American firm Briarwood Capital Partners expands stake in Morocco’s HPS
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
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
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
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...
Attijariwafa Bank launches $150 million bond issuance to bolster regulatory capital
Attijariwafa Bank has announced a subordinated bond issuance worth 1.5 billion Moroccan dirhams (approximately $150 million). Approved by the Moroccan Capital Market Authority (AMMC) on December 13, 2024, under reference VI/EM/037/2024, this operation represents...
Wafasalaf bolsters growth with $19.5 million bond offering
Wafasalaf, Morocco’s leader in consumer financing, has unveiled a major financial initiative: a subordinated bond issuance worth 200 million dirhams ($19.5 million). This move is designed to bolster the company’s regulatory capital while supporting...
WINEO CIF SARL: A new player in financial investment advisory
WINEO CIF SARL, a Casablanca-based company, has officially joined Morocco's financial advisory landscape. The firm was registered with the Moroccan Capital Market Authority (AMMC) on December 10, 2024, under registration number DE-CIF-09-24. This milestone...
BANK OF AFRICA honored with two global awards for sustainability leadership
BANK OF AFRICA has been recognized with two prestigious awards at the Global Frontier Brand Awards 2024, underscoring its leadership in sustainability within the financial sector. The awards, "Excellence in Strategic Sustainability Leadership –...
Attijariwafa Bank honored with Visa’s digital banking and innovation award
Attijariwafa Bank, through its subsidiary Attijari Payment Processing, has received the prestigious Digital Banking and Innovation Award from Visa, a global leader in electronic payments. This accolade recognizes the group’s pioneering role in adopting...
TAQA Morocco ushers in major governance changes
TAQA Morocco’s Supervisory Board, during its meeting on November 29, 2024, announced pivotal decisions that mark a new chapter in the governance of Morocco’s leading energy producer. These changes not only reflect the company’s...