Hassan II of Morocco Hassan dissolved Parliament and ruled directly, although he did not abolish the mechanisms of parliamentary democracy. When elections were eventually held, they were mostly rigged in favour of loyal parties. This caused severe discontent among the opposition, and protest demonstrations and riots challenged the King's rule. A US report observed that "Hassan appears obsessed with the preservation of his power rather than with its application toward the resolution of Morocco's multiplying domestic problems." In the early 1970s, King Hassan survived two assassination attempts. The first, in 1971, was a coup d'état attempt allegedly supported by Libya, organized by General Mohamed
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