Finance & Business

CMGP-CAS sets sights on Casablanca stock exchange to fund African expansion

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CMGP-CAS, a major player in agricultural irrigation and supply solutions, has announced plans to go public on the Casablanca Stock Exchange. The move underscores the Moroccan company’s ambitions to diversify its funding sources and...

AKDITAL opens state-of-the-art multidisciplinary clinic in Taroudant

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In a significant milestone for healthcare in Morocco, AKDITAL has inaugurated the International Clinic of Taroudant, a modern, multidisciplinary healthcare facility offering advanced medical and oncological services. With an investment of 266 million dirhams,...

Going green and local: Marjane Holding’s vision for sustainable retail in Morocco

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As urban growth transforms Morocco’s cities, Marjane Holding is seizing the opportunity to bring sustainable, neighborhood-focused shopping to new areas. Dominating over 12% of Morocco’s retail sector, Marjane is redefining proximity shopping with its...

AMMC-AMF alliance to drive Morocco-France financial innovation and market integrity

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On Tuesday in Rabat, the Moroccan Capital Market Authority (AMMC) and France’s Financial Markets Authority (AMF) formalized a cooperation agreement focused on mutual assistance in capital markets. The pact was signed by AMMC President...

Saham nears final approval in SGMB buyout

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After securing endorsements from key regulatory bodies—including the Competition Council, the ACAPS (Insurance and Social Welfare Control Authority), CNDP (Data Protection Authority), and AMMC (Capital Market Authority)—Bank Al-Maghrib is the last regulator to approve...

MGH Energy and Petrom partner for major green fuel project in Morocco’s Sahara

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In a significant step for Morocco’s green energy ambitions, French company MGH Energy and Morocco’s national energy distributor Petrom have announced a partnership to establish a renewable fuel production mega-project in Morocco’s Sahara region....

Bpifrance and Attijariwafa Bank fuel investment, innovation across borders

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Under the auspices of a high-profile business forum led by France's MEDEF and Morocco's CGEM, Bpifrance and Attijariwafa Bank are enhancing their strategic partnership, now in its second decade, to deepen cross-Mediterranean business connections....

Cathedis gains new momentum with BMCE Capital Investments

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BMCE Capital Investments, the private equity arm of BMCE Capital, announced on Wednesday a fresh investment in the Moroccan company Cathedis, made through its dedicated venture capital fund (FCV). This latest funding round, amounting...

Morocco & Veolia partner to build one of Africa’s largest seawater desalination plants

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In a major step toward sustainable water management, Morocco has entered into a strategic partnership with Veolia Environnement to construct a state-of-the-art seawater desalination plant in Rabat. This collaboration, formalized through an agreement signed...

AMMC approves Aluminium du Maroc’s bold move to Absorb Industube SA

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The Moroccan Capital Market Authority (AMMC) has officially approved the merger prospectus for the absorption of Industube SA by Aluminium du Maroc SA, under the reference VI/EM/033/2024. This move marks a significant milestone in...

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