OCP Group unveils 139 billion dirham investment plan for 2025-2027
The OCP Group, Morocco's phosphate giant, has announced a bold investment plan exceeding 139 billion dirhams (MMDH) for the 2025-2027 period. This plan, outlined in the report on public establishments and enterprises (EEP) accompanying...
Royal Air Maroc targets 7.5 million passengers in 2024 with strategic growth plan
Royal Air Maroc (RAM), Morocco's national airline, is poised to close 2024 with 7.5 million passengers, according to the latest public sector report accompanying the 2024 finance bill. This forecast represents a 4.5% increase...
BMCE Capital Gestion earns ISAE 3402 type II certification for internal control system
BMCE Capital Gestion has successfully obtained the ISAE 3402 Type II certification for its internal control system, as part of its annual renewal process. This certification underscores the company’s commitment to maintaining robust and...
Dentons Morocco expands with new China division
On October 23, Dentons Morocco announced the launch of its new China division, marking a pivotal moment in its mission to assist businesses with their investment projects and commercial partnerships in Morocco and across...
Everything you need to know about Moroccan mutual funds (OPCVM)
Mutual funds, known as "Organismes de Placement Collectif en Valeurs Mobilières" (OPCVM), are a popular investment tool because they pool resources and offer diversification. By combining the capital of multiple investors, OPCVMs allow for...
RCI Finance Maroc successfully issues 400 million dirham bonds to bolster growth
RCI Finance Maroc has successfully completed a 400 million dirham bond issuance, offering two-year financing at a rate of 3.34%. This latest financial move increases the company's outstanding financing bonds (BSF) to over 1.7...
BANK OF AFRICA launches “Capacity Impact” program to drive sustainable growth
BANK OF AFRICA has officially launched its first regional capacity-building initiative, titled "Capacity Impact." This program is part of the Pan-African Chair for Sustainability and Impact Finance, established in collaboration with leading Moroccan academic...
DabaDoc and Orange Maroc partner to revolutionize healthcare access in Morocco
DabaDoc, a leading online medical appointment platform, and telecom operator Orange Maroc have announced a strategic partnership aimed at improving healthcare accessibility and advancing e-health services in Morocco. This collaboration marks a significant step...
Holmarcom Group launches strategic public offering of Crédit du Maroc shares
Holmarcom Group has officially announced the launch of a public offering of 11.3% of Crédit du Maroc's (CDM) capital and voting rights, following the approval from Morocco’s Capital Market Authority on October 18, 2024....
Managem expands into gas with major acquisition from Sound Energy
The Moroccan mining group Managem has taken a significant step forward in its energy expansion by finalizing a major agreement with UK-based Sound Energy PLC. The partnership, approved on October 21 by the Ministry...