energy forum

AfCFTA calls for streamlined customs processes, visa removal to unleash intra-Africa trade potential

The African Continental Free Trade Area (AfCFTA) needs to remove visas and reduce custom processes to ease movement of goods within the African continent — this is the main appeal voiced by the Pan-African Private Sector, under the umbrella body of the African Business Council (AfBC). During the AfCFTA Business Forum recently held in Cape […]

Morocco: Smuggling attempt of over 6 tons of cannabis foiled at Guergarate

Moroccan security services foiled on Friday a smuggling attempt of 6.3 tons of cannabis at the Southern Guergarate crossing point on the borders with Mauritania. The drug haul was found by the customs and police agents in a truck registered in Morocco and heading to an African country. The banned substance was concealed in a […]

Morocco: Banking deposits surge 72% over a decade reaching $120 billion

Banking deposits in Morocco have experienced consistent growth over the past decade, reaching 1.271 trillion dirhams ($120 billion) in 2024 compared to 740 billion dirhams in 2014, representing a remarkable 72% increase. Bank Al-Maghrib monetary statistics confirm this robust upward trajectory, with deposits surpassing the one trillion-dirham milestone in 2020. The growth pattern demonstrates strong […]