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BICICI, majority owned by a state-linked consortium, posted a 17.1% rise in net banking income in Q1 2026 to 21.214 billion FCFA, driven by stronger margins...
The African Development Bank suspended Esiko Kenya Enterprises for nine months and two individuals for a year over fraud in a Kenyan electrification project. Investigations found...
Unemployment fell slightly to 15% in Q1 2026 from 15.2% in Q4 2025, with urban at 14.4% and rural at 16.5%. The number of unemployed declined...
Morocco’s budget deficit widened to 15.5 billion dirhams by April 2026 from 11.8 billion a year earlier. Revenues rose 7 percent, driven by higher taxes, while...
An OECD report warns Morocco’s mining sector risks remaining an isolated hub without regional integration, better logistics, and tax reform. While progress in digital systems and...
Morocco’s capital market showed mixed signals in March 2026: the MASI fell nearly 9% year to date and market capitalization declined, while trading volumes rebounded during...
FINACTU secured two African Development Bank-funded contracts in the Comoros and Central African Republic to strengthen public debt management. The work includes strategy development, institutional reform,...
A Bank Al-Maghrib study of 19,000 MENA firms finds slow small-business growth is not mainly due to limited financing. Firms that invest in capabilities grow more,...
State support for associations reached a record in 2024, exceeding 5.6 billion dirhams, reflecting strong government commitment to development through civil society. Funding came from ministries...
Middle East crises since February 2026 could cut Africa’s growth by 0.2 points, driven by surging energy, fertilizer, and food prices, supply disruptions, and currency volatility....