UK Sahel

Morocco’s African Policy, Unlocking the Continent’s Untapped Potential

King Mohammed VI wound up on Thursday his official visit to Tanzania, second leg of his East-African tour that previously took him to Rwanda. The Sovereign was also due to visit Ethiopia, but this third and last leg of the tour in East Africa has been “postponed” and not canceled, as reported by some media […]

Morocco’s central bank pushes mobile payments to reduce cash prevalence

Morocco’s central bank detailed in a recent report its efforts to reduce reliance on cash- which has been dominating the economy- and promoting mobile payments to boost financial inclusion. In its 2024 annual report on financial market infrastructure and payment systems, Bank Al-Maghrib outlined regulatory and operational measures aimed to address entrenched habits relying on […]

Morocco’s SNI Changes Name into Al Mada, Gears Activity to Africa

SNI, the largest stakeholder in the Moroccan economy, announced that it has changed its name into Al Mada in tandem with gearing its activity towards becoming a pan-African investment fund. This change was approved at a meeting of SNI’s board of directors on March 28 in Casablanca, said the company in a statement noting that […]