First Independent Mena Newspaper
Morocco’s corporate tax collections reached 72.23 billion dirhams through September 2025, marking a substantial 30.9% increase from 55.17 billion dirhams in the same period last year, according to Treasury data published by the Finance Ministry. The September figures represent 98.9% of the full-year target set in the 2025 Finance Law, indicating annual projections will likely […]
Nearly one in four Moroccans completed online purchases in 2024, marking a substantial shift in consumer behavior over the past five years, according to the National ICT Survey 2024-2025 conducted by Morocco’s telecommunications regulatory agency. The adoption rate climbed from 15.1% in 2019 to 24.9% in 2024, representing 3.7 million new online shoppers—a 65% increase. […]
The World Bank Group supports Morocco in its vision for a new generation of territorial development programs, launched under the guidance of King Mohammed VI, said the International Finance Corporation (IFC) Regional Director for North Africa, Cheick-Oumar Sylla. “Morocco’s vision for a new generation of territorial development programs offers a key opportunity to deepen the […]
Ecobank Group and Thunes have joined forces in a landmark partnership to enable instant cross-border payments across Sub-Saharan Africa, aiming to connect millions of individuals and businesses to the global financial ecosystem. Announced on 29 October 2025, the collaboration integrates Ecobank’s vast pan-African banking network with Thunes’ advanced fintech infrastructure to enhance liquidity, speed, and […]
Morocco recorded a dramatic 63% increase in foreign direct investment during the first quarter of 2025, signaling robust investor confidence in the kingdom’s industrial transformation and strategic positioning as a nearshoring hub for European markets. According to Investment Minister Karim Zidan, Morocco attracted over 9.15 billion dirhams ($992 million) in net FDI flows by March […]
Morocco’s tax expenditures have risen to 32.1 billion dirhams in 2025, reflecting persistent challenges in the government’s efforts to rationalize fiscal incentives despite a broader reform agenda aimed at improving transparency and efficiency in public spending. Tax expenditures as a percentage of GDP have declined from 2.9% in 2022 to 2.1% in 2024, primarily due […]
Algeria’s state-led economic model faces growing vulnerabilities as global oil prices weaken and fiscal imbalances deepen, while diversification stalls. Latest IMF and World Bank assessments reveal a troubling mix of widening deficits, persistent unemployment, and distorted macro indicators that mask underlying fragility. The IMF projects average oil prices at $65.8 per barrel in 2026, down […]
Morocco’s civil servants are earning an average net monthly salary of 10,600 dirhams in 2025, marking a substantial 43.6% increase over the past decade, according to the government’s human resources report accompanying the 2026 Finance Bill. The figure represents a significant improvement from 7,381 dirhams recorded in 2015. Minister of Economic Inclusion Younes Sekkouri confirmed […]
Morocco has solidified its position as a regional financial and commercial hub for Africa, with Casablanca Finance City ranking as the continent’s leading financial center, according to a recent World Bank analysis highlighting the nation’s strategic economic transformation. The World Bank report emphasizes Morocco’s decade-long implementation of comprehensive financial market reforms designed to enhance efficiency, […]
Morocco’s BCP Group has obtained ISO 37001-2025 certification for its Anti-Bribery Management System, marking a significant milestone in the banking sector’s commitment to transparency and ethical governance, the institution announced following a comprehensive audit conducted July 21-25, 2025. The certification, delivered by Certi-Trust auditors, validates BCP’s compliance with international anti-corruption standards and reflects strategic prioritization […]