Keywords: Finance
The European Bank for Reconstruction and Development (EBRD) has announced the appointment of Haytham Eissa as its new head in Morocco, succeeding Antoine Salle de Chou. Based in Casablanca, Eissa will oversee the bank’s investments and operations across the country. Commitment to Morocco's......
Abdellatif Jouahri, Wali of Bank Al-Maghrib (BAM), has been recognized as one of the world’s leading central bank governors in the 2025 Central Banker Report Cards by the prestigious American financial magazine Global Finance. Jouahri received an “A” rating, placing him in an elite......
Morocco’s central bank, Bank Al-Maghrib (BAM), is spearheading the introduction of the e-Dirham, a Central Bank Digital Currency (CBDC) designed to accelerate the nation’s digital transformation. This initiative seeks to enhance financial inclusion, modernize payment systems, and establish......
The Asian Infrastructure Investment Bank (AIIB) has approved a $200 million loan to enhance Morocco's resilience to climate change, the Chinese Embassy in Morocco announced on Tuesday. The funding will support Morocco’s Nationally Determined Contribution (NDC) program, a cornerstone of the......
Lebanon’s Finance Minister, Yassine Jaber, has formally submitted a statement to the State Council defending the government’s decision to impose a tax on certain fuels and allocate the revenue to support the Lebanese army, according to an informed source at the Finance Ministry. The minister......
In just two decades, the financial dynamics of sub-Saharan Africa have undergone a seismic shift. European banks, once dominant in the region, are retreating, leaving room for African institutions—led by Moroccan banks—to expand their influence and reshape the landscape of African banking. European......
The United States is moving forward with a $5 billion investment plan aimed at fostering socio-economic development in Morocco’s southern provinces, located in the disputed Sahara region. The initiative underscores Washington’s ongoing support for Morocco’s territorial integrity and......
The number of bank cards in circulation in Morocco rose to 22.6 million in 2024, marking a 12% increase compared to the previous year, according to the latest annual banking supervision report released by Bank Al-Maghrib. Despite this significant growth, cash withdrawals remain the main use of these......
At the 20th African Ministerial Conference on the Environment (AMCEN-20) in Nairobi, Morocco introduced a bold framework to help African countries access climate finance and transition to greener economies. The initiative is anchored in governance, innovation, and equity, aiming to reshape the continent’s......
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