adouls

Morocco’s Contribution to Cocody Bay Rehabilitation, Best Showcase of South-South Cooperation

Morocco’s solidarity with Africa is not hot air but a tangible reality. A reality that is taking shape and becoming more and more evident as King Mohammed VI has spearheaded over the past few days landmark projects in Senegal, Guinea-Bissau and Ivory Coast during his current African tour. The development projects and agreements sealed by […]

Morocco’s BCP Secures Funds to Upgrade Business Financing in West Africa

The Central People’s Bank of Morocco (BCP) has secured funds from Proparco and the African Development Bank, destined to upgrade its business financing in West Africa, mainly in Côte d’Ivoire, Guinea, Mali and Senegal, where the bank is operating through its subsidiary Banque Atlantique. BCP has thus signed Thursday in Casablanca a funding agreement with […]

Morocco’s central bank pushes mobile payments to reduce cash prevalence

Morocco’s central bank detailed in a recent report its efforts to reduce reliance on cash- which has been dominating the economy- and promoting mobile payments to boost financial inclusion. In its 2024 annual report on financial market infrastructure and payment systems, Bank Al-Maghrib outlined regulatory and operational measures aimed to address entrenched habits relying on […]