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Africa: A 4% growth rate in 2023, outpacing IMF’s global forecast — AfDB report
The African Development Bank predicts the continent’s growth will be stronger-than-expected at 4% this year. Its cautiously optimistic economic outlook is partly based on the expectation that China will continue to re-open after three years of strict Covid-19 policies “Despite the confluence of multiple shocks, growth across all five African regions was positive in 2022- […]
UNOCT’s regional office for Africa inaugurated in Rabat
The headquarters in Rabat of the regional hub of the United Nations Office of Counter-Terrorism (UNOCT) destined for counterterrorism training and cooperation in Africa were inaugurated Thursday at a ceremony attended by Moroccan Foreign Minister Nasser Bourita and, by videoconference or in person, by a number of senior UN officials and representatives of the diplomatic […]
Morocco’s Competition Council accelerates electronic payment market opening
Since May 1, 2025, payment institutions and banking subsidiaries dedicated to acquisition services, with proper authorization, can operate in Morocco’s electronic payment market and commercialize their offerings, the Competition Council announced. The Council recently held a follow-up meeting on dismantling the quasi-monopoly held by the Centre Monétique Interbancaire (CMI) in the electronic payment market. Besides […]



