Tuesday, September 2, 2025

Finance & Business

GITEX 2024: CDG Invest and ACAPS commit to boosting insurtech

CDG Invest, the investment arm of Groupe CDG, and the Insurance and Social Welfare Supervisory Authority (ACAPS) have signed a partnership agreement to invigorate...

Tamwilcom and ACAPS unite to drive insurtech innovation in Morocco

The National Company for Business Guarantee and Financing (Tamwilcom) and the Insurance and Social Welfare Supervisory Authority (ACAPS) signed a groundbreaking partnership agreement on...

Cartier Saada: Revenue increases by 3.5% in 2023-2024

Cartier Saada's revenue reached 253.4 million dirhams (MDH) for the 2023-2024 fiscal year, marking a 3.5% increase compared to the previous fiscal year. As of...
Sothema acquires Soludia Maghreb in $100M deal to expand dialysis capabilities

Sothema sells its shares in Azerys for 35 million dirhams

The Moroccan Therapeutic Company, Sothema, has announced the signing of a contract to sell its entire 51% stake in its subsidiary Azerys for 35...

CTM raises funds to acquire 51% of Africa Morocco Link

The Moroccan Transport Company (CTM) has successfully completed a private bond placement, raising a total of 300 million dirhams from qualified investors. This strategic...

Italian group NUTI IVO to establish modern tannery in Morocco

On Tuesday, May 28, 2024, in Rabat, a Memorandum of Understanding was signed with the Italian tannery group NUTI IVO for the creation of...

RTX’s Pratt & Whitney Canada starts the construction of its new facility in Casablanca

 Pratt & Whitney Canada, an RTX (NYSE: RTX) business, hosted the ceremonial inauguration of the company’s new manufacturing facility – Pratt & Whitney Maroc...

Moroccan HPS acquires Ireland’s CR2 to strengthen global payment solutions

HPS (Hightech Payment Systems), a leading Moroccan company in payment solutions, is furthering its international expansion with the acquisition of CR2 Limited, a world-renowned...

Morocco’s bold move towards E-Fuels: Minister Benali calls for agile ecosystem

Leila Benali, Morocco’s Minister of Energy Transition and Sustainable Development, has made a strong case for the establishment of an integrated and agile ecosystem...
Bank of Africa breaks 10 billion dirham barrier in H1 2025

Bank of Africa : Leading the future of banking technology

Bank of Africa's prominent participation in the second edition of GITEX Africa from May 29 to 31, 2024, in Marrakech highlights the bank's commitment...

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