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Morocco Launches MAD 11 Billion Urban Transport Modernization Initiative

Morocco has unveiled an ambitious MAD 11 billion investment program aimed at transforming urban transportation across the nation. The comprehensive initiative, announced by the Interior Ministry, will run from 2025 to 2029 and focuses on enhancing service quality throughout Moroccan communities. The......

Taiwan's Presidential Hopeful Faces Bribery and Corruption Charges

Taiwanese politics have taken a dramatic turn as Ko Wen-je, a prominent political figure and former mayor of Taipei, faces serious charges of bribery and misuse of political donations. Ko, who recently ran for the presidency, is now under intense scrutiny following allegations that have captured the......

Failed Funding Derails Major Moroccan Mining Acquisition

Atlas Metals Group has announced the termination of its planned acquisition of Compagnie Minière de Oumejrane (CMO), a Moroccan mining subsidiary owned by Managem. The cancellation comes after the company failed to secure the necessary funding of MAD 183 million from institutional investors within......

Morocco Tops African Nations in Economic Appeal and Stability Rankings for 2024

Morocco has secured its position as Africa's most attractive investment destination, according to the Amadeus Institute's 2024 Africa Attractiveness and Stability Indices. The North African nation achieved a commanding score of 77.45 in attractiveness and 76.04 in stability, placing it first......

 The 2025 General Tax Code A New Milestone in Tax Reform

The General Tax Directorate (DGI) has published the 2025 General Tax Code (CGI), which introduces important updates to the 2024 edition. These revisions are in line with the changes introduced by the Finance Law No. 60-24. The new CGI is structured into three volumes, each addressing different aspects......

Morocco’s Supreme Council Exposes Financial Irregularities in Political Parties’ Audits

In its annual report for 2023-2024, released in November and submitted to King Mohammed VI, Morocco's Supreme Council of Accounts revealed significant discrepancies in the financial practices of many political parties. The 100-page report highlighted that, during the 2022 fiscal year, 29 political......

Building Financial Infrastructure Resilience at AFIS 2024

The discussions on Day 2 of the Africa Financial Summit (AFIS) focused on solutions to steer the continent toward a more connected and inclusive financial future. Casablanca – Africa Financial Summit Shaping Financial Future The Africa Financial Summit (AFIS) is in full swing, with a strong focus......

AFIS 2024: Morocco Hosts Summit Shaping Africa's Financial Future

Leaders gather in Morocco's economic capital to discuss investment, digital tools, and a united African financial market. Morocco is hosting the Africa Financial Summit (AFIS) for the first time in Casablanca. The two-day event, which began today and will run through tomorrow, brings together over......

Moroccan Finance Ministry Pushes for Tobacco Price Increases Amid Stagnant Tax Revenues

Morocco’s Ministry of Economy and Finance is exerting pressure on tobacco companies to raise cigarette prices following disappointing revenue collections from the Domestic Consumption Tax (TIC) on manufactured tobacco. Sources within the ministry indicate that these tax revenues have fallen below......