CDC-Africa applauds Morocco’s landmark in local Mpox test production
The Africa Centres for Disease Control and Prevention (CDC-Africa) has hailed a groundbreaking achievement in the continent’s health landscape: Morocco’s first locally produced PCR...
Corporate investors: The driving force behind ‘OPCVM’ success
In the intricate landscape of Morocco’s financial market, collective investment schemes, known as OPCVM (Organismes de Placement Collectif en Valeurs Mobilières), continue to be...
CFG Bank posts robust 36% revenue growth by september 2024
CFG Bank reported consolidated net banking income (NBI) of 678 million dirhams (MDH) at the end of September 2024, marking a solid 36% increase...
Bank of Africa UK secures $300M from Indian banks to fund African infrastructure
Bank of Africa UK, acting as the sole lead arranger and bookrunner, has successfully raised $300 million from a consortium of seven leading Indian...
QatarEnergy and OCP Nutricrops team up for global food security
Amid growing global food security challenges, QatarEnergy and OCP Nutricrops, the plant nutrition subsidiary of Morocco’s OCP Group, have signed a strategic sulfur supply...
Barid Cash and AXA agents partner to expand financial services across Morocco
In a significant step toward enhancing financial accessibility in Morocco, Barid Cash has partnered with the Association of AXA Assurance Maroc General Agents (AGIR)...
Morocco approves tax breaks for defense industry to spur investment
The Moroccan government has just given the green light to a temporary corporate tax exemption for companies within the defense equipment and armament sector....
IMF greenlights $415 million in aid for Morocco to bolster climate resilience
The International Monetary Fund (IMF) has approved the release of $415 million for Morocco, following the successful completion of the second review of its...
TAQA Morocco: Operational resilience and strategic investment focus
TAQA Morocco has reported robust operational performance for the first nine months of 2024, withstanding a dip in coal prices and scheduled maintenance adjustments....
Groupe Premium’s sale in jeopardy as UNATRAC terminates agreement
On July 18, 2024, SRM announced that UNATRAC Holding Limited (UHL) had decided to withdraw from its acquisition agreement for a 51% controlling stake...