Finance & Business

BANK OF AFRICA and CHARI unite to digitize Morocco’s traditional grocers

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BANK OF AFRICA and CHARI have sealed a transformative partnership aimed at modernizing Morocco’s small-scale grocery sector. This agreement grants CHARI Money the status of an associated member of VISA, enabling it to issue...

Khalid Samaka appointed CEO of LafargeHolcim Maroc

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At a meeting chaired by Saïd Elhadi, the Board of Directors of LafargeHolcim Maroc (LHM) announced the appointment of Khalid Samaka as the company’s new Chief Executive Officer, effective January 1, 2025. This leadership...

CMGP’s stock market debut breaks records

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Since its initial public offering on Monday, CMGP has taken the financial world by storm. In just three trading sessions, the company’s stock soared by an impressive 30%, closing at 266.05 MAD on Wednesday,...

Ismail Amarti appointed new CEO of Tata Motors in Morocco

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Global International Motors, the exclusive importer and distributor of Tata Motors in Morocco, has named Ismail Amarti as its new CEO. This pivotal appointment comes as the company sets its sights on accelerating growth...

Morocco’s Pharma 5 launches first cannabis-based generic medication

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Pharma 5, a trailblazer in Morocco’s pharmaceutical industry, has unveiled the nation’s first cannabis-based generic drug, marking a milestone in innovation and healthcare sovereignty. On December 19, at its headquarters in Ouled Saleh, Pharma 5...

BANK OF AFRICA becomes the first bank certified ISO 21001

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In a groundbreaking achievement, BANK OF AFRICA has become the first bank in Morocco to obtain the prestigious ISO 21001 certification. This international standard recognizes excellence in educational management systems, underlining the bank’s commitment...

American firm Briarwood Capital Partners expands stake in Morocco’s HPS

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Briarwood Capital Partners LP, a New York-based investment firm, has reached a new milestone by crossing the 5% ownership threshold in Hightech Payment Systems (HPS), a leading Moroccan payment technology company. According to the...

Abdou Diop joins the global governance board of Forvis Mazars

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Forvis Mazars Group, a global leader in audit, tax, and consulting services, has unveiled a revamped governance model designed to drive sustainable growth and enhance the organization's agility. Central to this transformation is the...

Bugshan Automotive Group launches BAG CAPITAL for auto financing

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Bugshan Automotive Group (BAG) has announced the launch of BAG CAPITAL, its new financial and insurance services subsidiary dedicated to the automotive sector. This initiative reflects the Group's commitment to innovation, customer-centricity, and driving...

Trelleborg launches new aerospace sealing systems factory in Morocco

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The global leader in polymer solutions, Trelleborg, officially broke ground on its new industrial facility at Midparc, Casablanca on December 17, 2024. This state-of-the-art plant will specialize in manufacturing advanced sealing systems for the...

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