Al Omrane Holding adjusts interest rates for 2024: What investors need to know
In a strategic move to maintain alignment with market trends, Holding Al Omrane S.A. has announced the annual revision of the interest rate for its “Tranche F” bonds. This adjustment, part of a bond...
Attijariwafa Bank takes the lead in Crédit du Maroc share sale frenzy
From October 28 to November 1, 2024, Attijariwafa Bank once again cemented its position as a leader in Morocco’s financial sector, playing a pivotal role in the public offering of Crédit du Maroc shares....
CIM Santé sets the stage for expansion with new fundraising drive
Five years after securing a strategic partnership with South Africa’s Vantage Capital, which injected nearly 300 million dirhams into its operations, Moroccan healthcare group CIM Santé is gearing up for a fresh round of...
BMCE Capital Investments to back Moroccan startup PTS with equity stake
BMCE Capital Investments, the private equity arm of the BMCE Capital Group, has announced the signing of a conditional agreement to acquire a stake in Premium Technology & Services (PTS), a Moroccan startup specializing...
Crédit du Maroc reinforces financial resilience with landmark perpetual bond issuance
Crédit du Maroc has marked a significant milestone in its strategic development with the issuance of a perpetual subordinated bond, approved by the Moroccan Capital Market Authority (AMMC). This groundbreaking financial operation aims to...
Marjane Holding invests in freshness with state-of-the-art logistics hub
Amidst the rapidly changing retail landscape, Marjane Holding is embracing innovation to ensure the quality and freshness of its products. The group has unveiled plans for a major logistics platform dedicated to fresh goods,...
Afric Industries sales drop 6% in Q3 2024 amid export challenges
Afric Industries reported a turnover of 13.081 million dirhams (MDH) for the third quarter of 2024 (Q3-2024), marking a 6% decline compared to the same period in 2023. The company attributes this decrease to...
Spanish firm Martínez Otero to establish production hub in Morocco
The Spanish company Martínez Otero, renowned for its expertise in hotel and retail interior design, is set to launch a production center in Morocco’s Benslimane province. This €2.2 million project marks a strategic step...
SoGé launches Morocco’s first digital savings pot
SoGé, Société Générale Maroc’s fully online banking service, has taken a bold step to reshape personal finance with the launch of “la cagnotte SoGé,” the first digital savings tool of its kind in Morocco....
Banque Populaire brings Apple Pay to its customers
Banque Populaire has expanded its payment solutions by introducing Apple Pay, offering its customers a simple and secure way to make purchases through Apple’s ecosystem. This innovative service is now available to Banque Populaire...