First Independent Mena Newspaper
Moroccan remittances from abroad exceeded 122 billion dirhams in 2025 and are projected to approach 128 billion dirhams in 2026, representing close to 8.5 percent of GDP and one of the country’s primary sources of foreign exchange. Yet this formidable financial flow conceals a persistent structural limitation: the vast majority of diaspora funds continue to […]
Charikaty, a Moroccan legaltech platform specializing in digitalizing company formation and legal services, has launched a dedicated remote offering aimed at Moroccans living abroad, allowing members of the diaspora to create and manage a company in Morocco entirely online and without ever setting foot in the country. The move addresses a longstanding obstacle for diaspora […]
Morocco aims to make the kingdom a “natural destination” for investment by its diaspora, head of the government Aziz Akhannouch said, as the country seeks to channel remittances into productive projects to support economic growth. Speaking at the opening of a national forum on investment and Moroccans living abroad, Akhannouch said the country wants to […]
Morocco’s Ministry of Endowments and Islamic Affairs has allocated 105 million dirhams ($11 million) to support 18 associations managing Islamic centers in Europe and Canada, strengthening religious guidance for Moroccan diaspora communities. Minister Ahmed Toufiq announced the funding Monday while addressing the House of Representatives regarding support for Islamic centers serving Moroccans residing abroad and […]
Bank of Africa has unveiled a comprehensive summer 2025 campaign targeting Moroccans living abroad, offering premium services, exclusive promotions, and investment support throughout their journey and stay in Morocco. The initiative represents a significant outreach effort to Morocco’s global citizens, combining financial services with cultural engagement. Headline offerings include a major lottery featuring 100 airline […]
Algeria under the new duo Tebboune-Chengriha hatched a plot to use its diaspora to blackmail and pressure France, according to an intelligence report cited by French media. The near 2.6 Algerians in France have been targeted with an Algerian propaganda plot which helped recruit influencers and members of the diaspora posing a serious destabilization risk […]
Remittances to Africa and the Middle East, which play a pivotal role in many regional economies, significantly contributing to their GDP, are estimated to have increased 5.4% in 2024, primarily due to rebounded flows to Egypt, after a 14.6% decline in 2023. In 2024, remittance flows to low- and middle-income countries are expected to reach […]
The National Commission for the Counting of Votes has officially announced on November 21 the results, confirming a landslide victory for Ousmane Sonko’s Pastef party. Pastef secured 130 out of 165 parliamentary seats, far exceeding the 3/5 qualified majority it aimed for, now controlling 78% of the legislature. This historic win includes victories in 40 […]
Global remittances from African diaspora to their home continent are set to exceed $100bn a year amid demographic trends in Europe such as an aging population and a low birth rate that are creating a need for continued migration. Remittances to low- and middle-income countries (LMICs) grew an estimated 3.8% last year, a moderation from […]
The development of Moroccan-German cooperation was the focus of a seminar held in Berlin on Friday by the German-Moroccan Skills Network “DMK”. The meeting, placed under the theme “Strategic dialogue to promote development cooperation”, was held as part of the commemoration of the 60th anniversary of the signing of the cooperation agreement between Morocco and […]