King Mohammed VI in Juba Feb 2017

Remittance costs in Sub-Saharan Africa remain high despite fintech’s effort to slash fees

Sub-Saharan Africa remains the world’s most expensive region when it comes to transferring remittances, with an average cost of transferring money of 8.37% in the second quarter of 2024, according to the World Bank’s most recent report. This cost remains significantly above the global average, despite the increasing importance of remittances in the region’s economies. […]

Morocco reduces cereal imports despite ongoing international dependency

Morocco’s cereal imports declined by 11 percent during the first seven months of 2025, dropping to 5.847 million tons from 6.57 million tons in the corresponding period of 2024, according to data released by the National Federation of Cereal and Legume Traders. The reduction reflects strategic inventory management amid abundant global supplies, though structural dependency […]

Modest Rebound Continues in MENA, New Sources of Growth & Job Creation Needed

A new World Bank report forecasts growth in the Middle East and North Africa (MENA) to reach 2.8% by 2020, but calls for a regional push toward a new digital economy that would generate higher levels of growth. Growth in the MENA region is projected to rebound to an average of 2% in 2018, up […]