Dirham

Africa launches PAPSSCARD to reclaim financial sovereignty and boost trade

Africa has taken a major step toward financial self-determination with the launch of PAPSSCARD, the continent’s first Pan-African card scheme. Announced during the 32nd Afreximbank Annual Meetings in Abuja, Nigeria, the card aims to keep value, data, and economic benefits within Africa by processing payments entirely on the continent. The PAPSSCARD is a joint initiative […]

Morocco’s Tanger Med Industrial Zone, 2nd most competitive in world ranking

Morocco’s Tanger Med Industrial Zone ranked 2nd most attractive on a Financial Times FDI Intelligence ranking. Tanger Med Industrial Zone stood out in the ranking, dubbed FDI Global Free Zones of the Year 2020, which compares the competitiveness and attractiveness of 100 platforms across the world. Tanger Med was outperformed only by Dubai Multi Commodities […]

Egypt blasts “totally untruthful” foreign statements

Celebrations of the Fourth anniversary of the Egyptian uprising on Sunday were marred by violence which continued till Monday and has left dozens of people dead. Most of the confrontations are believed to be between supporters of the banned Muslim Brotherhood and the security forces. Cairo has however alleged that statements from foreign governments and […]