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Climate Chaos: Threatening Morocco's Financial Stability

A groundbreaking report jointly conducted by the World Bank and Morocco's Bank Al-Maghrib has sounded a stark warning about the vulnerable state of the nation's banking sector amidst the escalating risks of climate change. This pioneering analysis for the African continent sheds light on the......

Morocco's Economy Anticipated to Expand by 3.1% in 2024 Despite Inflationary Pressures

Morocco is poised for robust economic growth, with projections by the International Monetary Fund (IMF) forecasting a 3.1% expansion in 2024. This positive outlook persists despite the country grappling with inflationary challenges. The IMF's latest forecast, unveiled during the spring meetings......

CIH Bank, Mastercard, and FRMJE Collaborate to Boost Gaming Ecosystem in Morocco

CIH Bank, Mastercard, and the Royal Moroccan Federation of Electronic Games (FRMJE) have announced a strategic collaboration to establish a Gaming ecosystem in Morocco. The aim of this collaboration is to support the gaming community in Morocco by developing a comprehensive strategy to launch various......

CTM Acquires Majority Stake from Bank Of Africa in AML

The Compagnie de Transports au Maroc (CTM) has announced the acquisition of the majority stake of Bank Of Africa in the maritime transportation company Africa Morocco Link (AML). The effective completion of the operation is subject to obtaining approvals from the competent authorities. The transaction......

Attijariwafa Bank Spearheads Africa Development at FIAD24 Forum

With a resolute commitment to fostering economic growth and investment opportunities across Africa, Attijariwafa Bank is set to host the 2024 edition of the International Africa Development Forum (FIAD24) in Casablanca on June 27th and 28th, under the theme "Here, we invest." Expected to draw......

Addressing the Water Crisis in Morocco: AfDB's Urgent Alarm and Sustainable Solutions

In a stern warning, the African Development Bank (AfDB) has reiterated grave concerns over the escalating water scarcity crisis in Morocco, exacerbated by the adverse effects of climate change. The bank's latest report paints a grim picture, highlighting the far-reaching implications of this crisis......

Empowering Africa's Unsung Agricultural Female Farmers : OCP Africa's Bold Initiative

In the vast expanse of Africa's fertile lands, a silent force labors ceaselessly to sustain communities and nourish nations. These unsung heroines are the female farmers, whose weathered hands and indomitable spirits serve as the backbone of the region's agricultural sector. However, their invaluable......

Study Warns of Rising Food Costs Amid Climate Crisis

A recent study published by scientific publishing "Springer Nature" delivers a sobering message, signaling an imminent surge in food prices fueled by the escalating global warming crisis. Conducted by a team of experts, the research paints a grim future, particularly for nations in the southern......

CIH Bank Teams Up with Google to Introduce Google Pay in Morocco

In a groundbreaking move that solidifies its position at the forefront of digital banking, Morocco's CIH Bank has forged an innovative partnership with Google. This strategic alliance paves the way for the highly anticipated launch of Google Pay, a cutting-edge contactless payment solution, in the......