First Independent Mena Newspaper
Sudan is accelerating public financial reforms and efforts to revive key productive sectors as the country seeks to rebuild State institutions and stabilize its economy amid the ongoing war. Minister of State for Finance Mohamed Nour Abdeldaim said on August 09, after briefing Prime Minister Kamel Idris in Khartoum, that the Government was implementing measures […]
Morocco’s government is targeting economic growth of 4.1% and a budget deficit of 3% of gross domestic product in 2027 as it seeks to balance major infrastructure and social spending programs with fiscal discipline ahead of legislative elections, according to budget guidelines issued by Prime Minister Aziz Akhannouch. The assumptions are outlined in a circular, […]
Libya’s House of Representatives Speaker Aguila Saleh received the country’s final state accounts from the Head of the Administrative Control Authority, Abdullah Qaderbouh. The meeting, held in Al-Qubbah on Wednesday, August 5, focused on strengthening oversight mechanisms, improving institutional performance and enhancing transparency in the management of public resources. According to the Speaker’s Media Centre, […]
Morocco’s national water and electricity utility, ONEE, has approved a 2026-2030 equipment plan worth 177 billion dirhams for electricity and 42.1 billion dirhams for drinking water, with 72 percent of the total to be financed directly by the private sector, the utility’s board decided at a session in Rabat. The electricity component centers on accelerating […]
Morocco’s external accounts showed strong momentum in the first half of 2026, driven by a recovering tourism sector, steady support from its diaspora and an unprecedented surge of foreign investor interest, according to Foreign Exchange Office data relayed by several media, which described the results as a particularly welcome signal of resilience against a backdrop […]
Morocco was among the world’s leading countries for attracting private investment backed by public development finance between 2021 and 2024, according to a new report by the Organization for Economic Cooperation and Development, ranking joint 10th globally and third in Africa. The kingdom attracted an average of $1.5 billion a year over the period, equal […]
Morocco’s trade deficit widened to 198.38 billion dirhams by the end of June 2026, up 23.5 percent from the same period last year, according to figures from the Foreign Exchange Office, as import growth continued to outpace export growth despite a resilient performance from the kingdom’s industrial exporters. Goods imports rose 15.3 percent to 458.77 […]
Mauritania’s economy recorded steady growth and improved macroeconomic stability in 2025, according to the Central Bank of Mauritania’s annual report published over the week-end. The report said real Gross Domestic Product (GDP) expanded by 4% in 2025, following a 6.3% growth rate in 2024, despite global economic uncertainties and geopolitical tensions. Inflation remained under control, […]
The European Bank for Reconstruction and Development (EBRD) is supporting Morocco’s water security with a €250 million loan to Office National de l’Electricité et de l’Eau Potable (ONEE). The financing will support Morocco investment program seeking to improve the efficiency, resilience and sustainability of water production infrastructure. Investments will focus on reducing water losses, rehabilitating […]
Morocco has opened talks with the US Export-Import Bank and the World Bank to help finance the Africa-Atlantic Gas Pipeline, a 6,800-kilometer project estimated to cost $26 billion, Bloomberg reported. The pipeline, which would run from Nigeria to Morocco, cleared a key political milestone on July 19 when ECOWAS heads of state formally backed the […]