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Mastercard ventures into African fintech, snapping up $5.2bn stake in continent’s no.1 telco
Mastercard has acquired a minority stake in the fintech subsidiary of South African telecommunications giant MTN in a deal valued at a whopping $5.2 billion, whereby the partnership will see Africa’s biggest mobile company to strategically leverage the US giant’s technology for its payments and remittance expansion in the continent. By snapping up the minority […]
Moroccan economy one of least impacted by COVID-19 in MENA – IMF
Moroccan economy has so far shown resilience and agility in responding to the coronavirus pandemic making it one of the least impacted in the MENA region by the pandemic, MENA and Central Asia director at the International Monetary Fund (IMF) Jihad Azour said. “Morocco is one of the countries that knew how to efficiently manage […]
Kuwait Renews Backing to Morocco’s Territorial Integrity
The Chairman of the Morocco-Kuwait Parliamentary Friendship Group, Askar Aouid Al-Anzi, reiterated his country’s support for the territorial integrity of Morocco. This came at a meeting he held this Friday in Rabat with the Speaker of the House of Representatives, Habib El Malki. According to a statement released by the lower house of the Moroccan […]



