First Independent Mena Newspaper
Bank Al-Maghrib’s Council is scheduled to meet on Tuesday 23 June to set its monetary policy stance for the third quarter of 2026. A review of the latest available macroeconomic indicators points toward a hold on the key rate at its current level of 2.25 percent, with neither an increase nor a cut appearing well-supported […]
Morocco’s GDP growth will continue to exceed 4.0% in both 2026 and 2027, despite negative spillovers from the US-Iran conflict, according to the forecast of Fitch Solutions, which provides credit, economic, financial data, research and analytics used by financial institutions, corporations and governments. “We forecast growth of 4.1% each year, broadly in line with consensus. […]
The Central Bank of Sudan has announced the accreditation of Electronic Banking Services (EBS) as a SWIFT global financial messaging and wire transfer service bureau, marking a significant step toward reintegrating the country’s banking system into the global financial network. The announcement positions EBS as the first approved SWIFT service bureau in the country and […]
The World Bank has approved two loans totaling $650 million that will enable Morocco advance digital transformation and strengthen resilience against climate, disaster, and cyber risks. The first loan valued at $250 million will support the national Digital Morocco 2030 strategy. It will help speed up the deployment and adoption of user-centric public digital services […]
Morocco’s capital market reached a turning point in 2025, with growth increasingly driven by domestic savings rather than foreign capital, according to a new report by bourse regulator, the Moroccan Capital Markets Authority (AMMC). The report, Capital Markets in Figures 2025, shows that local investors dominated trading activity on the Casablanca Stock Exchange, accounting for […]
Morocco’s Direction des Domaines de l’Etat published its annual report for 2025, documenting significant expansion in the mobilization of state-owned land for productive investment. The agency approved 308 projects on a total of approximately 32,000 hectares of public land, representing a projected investment of 71 billion dirhams and the creation of 16,333 jobs. Ninety percent […]
Morocco’s National Office of Electricity and Drinking Water (ONEE) has secured up to €250 million in financing from the European Bank for Reconstruction and Development to modernize the country’s drinking water infrastructure and improve system performance under its 2025–2030 investment plan. The loan will support projects that cut water losses, enhance energy efficiency and strengthen […]
The European Bank for Reconstruction and Development has provided Bank of Africa-Benin (BOA-BENIN) $20 million trade finance line to boost import-export operations and support the development of Benin’s private sector. The facility will enable the EBRD to issue guarantees to international banks and provide short-term financing to support imports, exports and the local distribution of […]
Morocco underscored the growing economic importance of migrant remittances, with policymakers and development partners calling for stronger financial inclusion and greater use of the funds for investment and job creation. Transfers from Moroccans abroad reached about 122 billion dirhams ($13 billion) in 2025, equivalent to roughly 8% of GDP in recent years, official data show, […]
A 20% rise in global oil prices could shave 1.6% off Morocco’s GDP and put more than 5% of its workforce at risk, highlighting the country’s exposure to energy shocks linked to tensions around the Strait of Hormuz, according to a report by the Policy Center for the New South (PCNS). The Moroccan think tank […]