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Maroc Telecom gets €370 Mln funding from IFC to support operations in Chad, Mali
The International Finance Corporation has agreed to provide Maroc Telecom two loans totaling €370 million to enable the Moroccan telecom group support its subsidiaries in Chad and Mali. The IFC funding will help to enhance mobile connectivity and improve the quality of mobile internet. It will also support the rollout of 4G services, bringing faster, […]
Morocco: Bank Card holders increased to nearly 18 Mln in 2021
The number of bank cards increased in Morocco by 4.1 pc in 2021, compared to the previous year, reaching 17.9 million, says Morocco’s Central Bank in its latest report, noting that 88 pc of these cards were used for cash withdrawal. Over 5.4 million payment accounts were opened last year against 2.6 million transaction accounts […]
South Sudan declares state of emergency amid deadly inter-communal clashes
South Sudanese President Salva Kiir has imposed a six-month state of emergency in Warrap State and Mayom County following a surge in deadly inter-communal clashes over cattle and access to scarce water and grazing land. The violence, which has intensified in recent months—particularly in Tonj County—has claimed hundreds of lives, with over 200 deaths recorded […]



