Keywords: BANQUE


Global boycott campaigns hit major brands over ties to Israel amid Gaza war

A growing international boycott movement is significantly impacting multinational corporations with alleged ties to Israel, as global outrage continues over the war in Gaza. From fast food giants to global apparel and beverage brands, companies are reporting falling sales and reputational damage, particularly......

Dirham depreciation, strong reserves, and significant stock market correction (BAM)

The Moroccan dirham depreciated by 0.4% against the euro and by 0.5% against the US dollar between September 25 and October 1, 2025, according to the latest weekly report from Bank Al-Maghrib (BAM). During this period, no foreign exchange auction operations were carried out. Official reserve assets......

Digital bank Revolut eyes Morocco amid Bank Al-Maghrib caution

British digital bank Revolut has expressed interest in entering the Moroccan market, a move confirmed by Bank Al-Maghrib (BAM) Governor Abdellatif Jouahri on Tuesday. The announcement followed BAM’s third quarterly board meeting of 2025 in Rabat. Jouahri revealed that Revolut executives met with......

Tanger Med loses top spot in Africa but remains a global maritime leader

Morocco’s Tanger Med Port has reaffirmed its stature as one of the world’s most efficient container ports, ranking fifth in the 2024 Container Port Performance Index (CPPI), jointly published by the World Bank and S&P Global Market Intelligence. However, the port has ceded its long-held......

Morocco’s crypto paradox: bitcoin thrives despite a national ban

Morocco banned cryptocurrency transactions in 2017, but the sector has continued to grow under the radar. A new law in development may finally regulate the industry, marking a pivotal shift in the country’s approach to digital currencies. A firm stance on crypto In November 2017, Morocco’s......

Morocco strengthens industrial sovereignty with $110 million investment in fluorine production

INNOVX has secured $110 million in financing from Bank of Africa to support the development of its subsidiary, Fluoralpha, which is spearheading a groundbreaking project in Jorf Lasfar, Morocco. This initiative focuses on recovering fluorine from Moroccan phosphate rocks, reinforcing Morocco’s......

Morocco’s Fluoralpha secures MAD 1 billion financing to power a new fluorine era

Casablanca is set to play host to one of the most ambitious industrial transformations in Morocco’s recent history. On September 21, 2025, INNOVX announced that its subsidiary Fluoralpha has secured over one billion dirhams (USD 110 million) in strategic financing from Bank of Africa, paving the......

EBRD grants €10M loan to boost youth entrepreneurship in Morocco

The European Bank for Reconstruction and Development (EBRD) has approved a €10 million loan to Fondation Arrawaj, one of Morocco’s leading microfinance institutions. The financing aims to empower young entrepreneurs and small businesses, particularly in regions affected by the Al Haouz 2023......

Morocco faces World Bank warning of possible retirement age at 70

The World Bank has raised concerns that Morocco may eventually need to raise its legal retirement age to 70 in order to sustain its pension system. In a recent report titled “Adopting and Shaping Change: Human Capital in the Middle East and North Africa at a Turning Point”, the institution......