4 Moroccan banks in Forbes’s list of Mena top banks
Morocco’s banking sector is making waves in the Middle East and North Africa (MENA) region, with four of its banks
Read more
Economy
Morocco attracting a record number of tourists
The first quarter of 2023 saw a record number of tourists arriving in Morocco, with the latest figures from the
Read more
Algerian startup is 5th most valuable in FORBES MENA list
The Algerian born startup, Yassir, is ranked as the 5th most valuable startup in the FORBES top 50 startups of
Read more
Tunisia’s President Rejects IMF Bailout Terms
Tunisia’s President, Kais Saied, has rejected the terms of a $1.9 billion IMF bailout package, stating that he will not
Read more
LG intends to process lithium in Morocco
LG Energy Solution (LGES), the South Korean battery manufacturer, has entered into a letter of intent with Chinese Yahua Industrial
Read more
Morocco gets a 2y $5 billions credit line from IMF
The International Monetary Fund’s (IMF) Executive Board has approved a two-year Flexible Credit Line (FCL) arrangement for Morocco. The arrangement
Read more
433 businesses created this January in Morocco
In the first month of 2023, 433 new companies were established in Morocco. The majority of these are incorporated by
Read more
Morocco’s inflation at 10% as food prices soar
The Central Bank of Morocco revealed that the consumer price index (CPI) rose by 1.7% on a month-on-month basis driven
Read more
The Half Billion Dollar Tunisian-born AI startup
German biotechnology company BioNTech SE announced on Tuesday that it will acquire Tunisian-born AI start-up InstaDeep for up to £562
Read more
Moroccan startup Chari raised $1M funding
Chari, a B2B e-commerce platform founded in 2014 and aimed at small grocery retailers in African French-speaking countries, has secured
Read more