First Independent Mena Newspaper
Morocco’s financial authorities are mobilizing against the rise of internet fraud and cybercrime more broadly. Bank Al-Maghrib (BAM) and the National Financial Intelligence Authority (ANRF) jointly organized a national workshop in Rabat dedicated to combating phishing-type financial fraud, aimed at raising awareness of the risks involved and strengthening prevention mechanisms. The workshop forms part of […]
Morocco’s domestic demand is projected to grow 5.9 percent in 2026, moderating to 3.4 percent in 2027, while retaining its role as the principal engine of economic growth, according to the High Commission for Planning’s (HCP) Exploratory Economic Budget 2027. Domestic demand is expected to contribute 6.5 points to GDP growth in 2026 and 3.8 […]
Morocco’s economy expanded by 4.8 percent in year-on-year terms in the second quarter of 2026, an acceleration from the 4.6 percent recorded in the first quarter, according to the High Commission for Planning’s most recent economic conditions note. The growth was achieved despite a challenging international environment characterized by the continuation of the Iran conflict, […]
Local commodity prices in Mauritania increased significantly in June 2026, contributing to rising inflationary pressures, according to the National Agency for Statistics and Population and Economic Analysis. The Agency’s monthly Consumer Price Index report showed that prices of locally produced goods rose by 1% in June 2026, pushing annual inflation for local products to 10.2% […]
Sudan’s Government has announced the creation of a banking finance portfolio exceeding 3 trillion Sudanese pounds to support the 2026 summer agricultural season and strengthen the country’s productive sector. Finance Minister Gibril Ibrahim announced the initiative last Week, as farmers face major challenges, including shortages of funding, improved seeds, fertilizers, fuel and rising production costs […]
African countries, facing cuts to traditional aid budgets in major donor countries, are under growing pressure to mobilize more of their own domestic resources to finance their development, the United Nations’ Economic Commission for Africa (UNECA) said. In a recent press release, the UNECA, citing data from the Organization for Economic Co-operation and Development (OECD), […]
Tunisia’s economy has shown signs of recovery after several difficult years, but high public debt, limited access to external financing and persistent structural weaknesses continue to threaten the country’s outlook, the World Bank said. Tunisia’s economy grew by 2.5% in 2025, up from 1.6% a year earlier, driven by a recovery in agriculture and increased […]
User experience, innovation and trust dominated discussions at the second panel of the 7th Moroccan Consumer Day, held Thursday in Casablanca, as industry figures examined the levers most likely to accelerate the adoption of electronic payments across Morocco. The gathering brought together representatives of payment institutions, card infrastructure providers, digital players and academia to assess […]
The Governor of the Central Bank of Libya, Naji Issa, on Thursday, July 9, met with the Chairman and members of a follow-up Committee established by the High Council of State to review the bank’s strategy and performance in recent years. The meeting examined the central Bank’s operations, monetary policy measures and the challenges it […]
The African Development Bank (AfDB) has approved €205 million ($234 million) in financing for Morocco to help extend the country’s high-speed rail network and upgrade infrastructure along one of its busiest transport corridors. The financing is aimed at increasing capacity and improving operational performance on the Kenitra-Marrakech railway corridor, a key route for passenger and […]