Hassan II of Morocco Sultan to King in 1957. Hassan was proclaimed Crown Prince on 19 July 1957, and became King on 26 February 1961, after his father's death. Hassan's conservative rule, one characterized by a poor human rights record, strengthened the Alaouite dynasty. In Morocco's first constitution of 1963, Hassan II reaffirmed Morocco's choice of a multi-party political system, the only one in the Maghreb at that time. The constitution gave the King large powers he eventually used to strengthen his rule, which provoked strong political protest from the UNFP and the Istiqlal parties that formed the backbone of the opposition. In 1965,
Ascend Group launched Ascend Nano in April 2016. It includes a nanofinance and microcredit structure, designed to serve the entrepreneurial grassroots, SMEs and the underserved market. This will be in conjunction with Ascend's portfolio of e-commerce services, as an instant market and marketplace, and includes Nano Factoring to customize lending premium. Ascend Group launched Ascend Capital as a platform for venture capital, investing on tech start-ups that can complement existing ventures and services. Focused mainly on financial technology, e-commerce, CRM, cloud computing and logistics, it actively funds prospects such as SendIt (which is actually party of Ascend Group) to complement its delivery