Morocco’s Interbank Monetary Center (CMI) has successfully maintained uninterrupted payment services throughout the national payment ecosystem’s comprehensive transformation into a multi-acquirer market, Director General Rachid Saihi told la Vie Eco. The transition, which began November 1, 2024, follows twenty-one years of structural innovations modernizing payment acceptance nationwide. The CMI expects to process nearly 240 million […]
Would-be migrants are increasingly avoiding passing through conflict-wracked Libya on their treacherous sea journey to Europe in favor of the more peaceful and closer western Mediterranean route between Morocco and Spain. The UN Refugee Agency has warned Spain to prepare for an upcoming surge in migrant arrivals as the number of mostly sub-Saharans who made […]
Sunu Finance group has pulled out as main shareholder from Cote Ivoire’s trade and industry bank BICICI now controlled by a State-run consortium, “Sika Finance” reports. The holding has sold its 19.11 shares for $35.6 million to Abidjan-based Brandon & MCain Capital, an investment firm founded by Ahmed Cisse, the President of Côte d’Ivoire’s employers’ […]
