Opinion
Egypt trades sovereignty for solvency
The Arab world’s former leader now takes orders from its bankers. For decades, Egypt was the lodestar of the
finance
Explore the latest updates on finance in the Maghreb region, including economic trends, investments, and financial policies shaping the future.
162 articles
Algeria
Afreximbank’s PAPSS expands to Algeria
The Pan-African Payment and Settlement System (PAPSS), backed by Afreximbank, the African Union, and AfCFTA, has added Algeria as its
Libya
Libya Urges Swift Anti-Money Laundering Law to Avoid Global Isolation
Libyan financial authorities warned that delays in passing new anti-money laundering (AML) and counter-terrorism financing (CTF) laws risk economic isolation
Morocco
Morocco’s financial sector grows 10% in 2024
According to the 12th edition of the annual Financial Stability Report, Morocco’s financial sector reached 3.441 trillion dirhams
Opinion
Africa’s Turn: Casablanca's Bid to Reset Carbon Justice
By Gavin Serkin – In the humid depths of the Congo Basin, ancient trees absorb around 600 million tonnes of carbon
Libya
Banking tech firm Backbase helps launch Libyan Islamic Bank’s digital platform
The AI-powered banking tech firm Backbase announced this week the digital launch of Libyan Islamic Bank (LIB) mobile services. It
Morocco
Morocco’s stock market surges in early 2025
The first quarter of 2025 saw Morocco’s stock exchange surge, driven by soaring trading volumes and a renewed push
Tunisia
Tunisia holds key rate at 7.5% as inflation eases
Tunisia’s central bank kept its benchmark interest rate at 7.5% on Wednesday, maintaining March’s cut—the first
Algeria
Algeria bans all crypto activities
Algeria has officially banned all activities related to cryptocurrency - including ownership, trading, mining, and promotion, according to a report
Morocco
Revolut eyes Morocco in North Africa expansion drive
Revolut, Europe’s largest digital bank, is preparing to enter the Moroccan market, appointing Amine Berrada to lead local operations,
Sahel
Sahel alliance accelerates plans for new regional bank
Finance ministers from the Alliance of Sahel States — Burkina Faso, Mali, and Niger — agreed in Niamey to fast-track capital release
Mauritania
World Bank to increase education funds for Mauritania, Chad
The World Bank and the German government have entered into a funding agreement with Mauritania and Chad for a total
Morocco
Morocco moves to regulate cryptocurrencies and launch digital currency
Morocco’s central bank is taking major steps to modernize its financial system by developing its own central bank digital