Finance & Business

OCP secures €200 million EBRD loan to drive sustainable water solutions in Morocco

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The European Bank for Reconstruction and Development (EBRD) has granted a €200 million loan to Morocco’s OCP Group, a global leader in phosphates and...

BCP’s Upline Investment unwinds aging assets ahead of new fund launch

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In the countdown to its latest investment vehicle launch, Upline Investment, the private equity arm of Morocco's Banque Centrale Populaire (BCP), is fast-tracking the...

CDC-Africa applauds Morocco’s landmark in local Mpox test production

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The Africa Centres for Disease Control and Prevention (CDC-Africa) has hailed a groundbreaking achievement in the continent’s health landscape: Morocco’s first locally produced PCR...
Morocco’s financial system stays strong despite global uncertainty

Corporate investors: The driving force behind ‘OPCVM’ success

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In the intricate landscape of Morocco’s financial market, collective investment schemes, known as OPCVM (Organismes de Placement Collectif en Valeurs Mobilières), continue to be...

CFG Bank posts robust 36% revenue growth by september 2024

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CFG Bank reported consolidated net banking income (NBI) of 678 million dirhams (MDH) at the end of September 2024, marking a solid 36% increase...

Bank of Africa UK secures $300M from Indian banks to fund African infrastructure

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Bank of Africa UK, acting as the sole lead arranger and bookrunner, has successfully raised $300 million from a consortium of seven leading Indian...

QatarEnergy and OCP Nutricrops team up for global food security

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Amid growing global food security challenges, QatarEnergy and OCP Nutricrops, the plant nutrition subsidiary of Morocco’s OCP Group, have signed a strategic sulfur supply...

Barid Cash and AXA agents partner to expand financial services across Morocco

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In a significant step toward enhancing financial accessibility in Morocco, Barid Cash has partnered with the Association of AXA Assurance Maroc General Agents (AGIR)...

TAQA Morocco: Operational resilience and strategic investment focus

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TAQA Morocco has reported robust operational performance for the first nine months of 2024, withstanding a dip in coal prices and scheduled maintenance adjustments....

Groupe Premium’s sale in jeopardy as UNATRAC terminates agreement

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On July 18, 2024, SRM announced that UNATRAC Holding Limited (UHL) had decided to withdraw from its acquisition agreement for a 51% controlling stake...

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