Morocco’s centuries-old rotating savings system, known locally as “daret” or tontine, is undergoing a digital transformation aimed at addressing the financial exclusion affecting 53 percent of the country’s adult population. The new mobile application, developed by former French banking executives Nabil Chakir and Mourad Chokeir, seeks to modernize this informal financial practice while preserving its […]
Morocco has reaffirmed its commitment to share its extensive experience and expertise in development financing with the African Union (AU) as part of the aspirations outlined in Agenda 2063. This announcement came during the Ministerial Retreat on Agenda 2063, a high-level event taking place in Kigali, Rwanda, this October 1-3. Morocco’s Permanent Representative to the […]
Climate negotiators from across Africa gathered on April 16 in Nairobi for a two-day consultation aimed at forging a unified continental position on financing the green transition under global climate frameworks. The meeting, led by the African Group of Negotiators Experts Support, was chaired by Nana Antwi-Boasiako Amoah (Ghana’s climate diplomat), who said discussions would […]
