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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 […]

French President highlights excellent ties with Morocco

French President Emmanuel Macron welcomed ties with Morocco as being in an “excellent” state, and highlighted major opportunities to deepen what he called an “exceptional, strengthened partnership” with the Kingdom. Opening the annual Conference of French Ambassadors in Paris, Macron stressed the need to reinforce strategic alliances amid an increasingly unstable global landscape. “We believe […]

Africa Action Summit: King Mohamed VI announces creation of African center for climate change control

Bringing together around 30 African heads of states at the Africa Action Summit on the sidelines of the UN Summit on the climate change King Mohamed VI in his speech announced the establishment of a competence center on climate changes in Africa to ponder over hazards caused by global warming. Seven African countries have been […]