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Morocco’s Competition Council accelerates electronic payment market opening
Since May 1, 2025, payment institutions and banking subsidiaries dedicated to acquisition services, with proper authorization, can operate in Morocco’s electronic payment market and commercialize their offerings, the Competition Council announced. The Council recently held a follow-up meeting on dismantling the quasi-monopoly held by the Centre Monétique Interbancaire (CMI) in the electronic payment market. Besides […]
Drought-Stricken Malawi Receives $11.2 Million Insurance Payout
Malawi, grappling with a severe El Niño-induced drought, has received a much-needed financial boost. An insurance payout of $11.2 million has been disbursed to the southern African nation, offering a glimmer of hope in the face of a dire food crisis. This payout comes at a critical time for Malawi, one of the world’s poorest […]
Algeria declined request to join airstrike campaign against ISIL
An Algerian diplomat has revealed that Algeria declined to join the US led campaign military campaign against the Islamic State of Iraq and Levant (ISIL) after requests from France and the United States. According to the diplomatic source who wants to remain anonymous, Algeria was asked to send two squadrons of warplanes to join the […]



