The Mauritania Digital Transfer Points Association on Wednesday announced a temporary and organized suspension of withdrawal, deposit, and transfer services, citing recent measures linked to electronic transaction regulations. The association said the move was not directed at banking partnerships but aimed at safeguarding the sector and ensuring the delivery of financial services under safe and […]
Algeria is Morocco’s first customer and supplier in Africa, despite the stalemate in political and diplomatic ties between the Maghreb’s two populous countries, which remain at loggerheads concerning a range of regional issues. A study issued by the OCP Policy Center, a policy oriented think tank based in Rabat, surprisingly showed that Algeria is Morocco’s […]
The Board of Directors of the African Development Bank has approved a $1 billion exposure exchange with the Asian Development Bank that aims to strengthen their capital adequacy levels and boost their lending capacity. The transaction, sealed last week, will support AfDB efforts to unlock additional sovereign lending headroom. It will also bolster continued efforts […]
