GrowthGate Capital exits Retail Holding with strategic sale to leading consortium
Red Med Corporate Finance, a top-tier investment bank specializing in mergers and acquisitions, market operations, and strategic advisory services, played a pivotal role in advising GrowthGate Capital during the sale of its stake in...
MITC rebrands as MNF Ventures, reinforces commitment to tech startups
MITC Capital, a key player in Morocco's venture capital scene, has officially rebranded as MNF Ventures. This change marks a new chapter for the firm, known for its management of the Maroc Numeric Fund...
Patrimoine Gestion lowers stake in Mutandis SCA below 5% threshold
The company "Patrimoine Gestion et Placements" has reduced its stake in Mutandis SCA below the 5% threshold, as announced by the Moroccan Capital Market Authority (AMMC). In a statement, the AMMC reported that on October...
Moroccan firm Almav wins ‘Best Supply Chain Consultancy in Africa’
Almav, a leading Moroccan company in supply chain engineering, has been awarded the title of Best Supply Chain Consultancy in Africa at the prestigious Africa Supply Chain Awards, held over the weekend in Dakar....
AGENZ welcomes renew capital to boost real estate innovation in Morocco
AGENZ, a leading real estate platform in Morocco, has welcomed pan-African investment fund Renew Capital into its shareholder circle. With advanced data intelligence, AGENZ is revolutionizing the real estate market by providing precise pricing...
Allianz Maroc and M2T join forces to offer innovative payment solutions
Allianz Maroc, a leading player in the insurance market, has partnered with M2T, the payment institution of the BCP Group, operating in Morocco through its Chaabi Cash and Tasshilat networks. This strategic alliance is...
Valoris Equity Fund takes joint control of Epega SA in new investment deal
The Competition Council has been notified of a significant economic merger involving the joint takeover of Epega SA by Valoris Equity Fund. This investment fund will acquire an 18.89% stake in Epega’s share capital...
Amine El Moumni takes helm at Radisson Blu Casablanca
Amine El Moumni, a key figure in Moroccan hospitality, has been appointed General Manager of the Radisson Blu Hotel Casablanca City Center. Backed by a wealth of experience from high-end establishments such as the...
A new urban vision at the heart of Casablanca: Discover “Cœur d’Anfa”
Located along the Azemmour Road, in the prestigious Domaine d'Anfa, Cœur d'Anfa embodies a fresh approach to urban living in Casablanca. This integrated neighborhood is a true hub of life, combining upscale residences, commercial...
CMI lowers transaction fees to boost electronic payments
In a significant move to promote electronic payments, the Centre Monétique Interbancaire (CMI) has announced a major reduction in fees for more than 55,000 local merchants accepting card payments. Effective from October 1, 2024,...