CDG invests 2 billion dirhams in Phosboucraa’s bold expansion plan
Phosboucraa has secured a major financial boost with a 2 billion dirham loan from Morocco’s Caisse de Dépôt et de Gestion, marking a new...
Yacine Faqir to lead Revolut’s moroccan debut
Revolut is preparing to break into the Moroccan market, naming Yacine Faqir as the head of its upcoming local branch. The former Mastercard executive...
Saham Bank and IFC partner to back $500M in sustainable corporate loans
Saham Bank has signed a strategic agreement with the International Finance Corporation (IFC), the financial arm of the World Bank Group, to guarantee up...
Samskip launches fast, green shipping route between Agadir and Northern Europe
Starting November 13, a new weekly maritime service will link the port of Agadir with Northern Europe, in a move aimed at streamlining Moroccan...
Novo Nordisk launches Semaglutide in Morocco to fight type 2 diabetes
On November 1st in Marrakech, Danish pharmaceutical company Novo Nordisk officially introduced its type 2 diabetes treatment, semaglutide, to the Moroccan market. The launch...
Competition Council grants reprieve to payment network operator ‘CMI’
The Interbank Electronic Payment Center will now have a few extra months to complete its exit from the merchant acquiring market. Originally scheduled for...
Cash Plus launches $75M IPO to fuel expansion and reach new investors
Moroccan fintech company Cash Plus is taking a major leap by launching its initial public offering (IPO) on the Casablanca Stock Exchange, signaling a...
CMI : Japan’s JCB cards now accepted nationally in Morocco amid digital growth
Japan’s leading payment brand JCB is expanding its reach in Morocco, as the country’s Interbank Electronic Banking Center (CMI) now allows a wider acceptance...
Austria’s Hirschmann Automotive bets on Morocco with €16M investment in Oujda
A major milestone was reached this week in Morocco’s Eastern Region as the Oujda Technopole Industrial Acceleration Zone welcomed a new global player. Hirschmann...
Renault to add 7,500 jobs in Morocco in shift toward EV production
The partnership between Morocco and Renault has entered a new phase, signaling a deeper industrial alliance focused on innovation and the shift toward cleaner...