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UK fintech Revolut seeks foothold in Moroccan market
British fintech giant Revolut is in advanced negotiations with Bank Al-Maghrib as it seeks to establish a strategic foothold in Morocco, potentially positioning the country as its continental base for expansion across Africa. Speaking to reporters, governor of Morocco’s central bank Abdellatif Jouahri said the institution held technical meetings with Revolut’s representatives in June and […]
Coronavirus hit Tangier premier league club
Twenty-three members of Ittihad Tangier, a first league soccer club, caught the coronavirus casting doubt on the team’s chances in the national and continental football competitions. Tangier is already one of the most affected areas in Morocco where entry or exit is only allowed upon special permits. Ittihad Tangier explained that 16 players are among […]
IMF confirms Morocco’s favorable economic prospects, calls for more reforms
The International monetary fund said Morocco could post a growth rate of 4.5% in 2024 from 3% in 2018 if it continues on path of reform and inclusive growth. “Morocco’s medium-term prospects remain favorable, with growth expected to reach 4.5 percent by 2024” the IMF said in a report following Article IV consultations. The North […]



