African Union

Morocco’s Currency Regulator Does Not Recognize Bitcoin

The transactions made via Bitcoin, the digital payment system, constitute a “violation of regulations, punishable by penalties and fines”, said the Moroccan government agency “Office des Changes”. The Office stand comes few days after Moroccan digital services company MTDS said it would accept payment in bitcoin. According to the Office des Changes, the use of […]

Mauritania advances debt-for-climate and SDG swap framework with UN support

Mauritania has taken a further step towards aligning public debt sustainability with climate action and sustainable development financing, following a Technical committee meeting held on Monday in Nouakchott by the Ministry of Finance. The meeting forms part of ongoing cooperation between the Mauritanian Government and the United Nations Economic and Social Commission for Western Asia […]

France takes economic steps as prelude to full recognition of Morocco’s sovereignty over Sahara

France is gradually tilting towards an outright recognition of Morocco’s sovereignty over the Sahara territory where it said Paris is ready to back Morocco’s investments. The position to back Morocco’s economic projects in the Sahara was first expressed by French foreign minister Stephane Séjourné in February and reiterated this month by French minister in charge […]