AFRICOM Stefen Townsend in Tunis

Marrakech, Islamic World’ s Capital of Culture in 2024

The city of Marrakech has been picked as the capital of culture in the Islamic world in 2024 for the Arab region. The announcement was made, Monday, at the closing activities of the celebration of Rabat, capital of culture in the Islamic world 2022, an event organized by ICESCO for a whole year. The closing […]

Morocco overhauls microfinance regulations with expanded credit limits

Morocco’s microfinance sector faces significant transformation as proposed regulations dramatically increase lending limits and introduce new deposit frameworks, positioning microfinance institutions as crucial intermediaries for small business financing. The draft decree, implementing Law 50-20 on microfinance, establishes differentiated credit ceilings based on institutional structure and client profiles. For associative microfinance institutions serving low-income populations, limits […]

Morocco debunks Algeria’s myths on Sahara at UN

In a measured yet firm response, Morocco’s Permanent Representative to the UN, Omar Hilale, debunked the narrative of the Algerian Foreign Minister Ahmed Attaf regarding the Sahara issue, during the general debate of the 80th session of the UN General Assembly. Hilale began by recalling that the inclusion of the Sahara issue on the UN […]