Morocco Hosts Fourth Regional Forum on Financial Stability in Africa

The fourth edition of the High-Level Regional Forum on Financial Stability in Africa began on Tuesday in Rabat, Morocco. 

The event brought together central bank governors, heads and representatives of African regulatory bodies, and international institutions, alongside continental and regional insurance oversight authorities.

Organized by Bank Al-Maghrib in collaboration with the Ministry of Economy and Finance, the Moroccan Capital Market Authority, and the Insurance and Social Security Supervisory Authority, the two-day forum focuses on financial stability amid emerging risks.

In his opening remarks, Abdellatif Jouahri, Governor of Bank Al-Maghrib, emphasized the forum’s theme: “Financial Stability in Africa Amid Geo-Economic Uncertainty and Emerging Risks.” He noted that the choice reflects the complex challenges faced in recent years, particularly since 2020.

Jouahri highlighted that in addition to the pandemic and its repercussions, a series of shocks have emerged, including rising conflicts, the increased frequency of extreme climate events, inflationary pressures, and profound changes reshaping the global economic, social, and financial landscape.

He further explained that geo-economic fragmentation, rising protectionism, digitization, the development of artificial intelligence, and demographic shifts are fueling uncertainty. These developments introduce complex new risks that are difficult to anticipate and manage, making decision-making—whether at the public or private level—a significant challenge.