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Remittance costs in Sub-Saharan Africa remain high despite fintech’s effort to slash fees

Sub-Saharan Africa remains the world’s most expensive region when it comes to transferring remittances, with an average cost of transferring money of 8.37% in the second quarter of 2024, according to the World Bank’s most recent report. This cost remains significantly above the global average, despite the increasing importance of remittances in the region’s economies. […]

Abu Dhabi hosts inaugural Global South Economic Forum amid calls for new economic order

The first Global South Economic Forum (GSEF) convened this week in Abu Dhabi, gathering over 100 delegates from more than 20 developing nations to chart a path toward a more equitable global economic system. Held alongside the G7 Summit, the forum aimed to amplify the voice of the Global South amid shifting geopolitical and economic […]

Morocco gets first shipment of Covid-19 vaccine (Official)

Morocco has received Friday the first shipment of the British Astrazeneca vaccine, manufactured in India, the Ministry of Health announced in a statement.   A RAM airplane flew to Mumbai Thursday and returned to Morocco Friday with onboard two million doses of the coronavirus vaccine, ending weeks of waiting and uncertainties.   The Indian embassy […]