Tanger-Med

Morocco’s Digital Payment Sector Weighs Growth Levers at Consumer Day Forum

User experience, innovation and trust dominated discussions at the second panel of the 7th Moroccan Consumer Day, held Thursday in Casablanca, as industry figures examined the levers most likely to accelerate the adoption of electronic payments across Morocco. The gathering brought together representatives of payment institutions, card infrastructure providers, digital players and academia to assess […]

Morocco stops 400 migrants from storming into Ceuta

Moroccan authorities stopped some 400 migrants from jumping the fence surrounding the Spanish occupied enclave of Ceuta. Spanish authorities said that 150 migrants managed to enter the enclave in a major assault on the fence since the 2018 summer. Moroccan authorities said that 9 migrants were injured in the attempt and 90 others arrested. Morocco […]

British CDC invests $200 mln in BMCE Bank

CDC Group, the British government’s overseas-investment arm, said it has invested $200 million in Morocco’s BMCE bank, which seeks to develop its activities on the African continent. The British group acquired nearly 5% in the bank’s capital after the investment, part of CDC’s plan to invest $4.5 billion in the African continent, the two institutions […]