Western Union launched its first “concept store” in Morocco, in collaboration with Cash Plus. Located in the satellite city of Errahma, the store offers a unique, Western Union-branded experience to customers as they send and receive money internationally. The launch also makes it the first Western Union concept store to open in Africa. It marks a significant milestone in the Company’s ‘Evolve 2025’ strategy for the country and the continent. Morocco is a pivotal hub for remittances. In 2023, the country received approximately $12B in inflows, making it the third largest inbound market in Africa. These funds represent a vital source of income for many Moroccan families and are a critical component in the foundation of the country’s economy. Remittances contribute approximately 8% to Morocco’s GDP.
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