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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 […]

IMF intends to offer Morocco $5 bln credit line

The International Monetary Fund intends to approve Morocco’s request for a 5 billion-dollar Flexible Credit Line (FCL) during a meeting of its executive board meeting. “Considering Morocco’s very strong policy frameworks and track record, IMF Managing Director Kristalina Georgieva intends to recommend approval of the FCL arrangement for Morocco when the IMF Executive Board meets […]

Tunisia: Army Receives Six US Helicopters to Beef up Anti-Terror Fight

Prime Minister Youssef Chahed Saturday inspected six new US-made helicopters delivered to Tunisia to further the army’s capacity to fight terrorism and secure border with neighboring Libya. The warships, OH-58D Kiowa type, are a first batch of 24 aircrafts deal signed with the US military cooperation agency (DSCA) in May last year. The deal is […]