Africa
Africa: ToumAI Secures $1M in Pre-Seed Funding to Revolutionize AI for Africa
Pioneering Africa’s AI Innovation As global superpowers like the United States and China compete for dominance in artificial intelligence (AI), Africa has largely ...
Morroco
Morocco’s Inflation Moderates as Government Unveils $62 Billion Budget
In September 2023, Morocco’s annual inflation rate saw a slight decline to 4.9% from the previous month’s 5%. This decrease can primarily be ...
Morroco
Morocco’s Naps forms digital payments partnership with Mastercard
Mastercard and NAPS, a leading Moroccan fintech company, have initiated a collaboration to develop innovative payment solutions for individuals and businesses. The partnership ...
Morroco
Maroc: la Banque mondiale a approuvé un prêt de 450 millions $ pour développer l’inclusion financière et numérique
Le gouvernement marocain a engagé en 2019, une stratégie nationale d’inclusion financière. Pour en réaliser les objectifs, l’exécutif travaille avec l’appui des partenaires ...
Morroco
Morocco: IMF Approves US$5bn Flexible Credit Line for Morocco
The International Monetary Fund (IMF) Executive Board has approved a two-year arrangement for Morocco under its Flexible Credit Line (FCL) in an amount ...
Morroco
Morocco Central Bank- Bank Al Maghrib’s (BAM) Raises Key Rate to 3% Starting March 23, 2023
Bank Al Maghrib’s (BAM) decision to raise the key interest rate to 3% (by 50 basis points) will take effect from March 23, ...
Morroco
Morocco Requests $5 Billion Credit Line from IMF
The International Monetary Fund (IMF) announced on March 6, 2023 that its executive board has received from Morocco a $5 billion credit line ...
Morroco
Morocco: Orange Fab Accelerator opens In Morocco
On February 22, Orange Morocco opened its first Orange Fab in Casablanca. It is a startup accelerator and the third part of Orange ...
Morroco
Morocco to launch platform to facilitate access to historical documents
The director of the Royal Archives, Bahija Simou, announced, on Tuesday, (February 21, 2023) the upcoming launch of an electronic portal aimed at ...
Morroco
Morocco’s e-Logistics Startup, Cathedis, Raises $735K in a Pre-Series A Round
Cathedis, a delivery and e-logistics startup based in Morocco, raised $735K in a pre-series A funding round. The round was divided into 5 ...
