Moroccan Territorial waters

Digital innovation transforms Morocco’s traditional savings system

Morocco’s centuries-old rotating savings system, known locally as “daret” or tontine, is undergoing a digital transformation aimed at addressing the financial exclusion affecting 53 percent of the country’s adult population. The new mobile application, developed by former French banking executives Nabil Chakir and Mourad Chokeir, seeks to modernize this informal financial practice while preserving its […]

Morocco’s high-speed rail project shows remarkable progress four months after launch

Morocco’s ambitious high-speed rail line connecting Kénitra to Marrakech has achieved significant milestones just four months after King Mohammed VI officially launched construction from Rabat-Agdal station on April 24, 2025, Moroccan news outlet le360 reported. The 430-kilometer project represents a crucial extension of the existing Tangier-Kénitra line, positioning Morocco as a regional leader in modern […]

Maghreb amid World’s Lowest Performing Trading Blocs – WEF

More than 25 years after its creation, the Maghreb Union, an economic bloc comprising Morocco, Mauritania, Algeria, Tunisia and Libya finds itself in a state of paralysis unable of tapping into its economic and trade potential, said the World Economic Forum (WEF) in a recent publication on the region. “The Maghreb, in Northern Africa, is […]