Algeria Finance Headlines Morocco

Morocco surpasses Algeria in foreign exchange reserves

Morocco, a country with a diversified economy, has outpaced hydrocarbon-rich Algeria in foreign exchange reserves, reaching approximately $50 billion in September, according to central bank data. This milestone underscores the success of Morocco’s diversified and productive economy, while exposing the costs of Algeria’s rentier economy which led to restrictive import policies and heavy reliance on […]

Finance Headlines Morocco

2027 Finance Bill: First Proposals on Education, Health Coverage and Jobs

Morocco’s Ministry of Economy and Finance has published a macroeconomic framework report ahead of the 2027 finance bill, the last of the current government’s mandate, setting out early priorities spanning infrastructure, private investment, social protection, health and education, Aujourd’hui le Maroc reports. The report commits to implementing royal directives around consolidating public investment, sustainable water […]

Finance Headlines International Morocco

Morocco brings global tech platforms into VAT net as digital tax regime takes effect

Global digital platforms including TikTok, Apple, Google, OpenAI and Spotify have begun applying Morocco’s 20% value-added tax (VAT) to some services sold to Moroccan customers, providing the clearest sign yet that the country’s new regime for taxing digital services is taking effect. The changes are now appearing on invoices and transactions seen by Moroccan users, […]

Finance Headlines International Morocco

Morocco’s Abdellatif Jouahri among 25 top central bank Governors – Global Finance Magazine

The Governor of Bank Al-Maghrib (BAM), Abdellatif Jouahri, ranks among the top 25 central bank governors internationally, according to the 2026 Central Banker Report Cards published by the specialized magazine Global Finance. Jouahri, the sole representative from the North Africa region in this ranking, earned an “A-” grade in the 2026 “Central Banker Report Cards,” […]

Africa Finance Headlines International Morocco

Morocco tops Africa’s ranking in Investment Freedom

Morocco has secured the top position in Africa and ranked 17th globally in the 2026 Investment Freedom Index, achieving a record score of 80 points out of 100, according to data compiled by The Global Economy platform based on the Heritage Foundation’s rankings. This marks the Kingdom’s best performance in the index since 1995 as […]

Europe Finance Headlines Morocco Sport

Morocco to commit nearly $20 bln for World Cup 2030

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 […]

Finance Headlines Morocco

Casablanca Stock Exchange: BKGR Sees September as a Test of Selectivity

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 […]

Finance Headlines Morocco

Morocco’s Banking Sector Braces for Deep Reconfiguration

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 […]

Africa Finance Headlines

Africa continues to borrow to service debt in first half of 2026

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 […]