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New payment methods, incl. BNPL, in Africa set to continue with strong growth
The global daily value of mobile money transactions in 2022 surpassed forecasts to hit $3.45 trillion, according to a latest mobile money industry report, while in East Africa, the number of transactions grew by 18%. The report by Global Systems for Mobile Communications Association (GSMA) also shows that in 2022 the total value transacted on […]
Moroccan Cities Top Survey on Quality of Africa’s Urban Life
Four Moroccan cities were listed in the top 10 African cities for quality of life in a new survey by the Paris-based magazine, Afrique Mediterranee Business (AMB). Marrakech, known as the Ochre city, topped the ranking followed by Johanesburg, south Africa, and Alexandria, Egypt. Three other Moroccan cities: Casablanca, Rabat and Fez featured in the […]
China’s car part maker Citic Dicastal opens third plant in Morocco
China’s car part maker Citic Dicastal opened in Morocco its third factory worth 190 million dollars to manufacture aluminum chassis parts. The new factory in Kenitra will be ready in six months with a production capacity of 10 million units. It will offer up to 766 direct jobs, the industry ministry said in a statement. […]



