First Independent Mena Newspaper
Morocco’s economic growth is expected to moderate slightly from 4.6 per cent in 2025 to 4.4 per cent in 2026 and 4.0 per cent in 2027, according to projections of the European Bank for Reconstruction & Development. In its latest Regional Economic Prospects, the Bank says strong tourism and remittances have continued to support external […]
The Central Bank of Tunisia (BCT) has decided to maintain its benchmark interest rate unchanged at 7%, following its Monetary Policy Council meeting held on June 3, 2026. The decision reflects the Bank’s continued cautious stance as it assesses recent economic, monetary and financial developments at both domestic and international levels, particularly evolving inflation trends […]
Morocco and the European Union launched a program to support the Kingdom’s national water policy for a total cost of 3.7 billion dirhams (€348 million), as the country faces mounting pressure on its water resources due to climate change and recurring droughts. The program, unveiled in Rabat, is backed by the EU along with Germany, […]
Bank of Africa (BOA) was named Best Bank in North Africa at the 20th edition of the African Banker Awards, held in Brazzaville on the margins of the African Development Bank’s Annual Assemblies. The ceremony brought together senior banking executives, regulators, and policymakers from across the continent for an event that has become the reference […]
Mauritania’s Minister of Economic Affairs and Development, Abdallahi Souleymane Sheikh Sidiya, held talks with President of the African Development Bank Sidi Ould Tah on strengthening economic and financial cooperation between Mauritania and the African institution. The meeting took place on Sunday, May 24 in Brazzaville, Republic of the Congo, on the sidelines of the AfDB […]
Startup investment activity across the Middle East and North Africa rebounded sharply in April 2026, with total funding reaching $150 million across 27 transactions — a 211 percent increase on the March figure, according to Wamda data. The recovery, while significant in volume terms, was characterized by selectivity and caution rather than a broad return […]
Morocco’s consumer price index rose 1.7 percent in April 2026 on a twelve-month rolling basis, ticking up from the 1.1 percent recorded in March, according to data published Friday by the High Commission for Planning (HCP). The headline figure remains comfortably below the two percent threshold set as the reference level by monetary authorities, and […]
The European Bank for Reconstruction and Development is preparing two structurally significant financing operations for Moroccan public enterprises, totaling up to €350 million. The first, a €250 million loan to the National Electricity and Water Office (ONEE), is designed to support a performance improvement program for the country’s drinking water distribution network. The second, a […]
The African Development Bank (AfDB) Group and OCP Group signed an agreement on Friday in Rabat for a €450 million partial credit guarantee to help finance the investment program of the global leader in plant nutrition solutions and phosphate fertilizers. This operation is intended to support the mobilization by Société Générale and BNP Paribas of […]
The Higher Council of the Judiciary (CSPJ) and the Moroccan Capital Market Authority (AMMC) formalized a framework partnership agreement in Rabat this week, translating the two institutions’ shared commitment to protecting the country’s economic and financial public order. The accord was signed by Mohamed Abdennabaoui, First President of the Court of Cassation and Deputy President […]