Amine Raji raises $23M for deeptech startup Spore.Bio
Spore.Bio, a deeptech startup specializing in AI-assisted microbiological control, has secured a $23 million Series A funding round, just a year after raising $8.3 million...
Khouribga looks to China: Strengthening ties with Zhejiang investors
The Béni Mellal-Khénifra region is on a mission in China. A regional delegation, led by Council President Adil Barakat, recently visited Zhejiang province to...
Why Marsa Maroc is a strategic investment, according to AGR
Attijari Global Research (AGR) has issued a buy recommendation for Marsa Maroc, positioning it as a long-term investment (over five years). AGR’s analysis sets...
SCR Partners with FANAF 2025 to strengthen insurance and reinsurance in Africa
The Société Centrale de Réassurance (SCR) has announced its participation as an official partner of FANAF 2025, which will take place from February 22...
CFG Bank reports 58% profit growth in 2024, driven by strong lending and deposits
CFG Bank continues its strong growth trajectory, reporting a net income of 262 million dirhams (MDH) in 2024, a 58% increase compared to the...
OGS secures PCI DSS certification, elevating payment security in Africa
Operation Global Services (OGS), a subsidiary of BANK OF AFRICA specializing in payment and banking services, has reached a major milestone by obtaining the...
Frut and Aïn Ifrane drive Mutandis’ profit growth in 2024
Mutandis closes 2024 with strong profitability, fueled by the booming beverages segment, despite a nearly stable revenue of 2.116 billion dirhams (-2%). The group’s...
Accor’s strong 2024 growth driven by North Africa’s tourism boom
Accor closed 2024 with a solid revenue of €5.6 billion, marking an 11% increase from the previous year. This performance was largely fueled by...
How credit guarantees are boosting access to finance for small businesses in Morocco
Accessing financing has long been a major challenge for Micro, Small, and Medium-sized Enterprises (MSMEs) in Morocco. Despite representing 99.6% of the country’s economic...
Morocco: A key hub for international investors, says Bpifrance
Morocco is emerging as a major economic force in Africa, attracting an increasing number of investors thanks to its strategic location, political stability, and...