morocco economy

Morocco’s Currency Regulator Does Not Recognize Bitcoin

The transactions made via Bitcoin, the digital payment system, constitute a “violation of regulations, punishable by penalties and fines”, said the Moroccan government agency “Office des Changes”. The Office stand comes few days after Moroccan digital services company MTDS said it would accept payment in bitcoin. According to the Office des Changes, the use of […]

Aeronautics: Pratt & Whitney Canada Opens New Plant in Morocco Specializing in Aircraft Engine Parts

Pratt & Whitney Canada opened on Tuesday a new manufacturing facility in Morocco’s Nouaceur’s Midparc Industrial Zone which is attracting a growing number of investors and major players in the global aerospace industry. The new production site is expected to create approximately 200 new jobs by 2030 and add critical production capacity to support Pratt […]

Senegal, Finland poised to deepen ties

Senegal is keen on bolstering ties with Finland and diversifying its cooperation with the European country to make of it a great partner in the future. “The low level of partnership between the two countries is the reason why we want to deepen this cooperation with Finland, which is called to become a great partner […]