First Independent Mena Newspaper
Morocco’s central bank detailed in a recent report its efforts to reduce reliance on cash- which has been dominating the economy- and promoting mobile payments to boost financial inclusion. In its 2024 annual report on financial market infrastructure and payment systems, Bank Al-Maghrib outlined regulatory and operational measures aimed to address entrenched habits relying on […]
Morocco’s second largest telecom operator, Inwi, launched mobile payment services becoming the first in Morocco to offer such facilitation to its subscribers. Dubbed Inwi Money, the new service would help Morocco achieve its financial inclusion goals notably through reaching population in isolated areas. Inwi Money comes less than a year after the Central Bank gave […]