Messi

Morocco’s Central Bank gearing up digital currency

As many Western societies are going paperless and cashless, several central banks across the world started testing digital money to assess the risks and benefits of cryptocurrency, a global market spurred by Covid-19 restrictions in emerging economies particularly in Africa and Asia. Sensing the growing importance of decentralized digital currency with the evolution of Information […]

Royal Air Maroc to service new Casablanca-Tel Aviv route next month

Morocco’s national carrier Royal Air Maroc announced Monday it will launch a direct air route between Casablanca and the Israeli city of Tel Aviv as of March 13. Royal Air Maroc said in a statement four flights will be operated weekly at the beginning, before being brought up to five flights per week. “This new […]

AfDB expects Morocco’s growth to reach 3.5% in 2024 & 3.8% in 2025

Morocco’s economic growth is expected to reach 3.5 pc in 2024 and 3.8% in 2025, driven by higher investment, according to latest projections released by the African Development Bank. In its African Economic Outlook 2024 report, the Bank said inflation is projected to fall slightly to 4.1% in 2024 and 3.8% in 2025, as world […]