Morocco’s 1st gigafactory breaks ground in Kénitra: A milestone for electric mobility

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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...
Moov Africa drives subscriber growth as Maroc Telecom tops 80 million users

Maroc Telecom achieves steady revenue with 80 million subscribers in 2024

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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...
Moroccan banks overtake brokers in insurance sales for the first time

Moroccan insurance sector grows by 5.1% in first half of 2024

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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....
Inside the disciplinary system that keeps Moroccan banks in check

Resilience and growth: Key insights into the Moroccan banking landscape

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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,...

ANRT projects strong growth with 820 MDH revenue by 2027

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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...

IFC Invests $37 million to boost Morocco’s logistics hub ambitions

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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...
Morocco accelerates road and highway expansion with major infrastructure push

Autoroutes du Maroc unveils $7.74 billion investment plan for 2025-2027

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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...
OCP mining arm partners with EDF and UM6P to power green hydrogen push

OCP Group unveils 139 billion dirham investment plan for 2025-2027

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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...
Royal Air Maroc to lease 13 Boeing 737-8 jets from DAE for 2027

Royal Air Maroc targets 7.5 million passengers in 2024 with strategic growth plan

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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...

BMCE Capital Gestion earns ISAE 3402 type II certification for internal control system

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BMCE Capital Gestion has successfully obtained the ISAE 3402 Type II certification for its internal control system, as part of its annual renewal process....

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