Casablanca Finance City to lead global financial alliance in 2025
Starting January 1, 2025, Casablanca Finance City (CFC) will take on the presidency of the World Alliance of International Financial Centers (WAIFC), succeeding Japan’s FinCity.Tokyo. This election, announced at WAIFC’s General Assembly in Japan...
Holding Al Omrane projects profit boost to 254 million dirhams in 2025
Morocco’s state-owned real estate giant, Holding Al Omrane (HAO), is on track for a strong performance in the coming years, with projected net earnings of 254 million dirhams in 2025, growing to 318 million...
CDG Group sets ambitious $4.9 billion investment for 2025 with ‘CAP 2030’ vision
Morocco’s Caisse de Dépôt et de Gestion (CDG) is setting an impressive investment goal of nearly 4.9 billion dirhams ($475 million USD) for 2025 as part of its ambitious CAP 2030 strategy, designed to...
Morocco’s 1st gigafactory breaks ground in Kénitra: A milestone for electric mobility
Morocco has officially commenced construction on its first electric vehicle battery Gigafactory in Kénitra, positioning itself as a significant player in Africa’s green mobility sector. Located within the Atlantic Free Zone, this groundbreaking factory...
Maroc Telecom achieves steady revenue with 80 million subscribers in 2024
Maroc Telecom reached a remarkable 79.7 million clients by the end of September 2024, showing a 6.1% increase over the previous year. This growth was driven by strong gains in Morocco’s mobile postpaid sector...
Moroccan insurance sector grows by 5.1% in first half of 2024
The Moroccan insurance and reinsurance market has recorded significant growth, with total premiums exceeding 32.62 billion dirhams (MMDH) in the first half of 2024. This represents a 5.1% increase compared to the same period...
Resilience and growth: Key insights into the Moroccan banking landscape
According to 2023 data from Bank Al-Maghrib, financial inclusion in Morocco has made significant progress. The Financial Inclusion Index (FII) saw a remarkable increase, surpassing the regional average. One of the driving forces behind...
ANRT projects strong growth with 820 MDH revenue by 2027
The revenue of the National Telecommunications Regulatory Agency (ANRT) is expected to reach 753.5 million dirhams (MDH) in 2025, according to the report on public institutions and enterprises (EEP) accompanying the draft finance bill...
IFC Invests $37 million to boost Morocco’s logistics hub ambitions
The International Finance Corporation (IFC), the World Bank's main development arm focused on the private sector, has signed a major investment agreement with Building Logistics Services (BLS), a private Moroccan logistics operator. The deal,...
Autoroutes du Maroc unveils $7.74 billion investment plan for 2025-2027
Autoroutes du Maroc (ADM), the Moroccan national motorways Company, is set to roll out an ambitious investment plan totaling 7.74 billion dirhams (MMDH) over the 2025-2027 period, according to a report on public institutions...