🇲🇦MoroccoNorth Africa
Visa and Crédit Agricole du Maroc partner to accelerate digital payments and financial inclusion
via Le Matin2 min read
Visa and Crédit Agricole du Maroc have formed a partnership to advance digital payment and financial inclusion in Morocco. The agreement, signed by Mohammed Fikrat, Chairman of the Management Board of Crédit Agricole du Maroc, and Leila Serhan, SVP & Group Country Manager for North Africa, Levant, and Pakistan at Visa, aims to deploy a new payment architecture. This initiative seeks to democratize access to a secure, borderless digital economy and facilitate access to digital and electronic payment solutions, thereby strengthening Morocco's digital transformation. The collaboration combines Visa's global network and innovation with Crédit Agricole du Maroc's local presence, with a shared goal of making financial technology accessible to all Moroccans. The partnership will involve developing new electronic and digital payment solutions, including dematerialized payments and business solutions, and implementing initiatives to enhance customer autonomy and digitalization. Mohammed Fikrat stated that this partnership aligns with their strategy for modernization and operational excellence, offering customers a highly secure and value-added transactional infrastructure, and reinforcing their mission of financial and digital inclusion. Leila Serhan highlighted the strategic long-term nature of the partnership, noting the strong digital appetite among Moroccans, with 97% of consumers agreeing that new technologies simplify and accelerate daily commercial transactions. She added that
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This summary was AI-generated from a story originally published by Le Matin.
Nabil Amar, CEO of Cash Plus, will be featured on the program L'Info en Face on Wednesday, July 8, 2026. He will join host Rachid Hallaouy to discuss the question of financial innovation in Morocco and when its "momentum" will arrive. The show will delve into this topic, offering insights from Amar's perspective as a leader in the financial sector.
Karim Amor, from the 13th Region of the General Confederation of Moroccan Enterprises CGEM, emphasizes the importance of integrating Moroccan entrepreneurs living abroad into the country's economic strategy. The 13th Region, known as MeM by CGEM, acts as a bridge between Moroccan talents internationally and the national economic fabric, including CGEM member companies, other CGEM regions, AMDIE, CRIs, Tamwilcom, CCME, research institutions like UM6P, and public institutions. MeM by CGEM works closely with the Ministry of Foreign Affairs' MRE department, both centrally and through consulates worldwide, to organize meetings and initiatives for entrepreneurs. The organization's activities include networking, economic lobbying, mentorship, investment support, and fostering business synergies. Current priorities involve transforming the interest of Moroccans worldwide into concrete projects, guiding project leaders, mobilizing international expertise, strengthening women entrepreneurs through Ladies MeM, supporting startups, and connecting the diaspora to strategic sectors such as industry, innovation, AI, health, digital, renewable energies, and regional development. Amor identifies the main obstacle to increased investment from Moroccans residing abroad not as a lack of desire, but rather the complexity of the investment process. Challenges include identifying the right contacts, understanding available mechanisms, securing projects, finding partners, financing, and remote monit
Driss El Yazami, from the Council of the Moroccan Community Abroad CCME, states that Morocco needs to improve its mobilization of investment and skills from its diaspora. He notes that while remittances from Moroccans abroad reached 122 billion dirhams in 2025, their contribution to national productive investment remains below potential, accounting for less than 10% of national private investment. This suggests a persistent lack of clarity, trust, and suitable instruments, rather than disinterest. El Yazami highlights the evolving expectations of Moroccans worldwide, driven by demographic growth, increased feminization of migration, and the emergence of dual nationals. He emphasizes three key areas for the CCME's mission: addressing the challenge of transmitting Moroccan heritage to younger generations, facilitating integration into host societies, and maximizing the diaspora's contribution to Morocco's development through various means, including investment, entrepreneurship, research, and cultural initiatives. To boost investment, the CCME proposes two main solutions: implementing innovative financial instruments like diaspora bonds, which have proven successful in other countries, and significantly strengthening the connection between Moroccans abroad and Morocco's regions. A memorandum of understanding was signed in October 2023 between the CCME and the Association of Regions of Morocco ARM to enhance the diaspora's contribution to regional development. Regarding administ