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Keywords: Economic


Mastercard's vision: Africa’s digital payments could reach $1.5 trillion by 2030

Africa's digital payments landscape is poised for remarkable growth, with projections indicating a surge to $1.5 trillion by 2030, as highlighted in a recent report commissioned by Mastercard and released by Genesis Analytics. Mastercard is spearheading initiatives aimed at enhancing digital adoption......

The controversy surrounding 'Kill the Boer' and its political impact

Elon Musk has once again entered South Africa’s political debate, claiming that a major political party in the country is actively promoting "white genocide." His statement followed a video of Julius Malema, leader of the Economic Freedom Fighters (EFF), singing the anti-apartheid song......

Abdelkader Amara appointed as Morocco's new CESE president

His Majesty King Mohammed VI has named Abdelkader Amara as the new president of the Economic, Social and Environmental Council (CESE), marking a significant appointment for this vital advisory institution. Amara, 63, is a seasoned politician with a wealth of ministerial experience, having held various......

Morocco maintains Ba1 credit rating amidst economic challenges

Morocco’s credit rating remains stable at Ba1, as confirmed by Moody’s during its latest review. This rating reflects a complex landscape of strengths and vulnerabilities, highlighting effective governance and a robust domestic financing structure, contrasted with low income levels and risks......

Akhannouch tightens budgetary controls to curb unnecessary spending

In response to pressing economic challenges and significant ongoing reforms, Morocco's Prime Minister, Aziz Akhannouch, has issued a stern directive to his team, mandating stricter budget management. The primary goal is to limit operational expenditures while optimizing investments. Budgetary discipline......

Algeria's banana crisis: military regime obscures its failures

The Algerian regime has once again demonstrated its arbitrary policies by targeting banana importers to mask the true reasons behind the soaring prices of this fruit in the national market. Rather than taking responsibility for its own mistakes, the current power prefers to penalize merchants, depriving......

Al Haouz earthquake recovery: Government updates on reconstruction efforts

The reconstruction efforts following the Al Haouz earthquake have made significant strides, with over 33,600 families having completed the reconstruction of their homes. Currently, 52,669 residences remain under construction. The government highlights notable advancements across various sectors, including......

Morocco's digital transformation: Blockchain and AI as catalysts for economic growth

Morocco is making significant strides in establishing a vibrant digital economy through its ambitious Digital Morocco 2030 strategy. This initiative aims to modernize the nation’s economy by leveraging blockchain technology and artificial intelligence (AI), addressing longstanding challenges that......

IMF approves $496 million for Morocco's economic resilience

The International Monetary Fund (IMF) has announced the approval of a $496 million disbursement to Morocco under the Resilience and Sustainability Facility arrangement. This marks the third tranche of funding, bringing the total disbursed to approximately $1.24 billion. The announcement highlights Morocco's......

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