North Africa Post
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Emerging Markets Energy Europe Finance Headlines International Morocco

Morocco beneficiary of new green financial program of EBRD & Green Climate Fund

North Africa Post

Morocco has been selected among 13 beneficiary countries from a new green financial program worth $634 million provided by the European Bank for Reconstruction and Development (EBRD) and the Green Climate Fund (GCF). Under this program, Morocco, Egypt, Jordan, Armenia, Georgia, Kazakhstan, Kyrgyz Republic, Moldova, Mongolia, North Macedonia, Serbia, Tajikistan and Uzbekistan will benefit from […]
Business Community Headlines Morocco

Morocco: Three provinces selected to grow cannabis legally

North Africa Post

A new step forward in the legalization of cannabis cultivation in Morocco was made Thursday as the government adopted at its weekly meeting a decree regulating the activities related to the culture of the plant and selected three provinces, namely Al Hoceima, Chefchaouen and Taounate that will grow cannabis legally. This decree, drafted by the […]
Community Emerging Markets Finance Headlines Morocco

Digital innovation transforms Morocco’s traditional savings system

North Africa Post

Morocco’s centuries-old rotating savings system, known locally as “daret” or tontine, is undergoing a digital transformation aimed at addressing the financial exclusion affecting 53 percent of the country’s adult population. The new mobile application, developed by former French banking executives Nabil Chakir and Mourad Chokeir, seeks to modernize this informal financial practice while preserving its […]