British digital bank Revolut has signaled interest in entering Morocco’s fast-growing financial services market, but authorities say the timing is not favorable for a near-term launch. Governor of Morocco’s central bank Abdellatif Jouahri said that he met Revolut executives earlier this month in Rabat, where the fintech company outlined its ambitions but stopped short of […]
Algeria and its puppet, the Polisario Front, continue to divert the humanitarian aid sent by the EU for the populations in the Tindouf camps, southwestern Algeria, revealed an investigative article published by London-based news outlet EUToday. “Unfortunately, and despite promises from the European Commission to put an end to the diversion of humanitarian aid sent […]
Fewer job opportunities meant that many people had to seek jobs at Morocco’s large informal economy leaving many young people in vulnerable conditions, the central bank said in its annual report. The coronavirus pandemic has revealed the scale of the underground economy, which showed that 5 million households, representing more than half the Moroccan population, […]
