Crédit du Maroc shines: Record growth and strategic moves in 2024
On November 28, 2024, Crédit du Maroc’s Supervisory Board, chaired by Mohamed Hassan Bensalah, convened to assess the bank’s achievements and financial results up to September 30. The meeting revealed a year marked by...
CTM achieves record revenue growth in Q3 2024
CTM, a leader in intercity transportation, reported consolidated revenues of 599 million Moroccan dirhams (MAD) for the third quarter of 2024, marking an impressive increase of 390 million MAD compared to the same period...
Promopharm reports 5% revenue growth in Q3 2024
Promopharm, the Maghreb-based pharmaceutical promotion company, recorded revenues of 192.4 million Moroccan dirhams (MAD) in the third quarter of 2024. This marks a 5% increase compared to the same period last year, reflecting strong...
Cybersecurity in Morocco: A bold defense against digital threats
As digitalization reshapes lifestyles and economic frameworks, Morocco is solidifying its position as a leader in Africa’s cybersecurity landscape. With increasingly sophisticated threats targeting public institutions, private companies, and individuals alike, the country is...
Meinhardt Group sets up strategic hub in Morocco to propel African development
The Meinhardt Group, a global leader in engineering, urban planning, and strategic consulting, has officially established its presence in Morocco. This marks a pivotal step in its mission to support sustainable and ambitious development...
Auto Nejma Maroc achieves 22% revenue growth by september 2024
Auto Nejma Maroc closed the first nine months of 2024 with a turnover of 1.94 billion dirhams, marking a significant 22% increase from 1.59 billion dirhams during the same period in 2023. Sales volumes rose...
BANK OF AFRICA launches SCF by BOA: A digital revolution in supply chain finance
As part of its commitment to innovation and supporting economic ecosystems, BANK OF AFRICA has unveiled an innovative solution: SCF by BOA. This collaborative digital platform introduces a self-service approach tailored for buyers and...
Moroccan industry sees promising growth in october 2024
Industrial activity in Morocco experienced a notable recovery in October 2024, showing clear signs of improvement compared to the previous month. This upward trend, highlighted by Bank Al-Maghrib’s (BAM) monthly industrial survey, reflects renewed...
Danish furniture giant Jysk to enter Moroccan market by 2025
Jysk, the Danish retail powerhouse known for its affordable furniture, bedding, and home décor, has announced plans to open its first stores in Morocco by April 2025. This bold move will introduce Moroccan consumers...
Attijariwafa Bank secures $30M boost to empower Egyptian SMEs and sustainability
In a move aimed at invigorating Egypt’s economy and fostering sustainable development, Attijariwafa Bank is seeking $30 million in financing from the International Finance Corporation (IFC), a member of the World Bank Group. This...