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Mastercard ventures into African fintech, snapping up $5.2bn stake in continent’s no.1 telco
Mastercard has acquired a minority stake in the fintech subsidiary of South African telecommunications giant MTN in a deal valued at a whopping $5.2 billion, whereby the partnership will see Africa’s biggest mobile company to strategically leverage the US giant’s technology for its payments and remittance expansion in the continent. By snapping up the minority […]
Morocco Seizes 2 Tons of Cannabis
Moroccan Customs agents have seized lately nearly two tons of cannabis in the northern city of Tetouan. The drugs were hidden in a commercial vehicle having a fake number plate. An investigation is underway to bring to justice all those involved in this major smuggling operation. Early January, over 13.7 tons of cannabis were seized […]
FIFA Welcomes Moroccan-Spanish-Portuguese Joint 2030 World Cup Bid
Bids by different countries to host the 2030 World Cup are welcome including the one announced by Morocco, Spain and Portugal, FIFA head Gianni Infantino said. Speaking in Marrakech following a FIFA meeting, Infantino said that there is no impediments in FIFA regulations regarding organizing the world cup by countries from different continental associations. Infantino’s […]



