The Moroccan currency is increasingly used in markets across West Africa and the Sahel, marking a significant shift in a region that has long been anchored to the CFA franc, tied to the French central bank. Although 14 African states still officially use the CFA franc, the Moroccan dirham has begun to circulate more widely […]
Over twenty African leaders are participating in the seventh edition of the Tokyo International Conference for African Development (TICAD) summit that opened proceedings Wednesday in Yokohama, Japan. The summit, held under the topic “Advancing Africa’s Development through People, Technology and Innovation” is attended by more than 4,500 delegates. Morocco is represented at the event by […]
Morocco’s central bank, Bank Al Maghrib (BAM), has again warned against the risks of crypto-currency, which remains illegal in the country. Despite previous warnings regarding the risks associated with the use of virtual currencies such as Bitcoin, it has been established that some physical and moral persons continue to use this type of operation, said […]
