Ilham Zainane, Director of Studies and International Relations at Morocco's central bank, Bank Al-Maghrib, participated as a speaker at the Africa Banking Forum held in Abidjan, Côte d'Ivoire. The forum, a key event for African financial sector leaders, focused on digital transformation and financial inclusion across the continent.
During a panel discussion, Zainane presented Morocco's strategic experience in developing its central bank digital currency (CBDC). She detailed the ongoing 'Project Aber' pilot, a collaborative initiative with regional central banks to explore a common digital currency for cross-border settlements. Zainane emphasized that the project is in an experimental phase, with Bank Al-Maghrib proceeding cautiously to assess implications for monetary policy and financial stability.
Her presentation also covered Morocco's broader efforts to enhance financial inclusion through digitalization, aligning with the forum's theme of leveraging technology for economic development. The insights shared by Zainane contributed to regional dialogues on harmonizing regulatory approaches and building resilient digital payment infrastructures in Africa.