Advertising

Keywords: Morocco


Revolut eyes Morocco for expansion amid fintech growth in North Africa

Europe’s largest digital bank, Revolut, is preparing to enter the Moroccan market, marking a significant step in its expansion across the Middle East and North Africa (MENA) region. The British fintech giant has appointed Amine Berrada, former operations director for Uber in Southern and Eastern......

Morocco Proposes International Fund to Boost Africa’s Food Security

At the United Nations Food Systems Summit (UNFSS+4) in Addis Ababa, Morocco presented a bold initiative to create an international fund aimed at strengthening food security across Africa. The proposed fund, unveiled by Ahmed El Bouari, Morocco’s Minister of Agriculture, is envisioned as a collaborative......

Moroccan banks reduce bad loans, boost coverage despite rising provisions

Morocco’s central bank, Bank Al Maghrib (BAM), revealed a 2.7% decrease in non-performing loans (NPLs) at Moroccan banks, bringing the total to MAD 97.4 billion ($10.86 billion) in 2024. This marked a slight improvement in the loss rate to 8.4%, down 0.1 percentage points from the previous year,......

Moroccan authorities intercept 4.3 tons of cannabis in international smuggling attempt

Security officials at the Tanger Med port successfully foiled an attempt to smuggle 4.3 tons of cannabis, hidden in a fruit shipment, aboard a Moroccan-registered freight truck destined for Europe. The joint operation, conducted by police and customs teams, uncovered the concealed drugs during a routine......

FIFA president praises Morocco’s revamped Prince Moulay Abdellah stadium during official tour

FIFA President Gianni Infantino toured the newly reconstructed Prince Moulay Abdellah Stadium in Rabat, accompanied by Royal Moroccan Football Federation (FRMF) President Fouzi Lekjaa. The visit highlighted Morocco’s ambitious efforts to modernize its football infrastructure and its growing role......

Morocco grants 5G licenses to telecom operators in major digital leap

The National Telecommunications Regulatory Agency (ANRT) has officially granted 5G licenses to Morocco’s three main telecom operators: Maroc Telecom, Inwi, and Orange. This decision marks a significant step in the country’s digital transformation. According to the ANRT's latest report,......

Microcredit sector in Morocco reaches 9.5 billion dirhams in outstanding loans

The microcredit sector in Morocco continues its upward trend, with total outstanding loans reaching 9.5 billion dirhams by the end of 2024, according to the latest report by Bank Al-Maghrib (BAM). This marks a 9.4% increase compared to the previous year’s growth of 4.2%. Over 98% of these loans......

Bouskoura council President suspended over urban planning violations

Bouskoura, July 26, 2025 – The governor of Nouaceur province has ordered the immediate suspension of Bouchaïb Taha, president of the Bouskoura municipal council and member of the Istiqlal Party (PI, majority), over serious breaches of legal and administrative regulations. The suspension, confirmed......

Royal Air Maroc strengthens fleet with new Boeing 737 MAX 8 additions

Royal Air Maroc (RAM) has expanded its fleet with the delivery of two Boeing 737 MAX 8 aircraft, marking a significant step in the airline's growth strategy. The new planes, received on Thursday, are part of the company’s broader plan to modernize its operations and prepare for major international......