emirates

Currency Reform, Morocco’s Path to Become North Africa’s Financial Hub

Currency liberalization is the centerpiece of Morocco’s efforts to transform itself into North Africa’s main financial hub. The gradual Dirham float, which was announced early in January, will help Morocco attract more investments, IMF officials say. Morocco’s Central Bank launched a cautious and smooth liberalization of the Dirham starting with an anchor of 2.5% instead […]

Africa’s critical mineral opportunity: from extraction zone into manufacturing and innovation hub

Africa, home to one-third of the world’s critical mineral reserves, stands at a crossroads: remain a source of raw exports or become a central player in the global energy transition. Despite abundant resources — including cobalt, lithium, copper, and rare earth elements — Africa received just 10.4% of global mineral exploration investment in 2024, down […]

Morocco aims to boost diaspora investment with new initiatives

Morocco aims to make the kingdom a “natural destination” for investment by its diaspora, head of the government Aziz Akhannouch said, as the country seeks to channel remittances into productive projects to support economic growth. Speaking at the opening of a national forum on investment and Moroccans living abroad, Akhannouch said the country wants to […]