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Morocco, third destination for remittances from African diaspora in 2021 – World Bank
The kingdom of Morocco is expected to receive $9.3 billion this year in terms of remittances from Moroccan expatriates, representing the third largest on the continent, right behind Egypt and Nigeria, a World Bank report revealed. Compared with last year data, Morocco will witness a 25.76 per cent increase, according to data published in the […]
Libya’s Menfi, UN Chief Guterres discuss path to elections and stability
Libya’s Presidential Council head, Mohammed Menfi, held talks with United Nations Secretary-General António Guterres on the sidelines of the UN’s Third Conference on Landlocked Developing Countries in Avaza, Turkmenistan. According to a statement released on Tuesday, August 5, by the Presidential Council’s media office, discussions focused on the latest political and security developments in Libya, […]
Financing of SMEs: Banks to Apply Lowest Interest Rates Ever
In implementation of King Mohammed VI’s instructions to make the banking system conducive to development and to lower the rate of interest on loans within the framework of the integrated program of support and financing of SMEs, it has been decided that the interest rate will not exceed 2%. In response to the wishes of […]



