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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. […]

Chinese and Western Auto Giants Accelerate Investment in Tanger’s Industrial Zones

The Tanger region continues to attract a growing volume of investment from global automotive sector players, with announcements accumulating at a sustained pace and Chinese operators taking an increasingly prominent role alongside established Western manufacturers. The combination of proximity to European markets, a competitive cost base, and the strategic logic of the New Silk Roads […]

Morocco, UAE set to expand scope of security coordination & partnership, bolster intelligence sharing

Morocco and the United Arab Emirates have expressed their shared resolve to expand the scope of security coordination and partnership between the two countries and to bolster intelligence exchange mechanisms. This came during a meeting Tuesday in Rabat between Abdellatif Hammouchi, Director General of Morocco’s National Security and Territorial Surveillance, and Ali Obaid Al Dhaheri, […]