Fitch Ratings

New payment methods, incl. BNPL, in Africa set to continue with strong growth

The global daily value of mobile money transactions in 2022 surpassed forecasts to hit $3.45 trillion, according to a latest mobile money industry report, while in East Africa, the number of transactions grew by 18%. The report by Global Systems for Mobile Communications Association (GSMA) also shows that in 2022 the total value transacted on […]

UNESCO releases book on Morocco’s textile, leather industries

The book “Matières à rêver”, dedicated to the textile, clothing, and leather industries in Morocco, was released last week at the UNESCO Office for the Maghreb in Rabat. This richly illustrated documentary work features 70 original photographs that offer a unique immersion into one of the country’s most dynamic sectors, UNESCO noted in a press […]

Tunisia : Ennahda and the role of religion

A major topic of debate earlier this month, article 6, has once again resurfaced in Tunisia National Constituent Assembly. The article, which addresses the role of religion in Tunisia, is prone to be changed by the Islamist party Ennahda. 120 members of parliament have already signed a petition in favor of an amendment weeks after […]