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Elalamy's Bold Move: Acquisition of Societe Generale's Sub-Saharan Presence

In a daring maneuver set to potentially reshape the banking landscape across Africa, Moulay Hafid Elalamy, former Minister of Commerce and Industry and current CEO of the Saham Group, is poised for an ambitious acquisition. Rumors abound that Elalamy is nearing the acquisition of a controlling stake,......

Morocco Leads in Economic Freedom: A Success Story from North Africa

Morocco stands as a beacon of economic freedom in North Africa, as confirmed by the 2024 Index of Economic Freedom published by the Heritage Foundation. This esteemed report, now in its 30th edition, thoroughly assesses the economic freedom of 184 countries worldwide across four key domains: rule of......

Bank of Africa and Royal Air Maroc Introduce New Era of Travel Rewards

Bank of Africa (BOA) and Royal Air Maroc (RAM) have made a significant stride in reshaping the banking and travel landscapes with the launch of the innovative "Pay & Fly" rewards program. This groundbreaking initiative, unveiled this week, introduces three new co-branded Visa cards - Opale,......

Escalating Cyber Threats Grip Middle East and Africa

The cybersecurity landscape in the Middle East and Africa is undergoing a rapid and alarming transformation, with criminal hackers deploying increasingly sophisticated tools and tactics. A recent report by cybersecurity firm Group IB sheds light on this concerning trend. Morocco: A Case Study in Cybersecurity......

OCP Africa's Innovative Approach to Tackling Food Insecurity on the Continent

In the global endeavor to combat hunger and ensure food security, OCP Group emerges as a beacon of hope, particularly for the African continent. Through its dedicated subsidiary, OCP Africa, this leading player in the global fertilizer industry has formulated a comprehensive strategy to address the challenges......

Morocco Continues Its Rise as a Leading Soft Power in Africa

Morocco has solidified its position as a prominent voice on the African continent, as evidenced by its performance in the latest Global Soft Power Index. According to the index, which evaluates 193 UN member states across eight key pillars of soft power such as governance, business, culture, education,......

Challenges Persist for Morocco's Economic Growth Amidst High Inflation and Unemployment

Morocco's economic outlook remains moderate, but the nation grapples with persistent challenges of inflation and unemployment, hindering its socioeconomic progress, as noted by analysts. According to the Africa Development Bank, GDP growth is expected to increase from an estimated 3% this year to......

Morocco Emerges as Leading Democracy in Region Amidst Regional Challenges

Amidst ongoing conflicts and democratic setbacks across the broader Middle East and North Africa region, Morocco shines as a beacon of relative stability and gradual liberalization, as revealed in the latest annual Democracy Index report. According to the 2023 index released by the Economist Intelligence......

Strengthening Infrastructure Collaboration: UK Experts Visit Morocco to Forge Partnerships for Mega-Projects

Major infrastructure projects demand meticulous planning and seamless coordination among stakeholders. Signaling a deepening bilateral collaboration in ambitious development endeavors, a delegation from the UK's Infrastructure and Projects Authority (IPA) has embarked on a visit to Morocco this week. Under......