Saham Finances ushers in a new era for Société Générale Maroc
Morocco’s banking sector has entered a historic phase as Saham Finances takes control of Société Générale Maroc. This landmark acquisition, positioning the bank under full Moroccan ownership, redefines its strategic priorities and market role,...
Afriquia SMDC lands historic deal with ONEE
Afriquia SMDC, the flagship subsidiary of Akwa Group and Morocco's leading fuel distributor, has secured a groundbreaking contract. On December 5, 2024, the company, led by Khalid Mouchtaki since April 2024, was awarded a...
Wafa Assurance and AXA compete to acquire Egypt’s Delta Insurance
Two global insurance heavyweights, Wafa Assurance and AXA Assurance, are locked in a fierce competition to acquire a controlling stake in Delta Insurance, a major Egyptian insurance provider. The announcement, made by the Cairo...
T-Man Holding launches new Alsa production line in Matheï Industrial Complex
The Matheï Industrial Complex, a cornerstone of Morocco’s agri-food industry, has taken a major leap forward with the inauguration of a new production line dedicated to the iconic Alsa brand. This milestone reinforces T-Man...
A fresh perspective on BCP’s 1,2 billion dirhams latest perpetual bond issuance
The Banque Centrale Populaire (BCP) has unveiled an audacious financial strategy, marked by the launch of a perpetual subordinated bond valued at 1.2 billion dirhams. This bold move, coupled with an annual update of...
Inwi wraps up the 7th edition of Business Meetings in Agadir
The 7th edition of the Inwi Business Meetings concluded in Agadir, capping a nationwide tour organized in partnership with the Digital Development Agency (ADD) and the Association of Information Systems Users in Morocco (AUSIM)....
RCI Finance Maroc calls bondholders to General Assembly
Bondholders of RCI Finance Maroc, a key player in Morocco's financial landscape, have been summoned to an Ordinary General Assembly on January 3, 2025, at 11 a.m. This meeting comes in the wake of...
Auto Hall drives ahead: Navigating challenges in Morocco’s automotive market
The Moroccan market for passenger cars and light commercial vehicles (VP/VUL) has shown a significant growth of 6.8% by the end of November 2024. This trend highlights the automotive industry's gradual adaptation to a...
Aradei Capital updates adjustable rates for two bond issues
Aradei Capital has announced an update to the adjustable rates applicable to two of its bond issuances, in line with regulatory requirements and the information notices approved by the Moroccan Capital Market Authority (AMMC).
Revised...
BMCI sparks innovation with the “Greentech Roadshow” tour across Morocco
In a bold commitment to innovation and sustainability, BMCI introduced the "Greentech Roadshow" last July, touring four major regions in Morocco. Partnering with Technopark, French Tech, and Kluster CFCIM, and supported by Arval and...