized a national workshop in Rabat dedicated to combating phishing-type financial fraud, aimed at raising awareness of the risks involved and strengthening prevention mechanisms. The workshop forms part of […]
Morocco’s domestic demand is projected to grow 5.9 percent in 2026, moderating to 3.4 percent in 2027, while retaining its role as the principal engine of economic growth, according to the High Commission for Planning’s (HCP) Exploratory Economic Budget 2027. Domestic demand is expected to contribute 6.5 points to GDP growth in 2026 and 3.8 […]
Morocco’s economy expanded by 4.8 percent in year-on-year terms in the second quarter of 2026, an acceleration from the 4.6 percent recorded in the first quarter, according to the High Commission for Planning’s most recent economic conditions note. The growth was achieved despite a challenging international environment characterized by the continuation of the Iran conflict, […]
Local commodity prices in Mauritania increased significantly in June 2026, contributing to rising inflationary pressures, according to the National Agency for Statistics and Population and Economic Analysis. The Agency’s monthly Consumer Price Index report showed that prices of locally produced goods rose by 1% in June 2026, pushing annual inflation for local products to 10.2% […]
Sudan’s Government has announced the creation of a banking finance portfolio exceeding 3 trillion Sudanese pounds to support the 2026 summer agricultural season and strengthen the country’s productive sector. Finance Minister Gibril Ibrahim announced the initiative last Week, as farmers face major challenges, including shortages of funding, improved seeds, fertilizers, fuel and rising production costs […]
African countries, facing cuts to traditional aid budgets in major donor countries, are under growing pressure to mobilize more of their own domestic resources to finance their development, the United Nations’ Economic Commission for Africa (UNECA) said. In a recent press release, the UNECA, citing data from the Organization for Economic Co-operation and Development (OECD), […]