Moroccan firm S2M sells stake in Tunisian subsidiary African Card Company (A2C)
On November 14, 2024, Société Maghrébine de Monétique (S2M), a Moroccan company listed on the Casablanca Stock Exchange, completed the sale of its shares in African Card Company (A2C) SARL. This strategic divestment highlights...
BIM expands in Morocco with the inauguration of a new logistics hub in Marrakech
On Thursday, November 21, BIM celebrated the launch of its fourth logistics platform in Morocco with an inauguration ceremony in Marrakech. The event was attended by Ryad Mezzour, Minister of Trade and Industry, and...
MP Industry Group opens landmark automotive plastics factory in Tangier
In a significant stride for Morocco's industrial ambitions, MP Industry Group—a subsidiary of the Romanian MEN Industry Group—has officially inaugurated its first factory on the Tanger Med industrial platform. This milestone marks the group's...
Royal Air Maroc and GOL Airlines join forces with new codeshare agreement
Royal Air Maroc (RAM) and GOL Linhas Aéreas, Brazil’s largest airline, have signed a landmark codeshare agreement to enhance travel connections between São Paulo and Casablanca (CMN), opening new horizons for their customers. This...
CMGP Group launches IPO to fund expansion across Africa
CMGP Group, a leading player in irrigation, agricultural supply, solar energy solutions, and water infrastructure, has announced its upcoming public listing on the Casablanca Stock Exchange. Approved by Morocco's Capital Market Authority (AMMC), this...
New Balance opens its second store in Casablanca, expanding presence in Morocco
New Balance has announced the opening of its second store in Casablanca, located on Boulevard Al Massira Al Khadra, marking the brand’s third store in Morocco. This launch follows the recent opening of a...
Sanlam Maroc and CIH Bank forge partnership with Lana Cash for financial inclusion
Sanlam Maroc and CIH Bank have announced a strategic partnership between the Amicale des Agents Sanlam and Lana Cash, a payment institution, aiming to revolutionize access to financial services across Morocco. This collaboration, detailed in...
From remote surgery to e-commerce: Morocco’s connectivity renaissance
In an interconnected world, telecommunications infrastructure has evolved far beyond its traditional technical role. It now lies at the heart of economic, social, and technological transformation strategies. In Morocco, connectivity has become a key...
Bank of Africa reinvents customer experience with new private client division
Bank of Africa has reaffirmed its dedication to building lasting client relationships by unveiling its newly revamped Private Client Division during an exclusive event. This initiative reflects the bank’s commitment to enhancing its services...
BCP Group confirms financial strength as of september 2024
The Banque Centrale Populaire (BCP) Group has once again proven its resilience, revealing strong financial results for the first nine months of 2024. During a meeting of its Board of Directors, chaired by Naziha...