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Keywords: Finance


Tunisia's president dismisses third prime minister in two years

Tunisian President Kais Saied has dismissed Prime Minister Kamel Maddouri, less than a year after his appointment, amid escalating economic and political turmoil. The decision, announced late Thursday, comes as Tunisia faces mounting challenges, including an influx of migrants from sub-Saharan Africa. Saied......

Ryad Mezzour: Morocco remains committed to the AfCFTA

Morocco remains steadfast in its support for the African Continental Free Trade Area (AfCFTA), reaffirmed by Minister of Industry and Trade, Ryad Mezzour, during the 57th session of the Economic Commission for Africa (ECA) and the Conference of African Ministers of Finance, Planning, and Economic Development......

Launch of BVS in Casablanca: Morocco’s new venture studio pioneer

BVS unveils its innovative venture studio in Casablanca Finance City Casablanca, March 10, 2025 – The Moroccan business landscape has been enriched with the official launch of BVS at Casablanca Finance City (CFC). Positioned as an alternative venture studio, BVS aims to become a key player in......

CIH Bank reports impressive growth in 2024 financial results

In a recent meeting chaired by Mr. Lotfi Sekkat, the Board of Directors of CIH Bank convened on two occasions—February 26 and March 11, 2025—to review the bank's performance and consolidated financial results for the year ending December 31, 2024. These results were unveiled on March......

Morocco chosen to host African finance ministers’ conference in 2026

Morocco is set to host the 58th session of the United Nations Economic Commission for Africa (ECA) and the Conference of African Ministers of Finance, Planning, and Economic Development in March 2026. This announcement was made on Friday during the experts' session of the 57th ECA session and the......

Morocco takes the helm of UN Economic Commission for Africa 57th session

Morocco has been unanimously elected to preside over the 57th session of the UN Economic Commission for Africa (ECA) and the Conference of African Ministers of Finance, Planning, and Economic Development. This significant election occurred at the ECA headquarters in Addis Ababa and underscores the growing......

Morocco's budget deficit swells to MAD 21.1 billion amid rising expenses and revenues

In a stark financial revelation, Morocco's Treasury has reported a staggering budget deficit of MAD 21.1 billion ($2.1 billion) for February 2025. This figure marks a considerable increase from the MAD 3.8 billion ($0.38 billion) deficit recorded during the same period last year, highlighting a deteriorating......

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......

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