devises

Morocco Hosts about 10,000 Refugees & Asylees

A total of 9,756 persons were admitted to Morocco as refugees and asylees in 2019, a 25 pc increase compared with the previous year, according to latest figures released by the Moroccan national statistics agency (HCP). By the end of December 2019, the North African Kingdom received 6,656 refugees. 38 pc of these refugees are […]

Cameroon: Military seizes weapons being smuggled in by Boko Haram militants

Cameroon’s military has announced the seizure of several hundred weapons and combat uniforms that were being smuggled by suspected Boko Haram militants to a hideout of the Nigeria-based terrorist group. The items confiscated this week in Maroua, a town near the central African country’s border with Nigeria and Chad, included long-barreled firearms, military uniforms, over […]

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 […]