No case of Pilchard herpesvirus (PHV) has been officially reported in Morocco, and nothing currently confirms the pathogen is circulating in Moroccan waters, but sardine die-offs recorded since early August along South Africa’s coast have put the virus back in scientists’ sights, Le Matin daily reports. On August 14, South African authorities confirmed genetic material […]
Business
ATM Card Retention Is ‘Compensable Harm,’ Court Rules
Morocco’s Court of Cassation will decide in the coming months whether a bank commits a banking fault when its ATM retains a customer’s card, a question now before the country’s highest court after a bank appealed a ruling ordering it to compensate a client, Medias24 reports. The case, filed in May, stems from a lawsuit […]
Casablanca Stock Exchange: BKGR Sees September as a Test of Selectivity
The Casablanca Stock Exchange returned to positive momentum in August after two months of consolidation, with the MASI index gaining 4.53 percent to 18,652.72 points, trimming its year-to-date decline to 1.03 percent, according to a research note from brokerage BKGR reported by Boursenews. The firm cautioned the rebound looks more like a normalization after months […]
Morocco’s Banking Sector Braces for Deep Reconfiguration
Morocco’s banking sector is entering a period of deep change, driven by a new banking law, competition from neobanks and “super apps,” and shifting ownership structures, Aujourd’hui le Maroc reports. Bank Al-Maghrib’s board is set to hold its penultimate 2026 session this month, shortly after the publication of a new law amending the framework governing […]
Morocco’s New Strategy to Combat Drought: The ‘Water Motorway’
Morocco’s response to persistent water scarcity is shifting from simply seeking new resources or building dams toward a more ambitious approach: connecting its river basins and transferring water to where it is needed, Spanish news outlet Atalayar comments. The strategy centers on a so-called “water motorway,” a network designed to move water from basins with […]
Africa continues to borrow to service debt in first half of 2026
African sovereigns raised more than $14 billion on international markets in the first half of 2026, but a large share of these loans went toward budget financing, debt repayments and liability management rather than productive investment, according to the 13th edition of the Africa Sovereign Credit Rating Review. Five countries (Cabo Verde, Ghana, Kenya, Nigeria […]
Cosumar Finds Its Rhythm After a Difficult First Quarter
Moroccan sugar group Cosumar regained momentum in the second quarter of 2026 after a start to the year marked by logistical and port disruptions, with quarterly revenue reaching 2.619 billion dirhams, down 2.8 percent year-on-year, an improvement from the 17.3 percent decline recorded in the first quarter, Le Nouvelliste reports. The gradual recovery rests on […]
Call Centers: Three Weeks After France’s Telemarketing Ban, Casablanca Feels the First Tremors
Three weeks after France’s ban on unsolicited telephone canvassing took effect, Morocco’s call center sector is still struggling to measure its impact, though early signs are already visible in Casablanca, where some companies have taken down their signage and a Technopark call center has closed, leaving 50 employees without jobs, Le360 reports. Ayoub Saoud, secretary […]
Libya hosts Arab conference on savings and financial literacy
The Central Bank of Libya will host the fifth Arab Conference on Savings and Financial Literacy in Tripoli September 7 – 9. The three-day conference will be held under the theme, “Tripoli: Capital of Financial Literacy,” with Central Bank Governor Naji Issa expected to attend. The event will bring together experts, policymakers, researchers, central banks […]
Mauritania, IMF discuss modernizing public enterprises financial data
Mauritanian Finance Minister Codioro Moussa N’Guénore received an International Monetary Fund (IMF) mission led by the Fund’s Regional Adviser on Government Finance Statistics, Francis Gahizi, on Thursday evening. The meeting focused on cooperation between the government and the IMF, particularly efforts to modernize the collection and verification of financial data relating to public enterprises. The […]









