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IFC Invests $37 million to boost Morocco’s logistics hub ambitions

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The International Finance Corporation (IFC), the World Bank's main development arm focused on the private sector, has signed a major investment agreement with Building Logistics Services (BLS), a private Moroccan logistics operator. The deal,...

Autoroutes du Maroc unveils $7.74 billion investment plan for 2025-2027

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Autoroutes du Maroc (ADM), the Moroccan national motorways Company, is set to roll out an ambitious investment plan totaling 7.74 billion dirhams (MMDH) over the 2025-2027 period, according to a report on public institutions...

OCP Group unveils 139 billion dirham investment plan for 2025-2027

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The OCP Group, Morocco's phosphate giant, has announced a bold investment plan exceeding 139 billion dirhams (MMDH) for the 2025-2027 period. This plan, outlined in the report on public establishments and enterprises (EEP) accompanying...

Royal Air Maroc targets 7.5 million passengers in 2024 with strategic growth plan

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Royal Air Maroc (RAM), Morocco's national airline, is poised to close 2024 with 7.5 million passengers, according to the latest public sector report accompanying the 2024 finance bill. This forecast represents a 4.5% increase...

BMCE Capital Gestion earns ISAE 3402 type II certification for internal control system

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BMCE Capital Gestion has successfully obtained the ISAE 3402 Type II certification for its internal control system, as part of its annual renewal process. This certification underscores the company’s commitment to maintaining robust and...

CMC unveils insights from 2024 census

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The Moroccan Economic Center (CMC) has announced the release of its latest monthly publication, Maroc Conjoncture No. 372. This special issue focuses on the 2024 General Population Census, exploring the socio-economic transformations it may...

King Mohammed VI welcomes reshuffled government team at Royal Palace

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On Wednesday, October 23, 2024, corresponding to 19 Rabii II 1446 in the Islamic calendar, His Majesty King Mohammed VI, may God assist him, presided over the swearing-in ceremony of Morocco's newly restructured government...

King Mohammed VI welcomes new members of the High Council for Audiovisual Communication

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On Wednesday, His Majesty King Mohammed VI, may God assist him, held an audience at the Royal Palace in Rabat to receive the newly appointed members of the High Council for Audiovisual Communication. The new...

Dentons Morocco expands with new China division

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On October 23, Dentons Morocco announced the launch of its new China division, marking a pivotal moment in its mission to assist businesses with their investment projects and commercial partnerships in Morocco and across...

Everything you need to know about Moroccan mutual funds (OPCVM)

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Mutual funds, known as "Organismes de Placement Collectif en Valeurs Mobilières" (OPCVM), are a popular investment tool because they pool resources and offer diversification. By combining the capital of multiple investors, OPCVMs allow for...

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