Fawry, Egypt’s leading E-payment solutions provider, will turn its online payment portal “myFawry” into a digital bank in 2023, the country’s stock exchange market indicated Sunday August 13, in a statement. The future bank will provide a variety of financial services, including payments, consumer lending, savings, and investments, the online payment firm indicated. Downloads of […]
Morocco’s central bank, Bank Al Maghrib, said growth will reach 3.3% in 2018 and 3.5% in 2019, down from 4% last year. The bank kept its benchmark interest rate unchanged at 2.25%, as the financial conditions look stable since the launch of the gradual dirham float last January. Inflation was expected to reach 1.8% on […]
Cyber risk is the leading concern of Moroccan experts, ahead of artificial intelligence and big data, according to Axa’s 13th Future Risks Report, produced with Ipsos. The survey, relayed by Le Matin daily, questioned 28,345 people between 14 May and 24 June, including 4,345 experts across 62 countries and regions and 24,000 members of the […]
