The bill to regulate the use of cryptocurrencies in Morocco is ready, announced the Governor of the Central Bank (Bank Al-Maghrib- BAM), Abdellatif Jouahri. Speaking at a press briefing following BAM’s 4th and final quarterly meeting of 2022, Jouahri stressed that the draft to put in place a proper regulatory framework is ready. “For cryptocurrencies, […]
Morocco is poised to leave the grey list of the Financial Action Task Force (FATF), a move that will facilitate Morocco’s access to international debt market and improve its sovereign rating, central bank governor said. The bank hiked its benchmark interest rate by 50 basis points to 2.5% as it expects inflation to surge to […]
At the 9th Tokyo International Conference on African Development (TICAD 9), Japan unveiled a sweeping initiative to deepen economic ties with Africa, committing $5.5 billion in development loans and announcing the training of 30,000 AI specialists across the continent over the next three years. Japanese Prime Minister Shigeru Ishiba proposed the creation of an “Indian […]
