Morocco joins Pan-African payment and settlement system

Morocco’s Central Bank has joined the Pan-African Payment and Settlement System (PAPSS), a centralized financial market infrastructure that enables the efficient flow of money securely across African borders, minimizing risk and contributing to financial integration across the Continent. Morocco becomes the 17th country adhering to PAPSS developed by the African Export-Import Bank (Afreximbank) in partnership […]

Morocco has more mobile phone subscriptions than people, official statistics

Morocco has 46.67 million mobile phone subscribers, that is more than the entire population estimated at 40 million people.   The latest figures released by telecoms regulator ANRT show that mobile phone penetration rate last year was 131.14%, noting that subscriptions in mobile phone services operated by the three main companies rose 20.54% last year. […]

Two Moroccan peacekeepers die in Central African Republic

Two members of the Moroccan blue helmets of the MINUSCA mission died in the Central African Republic, the UN mission announced on Twitter, without disclosing their identity. The two Moroccan blue helmets, who were part of the peacekeeping mission in the Central African Republic, died on June 12 in Bangassou in the east of the […]