First Independent Mena Newspaper
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, […]
The Dakhla Atlantic Port, a new powerhouse in Morocco’s maritime strategy and a lever for development, integration, and prosperity across the West African region, was the focus of a roundtable held Wednesday at the UK Parliament in Westminster. The meeting, attended by Morocco’s Ambassador to the UK, Hakim Hajoui, along with several members of both […]
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 […]
Morocco has emerged as a key partner in Washington’s efforts to strengthen security across Africa, according to General Dagvin Anderson, Commander of U.S. Africa Command (AFRICOM). In an interview with Moroccan outlet Hespress, Anderson said the continent is now a stage for global strategic competition, with Russia and China seeking influence through varied means. The […]
The President of Libya’s General Union of Chambers of Commerce, Industry, and Agriculture, Mohammed Al-Raied, has met with Spain’s Ambassador to Libya, Javier García-Larrache, to explore new avenues for strengthening bilateral economic cooperation. The discussions highlighted Spain’s crucial role in supporting Libya’s national economy and fostering investments aimed at driving sustainable growth. Al-Raied underscored the […]
In a landmark move to address Africa’s mounting debt crisis, finance ministers across the continent have adopted the African Debt Monitoring Mechanism (ADMM) — a real-time, continent-wide system designed to track both domestic and external debt. Approved during the 8th Ordinary Session of the African Union’s finance-focused committee in South Africa, the ADMM is hailed […]
Morocco’s Tangier stadium, which will host some matches of the FIFA World Cup 2030, has been equipped with state-of-the art facial recognition technology (FRT) system, according to local press reports. The FRT system is a key part of the stadium’s security architecture, with about 900 surveillance cameras already installed in and outside the stadium. The […]
Morocco’s draft finance bill for 2026, presented to the Parliament by Economy and Finance Minister Nadia Fettah, outlines an ambitious roadmap to sustain growth while preserving fiscal stability. The plan projects GDP growth at 4.6%, inflation contained at 2%, and a budget deficit reduced to 3% of GDP, alongside a public debt ratio of 66%. […]
The Tunisian government plans to seek $3.7 billion in direct financing from the Central Bank of Tunisia (BCT) in 2026, after borrowing $2.3 billion this year to cover urgent debt repayments. Total financing needs are projected at 27 billion dinars, with plans for a 7 billion dinar sukuk issuance, a first for the country. Public […]
Morocco’s draft budget for 2026, unveiled Monday by Economy and Finance Minister Nadia Fettah, prioritizes social sectors by creating 36,895 new civil service positions, with health and education accounting for 70% of the total. According to the bill, 8,000 posts will go to the health sector, while 19,000 positions are earmarked for education, mainly to […]