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Moroccan reinsurer SCR rebrands as Atlantic Re with African expansion plans

Morocco’s Société Centrale de Réassurance (SCR) has officially rebranded as Atlantic Re, marking a strategic pivot toward continental expansion. The announcement, made Thursday, follows the inauguration of the company’s new headquarters at Casablanca Finance City. The 65-year-old reinsurer, a subsidiary of state investment fund CDG, positions this rebranding as part of a comprehensive transformation strategy […]

Algeria: Dinar falls to historic record low

Algeria is trying to balance its finances as its economy continues to struggle due to the low global oil and gas prices that are affecting countries heavily dependent on such revenues. A source close to the North African country’s Central Bank hinted that the authorities at the bank let the Algerian dinar to depreciate against […]

Morocco Climbs Six Places in Global Innovation Index

The Global Innovation Index 2016 has been released, with Morocco climbing six places from 78th (2014) to 72th in a ranking of 128 surveyed countries. The report, published by the United Nations World Intellectual Property Organization (WIPO), has swiftly become a widely used metric for assessing the state of innovation in various countries. In gaining […]