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Keywords: Finance
In the heart of Morocco's vibrant city of Marrakech, the stage is set for GITEX Africa 2024, an unparalleled gathering of technological brilliance and visionary minds. From May 29 to 31, this grand event will serve as a catalyst for Africa's digital transformation, drawing 50,000 attendees to......
In the latest wealth rankings by the esteemed American finance publication Forbes, two prominent Moroccan business magnates have solidified their positions among the richest individuals in the Middle East. Aziz Akhannouch, the current head of government in Morocco, and Othman Benjelloun, the venerable......
Morocco's fiscal situation has undergone a remarkable turnaround, showcasing substantial improvement as the budget deficit shrinks to a mere MAD 1.18 billion (approximately $113 million) by the end of April 2024. This figure marks a significant decline from the MAD 10.58 billion deficit recorded......
SDX Energy, a London-based energy firm, has taken a significant step towards strengthening its presence in Morocco with the receipt of a substantial cash infusion from the sale of its Egyptian assets. An initial $3.5 million from the sale of its West Gharib assets in Egypt has provided a financial boost,......
Morocco's telecommunications industry is undergoing a significant transformation as the nation's mobile market experiences remarkable growth. By the end of 2023, mobile connections had soared to 55.9 million, according to a report from the Ministry of Economy and Finance. This represents a 5.6%......
In a testament to Morocco's dedication to advancing international development, Minister of Economy and Finance, Nadia Fettah Alaoui, is representing His Majesty King Mohammed VI at the 21st Summit of the International Development Association (IDA 21) in Nairobi, Kenya. The summit, jointly organized......
In the dynamic landscape of Nigerian television, a groundbreaking series has emerged, captivating audiences with its bold exploration of financial empowerment. "Smart Money Woman," the Netflix adaptation of Arese Ugwu's bestselling novel, is more than mere entertainment; it's a clarion......
Bitcoin reached new highs in March 2024, surpassing $72,000. While this performance is excellent news for cryptocurrency investors, it also raises questions about the tax obligations associated with these digital assets. With the recent evolution of legislation governing the management of crypto-assets,......
In a significant stride towards enhancing its energy landscape, Morocco has introduced an ambitious program aimed at strengthening its Liquefied Natural Gas (LNG) infrastructure. The Sustainable Gas Infrastructure Development Program, delineated in a Memorandum of Understanding (MoU) signed by five governmental......