First Independent Mena Newspaper
Morocco’s financial sector expanded significantly last year, with total assets across its three main components — the banking sector, the insurance and social welfare sector, and capital markets — reaching 3,830 billion dirhams in 2025, an annual increase of 11.2 percent, according to the 13th annual report on financial stability jointly published by the central […]
The African Development Bank Group has approved a €100 million loan to Gotion Power Morocco for the establishment of an integrated cathode-to-cell lithium iron phosphate (LFP) battery gigafactory in the Rabat-Salé-Kénitra Free Trade Zone. The Bank also plans to mobilize up to an additional €141 million from financial partners to support the implementation of this […]
Morocco’s economy is growing at its fastest pace in over ten years, buoyed by a surge in infrastructure investment and an agricultural rebound, said the World Bank in latest report released Thursday. The “Morocco Economic Update summer 2026” report said the country’s macroeconomic foundations are solid, stressing that the country’s next great leap in productivity […]
The African Development Bank and the Fonds d’équipement communal (FEC) have signed a second agreement for a €150 million loan to support investment momentum across Morocco’s municipalities. The AfDB financing package will enable the FEC to continue funding sustainable, inclusive and climate-resilient infrastructure projects including the construction of rural access roads, drinking water networks, urban […]
Cash in circulation in Morocco rose 18.5% year-on-year to 491 billion dirhams (53.9 billion dollars) in 2025, highlighting the economy’s continued reliance on cash despite efforts to expand digital payments, according to Morocco’s central bank. Cash in circulation was equivalent to 28.5% of gross domestic product, the central bank said in its annual report, warning […]
Bank Al-Maghrib’s 2025 annual banking supervision report, presented by Nabil Badr, director of banking supervision, alongside deputies Ilham Zainane and Youssef Ghchioua, marks a strategic turning point, according to the daily L’Économiste. Rather than simply confirming the sector’s good health, the document reorients prudential strategy toward anticipating future threats — cybersecurity, climate risk, artificial intelligence […]
Morocco’s Minister of Economy and Finance, Nadia Fettah, presented parliament with an update on the execution of the 2026 budget law and the government’s fiscal roadmap for 2027-2029, built around three themes: the economic outlook, the state of public finances at mid-year, and budget priorities for the next three years. The government now expects growth […]
Morocco’s central bank has, for the first time, quantified the banking channel through which public financing crowds out credit to private companies. In its 2025 annual report, based on data spanning 2001 to 2025, Bank Al-Maghrib estimates that a one-point-of-GDP increase in public assets held by banks is associated, over the long term, with a […]
Morocco’s Ithmar Capital and the African Development Bank Group have announced a strengthened strategic partnership aimed at intensifying the mobilization of African institutional capital for cross-border infrastructure projects. The announcement, made in Abidjan, brings together the AfDB Group and the Africa Sovereign Investors Forum (ASIF), chaired by Ithmar Capital’s CEO Obaïd Amrane. Building on their […]
King Mohammed VI, accompanied by Crown Prince Moulay El Hassan, received Monday in the Royal Palace of Tetouan Governor of Bank Al-Maghrib Abdellatif Jouahri, who presented to him the Bank’s annual report on the economic, monetary, and financial situation for the year 2025. In an address during the audience, Jouahri stated that, in an international […]