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Keywords: Finance


Morocco's Customs Revenue Experiences Modest Growth in Early 2025

Morocco’s treasury reports that customs revenues have demonstrated resilience in the early months of 2025, with net receipts reaching MAD 14.735 billion ($1.47 billion) by the end of February. This figure marks a 1.3% increase compared to the same period last year, showcasing the stability of Morocco’s......

Morocco unanimously elected to lead 57th session of the UN Economic Commission for Africa

Morocco has been unanimously elected to preside over the 57th session of the United Nations Economic Commission for Africa (ECA) and the Conference of African Ministers of Finance, Planning, and Economic Development. This decision, made on Wednesday in Addis Ababa, reflects the trust member states have......

How much do you need to retire comfortably in Spain?

Spain continues to attract many expatriates looking to retire, with its favorable climate, picturesque coastline, and vibrant culture. However, rising living costs, including soaring housing prices, inflation, and increased taxes, have led to concerns about the true affordability of retiring in this......

Strategic auto financing partnership reshapes Morocco’s secondhand car market

Dar Al Amane, the participatory finance arm of Société Générale Maroc, has partnered with Autocaz, a subsidiary of Auto Hall and a key player in Morocco's secondhand car market, to launch an innovative auto financing solution aligned with Islamic finance principles. This......

Macky Sall faces legal action in Senegal over public finance mismanagement

Former Senegalese President Macky Sall, who led the country from 2012 to 2024, is set to face legal proceedings for "extremely serious" actions during his administration, according to the current government. Sall is accused of being responsible for the "false figures" revealed in......

Morocco ranks among the top 50 most influential countries in global soft power index

Morocco has retained its position in the 2025 edition of the "Global Soft Power Index," securing the 50th rank among the most influential countries worldwide. This achievement places the Kingdom at the forefront of Maghreb nations and among the top-ranking African countries in this prestigious......

Increase in Tax Revenues by 24.6% by End of January 2025

The Ministry of Economy and Finance (MEF) reported that tax revenues reached 30.79 billion dirhams (MMDH) by the end of January 2025, marking an increase of 24.6% compared to the same period in 2024. In its recent Treasury Charges and Resources document (SCRT), the ministry emphasized that the revenues......

Morocco eyes €1 billion euro bond sale amid falling yields

Morocco is preparing to tap international debt markets with a new euro-denominated bond issuance, its first since 2023, to help finance an ambitious infrastructure development program ahead of co-hosting the 2030 FIFA World Cup. Finance Minister Nadia Fettah Alaoui emphasized the country's current......

Tanger Med posts record revenue of 4 billion dirhams in 2024

The Tanger Med port complex continues to experience strong growth, achieving a record revenue of 4 billion dirhams in 2024, marking a 10% increase year-on-year. In the fourth quarter alone, the port generated 1.016 billion dirhams, reflecting a 9% growth compared to the same period in 2023. The year......

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