WB president David Malpass

British Fintech Revolut prepares Morocco market entry with digital banking revolution

British financial technology powerhouse Revolut is positioning itself to disrupt Morocco’s traditional banking sector, with regulatory approval applications submitted to Bank Al-Maghrib signaling imminent market entry into North Africa’s growing digital economy. The London-based neobank, valued at approximately 41 billion euros with nearly 60 million global customers, has appointed its first Morocco country director and […]

Farming: Morocco-Proposed Triple A Initiative at Focus of Meeting at AfDB

The initiative for the Adaptation of African agriculture, presented by Morocco during the COP22 in Marrakech in 2016 was at the focus of a meeting in Abidjan between Moroccan Minister of Agriculture Aziz Akhannouch and President of the African Development Bank Akinuwumi Adesina. The AfDB President expressed at the meeting the African institution’s support to […]

Surge in migration from Horn of Africa to Gulf states is alarming, UN warns

The number of women and children migrating from the Horn of Africa to the Gulf states has significantly increased and is a cause of concern, the head of the UN’s International Organization for Migration (IOM) has warned, citing climate change as the main driver of the increased migration. The treacherous journey from Djibouti, Ethiopia and […]