Morocco improved its ranking jumping 7 spots in the World Bank’s 2020 Doing Business report to take the 53rd place amid 190 countries. According to the report, Morocco is the country offering the best business climate in North Africa ahead of Tunisia (78th), Egypt, Mauritania and Libya. Morocco’s closest neighbor, oil-rich Algeria, continued to lag […]
Formally begun in 2007 by the African Union, the Sahel’s green wall which consisted in planting trees to fight desertification has been facing headwinds partly due to drought, conflict and lack of funding. The project is estimated to cost 36 billion dollars and be completed after 17 years from its launch but was hampered by […]
Morocco’s Interbank Monetary Center (CMI) has successfully maintained uninterrupted payment services throughout the national payment ecosystem’s comprehensive transformation into a multi-acquirer market, Director General Rachid Saihi told la Vie Eco. The transition, which began November 1, 2024, follows twenty-one years of structural innovations modernizing payment acceptance nationwide. The CMI expects to process nearly 240 million […]
