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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 […]

Libya: Sarkozy rejects receiving €50m from Gaddafi to finance the 2007 elections

Former French President and 2017 presidential candidate Nicolas Sarkozy has dismissed claims by French and Lebanese businessman Ziad Takieddine who underlined that the French politician received 50 million Euros from the former Libyan ruler for his 2007 presidential campaign. Takieddine, in a video-taped interview published by French investigative website Mediapart, repeated that he gave three […]

Morocco, Ethiopia review military and defense cooperation

Morocco and Ethiopia have reviewed an action plan for military and defense cooperation between the two countries. This came during first meeting of the Joint Military Commission held on Tuesday and Wednesday in Addis Ababa. The meeting was dedicated to reviewing an action plan for military and defense cooperation between the two parties. The creation […]