Internet satellite: 550 million Africans set to connect with French-Moroccan partnership
In a groundbreaking development catalyzed by French President Emmanuel Macron’s state visit to Morocco, Moroccan telecom operator Panafsat and aerospace giant Thales Alenia Space sealed a strategic agreement on October 29. The initiative? To...
ONCF chooses Alstom for 12 high-speed trains to link Kénitra and Marrakech
Morocco’s ambitious high-speed rail plans just took a major step forward as the national railway operator, ONCF, signed an agreement with French manufacturer Alstom on October 28 to supply cutting-edge trainsets for the future...
OCP and ENGIE partner to power Morocco’s green energy revolution
On October 28, 2024, in Rabat, a transformative partnership was signed between OCP Group and French energy giant ENGIE, marking a significant leap forward for Morocco’s green energy ambitions. The high-profile agreement, endorsed by...
“Google Pay” lands in Morocco: Bank Of Africa clients can now pay with a...
Bank of Africa (BOA) has just rolled out an exciting new service in Morocco: Google Pay. Starting today, BOA customers can seamlessly make contactless payments by linking their credit or debit cards to Google...
Sound Energy and Getech join forces to unlock Morocco’s hydrogen potential
On October 28, Sound Energy and Getech Group Plc announced a new partnership focused on uncovering Morocco’s natural reserves of hydrogen and helium. This collaboration will begin with an extensive regional study, aligning with...
Moroccan banks’ liquidity requirements surge to MAD 131 billion in Q3 2024
The average weekly liquidity needs of Moroccan banks reached a high of MAD 131.4 billion during the third quarter of 2024, a notable increase from MAD 113.8 billion in the previous quarter, as reported...
Orange Maroc and Chari.ma join forces to boost digital inclusion for small retailers
In a major step toward advancing Morocco’s digital economy, Orange Maroc, a key player in telecommunications, and Chari.ma, a digital platform designed for local merchants, have announced a strategic partnership aimed at fast-tracking digital...
Supéco to open 11 new stores in Casablanca, expanding Carrefour’s discount
Carrefour's discount chain, Supéco, is accelerating its growth in Morocco with the inauguration of 11 new stores in Casablanca on Tuesday, October 29, 2024. This ambitious expansion aims to boost the brand's presence in...
Over 54,000 new businesses launched in Morocco in first 7 months of 2024
The number of newly registered businesses in Morocco reached 54,643 in the first seven months of 2024, according to data from the Moroccan Office of Industrial and Commercial Property (OMPIC). These businesses are divided between...
Attijari Global Research reports balanced money market and steady bond demand
Here are the key insights from Attijari Global Research’s "Weekly Hebdo Taux - Fixed Income" report (Oct 18-24): Money market overview: Stable market conditions: The Moroccan money market remained balanced throughout the week.
Slight rise...