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UnionPay International Joins Casablanca Finance City, Gateway to African Markets

UnionPay International (UPI) has received Casablanca Finance City (CFC) status, a premier label & regulatory framework granted to companies targeting African business. By securing this status, UPI joins an elite group of multinational institutions benefiting from a specialized legal, fiscal, and regulatory framework designed to foster regional integration as CFC serves as a strategic gateway […]

Poor infrastructure hampering intra-Africa trade, report finds

A recent report by the Mauritius Commercial Bank Group has highlighted the significant barriers posed by Africa’s inadequate transport and logistics infrastructure, which continue to hinder the region’s trade potential. Despite Africa’s growing economy, intra-Africa trade still accounts for a mere 16% of the continent’s total trade. The report, entitled ‘Harnessing Africa’s Trade Potential: Strategies […]

Moroccan Caftan Inscribed on UNESCO Intangible Cultural Heritage List

The Moroccan Caftan was added on Wednesday in New Delhi to the list of Intangible Cultural Heritage of Humanity during the 20th session of UNESCO’s Intergovernmental Committee for the Safeguarding of Intangible Cultural Heritage. This inscription is an international recognition of Morocco’s artistic genius and centuries-old know-how, as well as the Kingdom’s ability to safeguard, […]