Keywords: Financial inclusion
A new United Nations report has highlighted persistent barriers preventing women in Morocco and across the Arab region from fully participating in the financial system, warning that limited access to banking and digital services continues to restrain economic growth. In its study titled Unlocking women’s......
The African Development Bank (AfDB), through its African Digital Financial Inclusion Fund (ADFI), has granted a $510,000 donation to Bank Al-Maghrib (BAM) to support the expansion of digital payments in Morocco. The funding is aimed at promoting broader adoption of electronic payments, enhancing financial......
Rabat – Bank Al-Maghrib (BAM) is intensifying its efforts to accelerate the transition toward digital payments, as part of a broader strategy to reduce Morocco’s reliance on cash and modernize the national financial ecosystem. According to the central bank’s latest assessments,......
Dakhla – Sahara Cash, a key actor in proximity-based financial services in Morocco, has been recognized within the Performers – Taamine Iktissadi 2025 program, an initiative led by Wafa Assurance and deployed across the Wafacash network. This distinction positions Sahara Cash......
Al Barid Bank has unveiled its new Visa Business card, a strategic initiative aimed at supporting Morocco’s professionals, entrepreneurs, and small business owners. This launch comes as the country’s digital economy accelerates, offering a robust financial tool tailored to the unique needs......
Morocco’s central bank, Bank Al-Maghrib (BAM), is spearheading the introduction of the e-Dirham, a Central Bank Digital Currency (CBDC) designed to accelerate the nation’s digital transformation. This initiative seeks to enhance financial inclusion, modernize payment systems, and establish......
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......
Despite Morocco’s strong digital infrastructure and widespread mobile phone use, more than half of the adult population remains excluded from the official financial system, according to the World Bank’s Findex Global Database 2025, released this Wednesday. The report reveals that only 44%......
Morocco has taken a bold step in promoting women’s economic empowerment through the launch of the WE Finance Code initiative. Spearheaded by Bank Al-Maghrib (BAM), the European Bank for Reconstruction and Development (EBRD), and the International Finance Corporation (IFC), the initiative aims to......
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