Business Features Finance Headlines

World Bank calls for further lowering of remittance costs to Sub-Saharan Africa

The World Bank and industry stakeholders have called for the lowering of the cost of sending remittances from the African diaspora to their home countries, as the money sent home is crucial in supporting household expenses in many developing countries. Sub-Saharan Africa remains the region most affected by the global crisis, but remittance inflows from […]

Headlines Morocco

Operation Marhaba 2022 Kicks off this Sunday, June 5

The 2022 edition of the Marhaba Operation to welcome Moroccans settled abroad who visit their home country for the summer holidays officially kicks off this Sunday June 5. The operation is launched, under the Presidency of King Mohammed VI, by the Mohammed V Foundation for Solidarity, which expects the numbers of diaspora visitors to be […]

Headlines Morocco

Moroccan diaspora breath sigh of relief at Royal instructions to make international travel cheaper

Members of the Moroccan community living abroad lauded the decision by King Mohammed VI to issue instructions for Moroccan travel operators to make travel tickets cheaper. The Moroccan diaspora is estimated at over 5 million people mostly living in Europe. Most of its members return during the summer holidays to visit the country and see […]

Europe Headlines International Maghreb Morocco

Morocco: King Urges Transportation Companies to Offer Affordable Prices to Diaspora

King Mohammed VI has urged all transportation companies and all other stakeholders in the field to facilitate the Moroccan diaspora’s return home for the summer holidays through offering affordable travel fees,   “Within the framework of the very high concern of His Majesty King Mohammed VI – May God assist Him – that has always […]

Asia Europe Headlines International Maghreb Morocco

Moroccan Diaspora, Jews of Moroccan origin support Morocco’s intervention in Guerguarat

After the global outpouring of solidarity and support to Morocco’s territorial integrity and action against the polisario mercenaries’ obstruction of the Guerguarat crossing point, the Moroccan diaspora in several countries as well as Jews of Moroccan origin have voiced their strong backing to Morocco’s sovereignty over the Sahara and its actions at Guerguarat to ensure […]

Africa Finance Headlines International

COVID-19: African diaspora’s remittances to drop in 2020

The coronavirus pandemic and its economic consequences in host countries will have a negative impact on migrants’ money transfers to Africa, which are expected to fall sharply in 2020, according to World Bank experts. The COVID-19 pandemic is a blow to the economy of the countries on the African Continent, the experts say. In 2019, […]

Africa Headlines International

Ghana Eyes $3 billion Investment by Diaspora

Ghana’s Finance Ministry is targeting to raise $3 billion in funding from its diaspora, through African Sankofa Account to fund economic development in the West African nation. The government will structure the investment vehicle to offer better rates to depositors, Finance Minister Ken Ofori-Atta said. He said the initiative was dictated by government’s quest to […]

Europe Headlines International Maghreb Morocco

Moroccans top recipients of EU citizenship in 2017

There were 67,848 Moroccans who have acquired EU citizenship in 2017, making them the first group followed by Indians and Albanians. France, Spain and Italy, traditional destination for the Moroccan diaspora, gave their citizenship to 83% of the new Moroccan-EU citizens. Separately, Spain said earlier this month that 25,372 Moroccans received the Spanish nationality in […]