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Morocco set to Reopen Embassy in Iraq

Morocco is readying to reopen its embassy in Iraq, after the diplomatic mission has been closed for thirteen years for security reasons. The embassy, closed after two Moroccan nationals were kidnapped in 2005, will reopen in the coming weeks, affirmed local daily Akhbar Al Yaoum, in its Thursday issue. The reopening of the Moroccan Embassy […]

Digital innovation transforms Morocco’s traditional savings system

Morocco’s centuries-old rotating savings system, known locally as “daret” or tontine, is undergoing a digital transformation aimed at addressing the financial exclusion affecting 53 percent of the country’s adult population. The new mobile application, developed by former French banking executives Nabil Chakir and Mourad Chokeir, seeks to modernize this informal financial practice while preserving its […]

AFCON to Be Held Every Four Years Starting in 2028, Says CAF Head

The president of the Confederation of African Football (CAF), Patrice Motsepe, confirmed on Saturday in Rabat that the Africa Cup of Nations (AFCON) will be held every four years starting in 2028. “The AFCON will be held every four years starting in 2028 to allow teams to better prepare for this continental competition,” Motsepe said […]