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Kaspersky expert warns of rising cyber risks for African businesses

Cyber risks escalate for African businesses amid skills shortage and rising threats As cybercrime becomes more sophisticated, African businesses are facing growing threats to their digital security. Tim de Groot, General Manager for Kaspersky in Northwest and Central Africa, warned during the Regional......

Household credit sees moderate rise as interest rates ease in Q2 2025

The volume of outstanding bank credit in Morocco reached 1,175.5 billion dirhams by the end of June 2025, reflecting an annual growth of 5.8%, according to the latest figures released by Bank Al-Maghrib (BAM). This increase includes a 4.4% rise in loans granted to non-financial agents and a significant......

Sidi Slimane aims to position itself on the regional Industrial map

Situated just around 60 kilometers from the rapidly expanding industrial hub of Kénitra, Sidi Slimane is setting its sights on becoming a key player in the regional economic landscape. The city is preparing to launch a comprehensive feasibility study, both technical and financial, with the aim......

AfDB and Bank of Africa Forge EUR 50 Million Deal to Boost African Trade

The African Development Bank (AfDB) and Morocco’s Bank of Africa (BOA) have signed a landmark EUR 50 million risk-sharing agreement in Rabat, aimed at enhancing private sector financing and fostering trade across the African continent. The deal was finalized on the sidelines of the Africa Investment......

OMTPME Strategic Plan 2024-2026 Approved, Aiming to Strengthen SME Development

The Board of Directors of the Moroccan Observatory for Very Small, Small, and Medium Enterprises (OMTPME) has given the green light to a comprehensive three-year strategic plan for 2024-2026 during its 7th meeting in Rabat. The primary objective is to fortify OMTPME's pivotal role in Morocco's......