Tanger MED 2

Anti-money laundering: EC removes Morocco from list of high-risk countries

After leaving the grey list of the Financial Action Task Force (FATF) thanks to its financial transparence, Morocco exits the European Commission’s list of high-risk countries presenting strategic deficiencies in their anti-money laundering and countering the financing of terrorism (AML/CFT). The decision, announced this Wednesday by the European Commission, will help Morocco attract more foreign […]

Morocco Gets $450 Mln World Bank Loan for Modernization of Public Sector

The World Bank approved on Wednesday a $450 million loan for Morocco which is deploying sustained efforts to modernize its public sector through the implementation of an ambitious governance reform program . Over the past few years, Morocco has embarked on long-term and wide-ranging reforms to improve the overall performance of the public sector and […]

Algeria is running out of coronavirus tests

Algeria is facing an acute shortage of coronavirus tests as the virus spreads exponentially among its citizens making the number of confirmed cases a tiny tip of a giant Covid-19 iceberg. Already one of the countries with least tests on the African continent, people taking Coronavirus checks have to wait up to 15 days for […]