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Ciments du Maroc reports 2 billion dirhams in consolidated revenue for H1 2024

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Ciments du Maroc achieved a consolidated revenue of nearly 2 billion dirhams (MMDH) during the first six months of 2024. However, the non-consolidated and unaudited revenue reached 1.78 billion dirhams by the end of...

South Africa faces twin crises of crime and corruption

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South African political parties expressed deep concern on Monday over the alarming rise in violent crimes in the country, with some describing the situation as a "bloodbath." Between April and June 2024, South Africa recorded...

CFG Bank reports 38% growth in net banking income for H1 2024

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CFG Bank has recorded a consolidated net banking income (NBI) of 424 million dirhams (MDH) for the first half of 2024, marking a 38% increase compared to the same period in the previous year. The...

HCP issues clarification on RGPH 2024 and media relations

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This clarification addresses concerns following a directive issued on August 31, 2024, to all regional directors and provincial and communal supervisors regarding interactions with the media during household interviews. To prevent any misinterpretation of the...

Groupe Addoha reports strong H1 2024 results with 20% revenue growth

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Groupe Addoha has delivered solid results for the first half of 2024, reporting a 20% increase in revenue, which reached 1.7 billion dirhams. This impressive performance was driven by a particularly dynamic second quarter,...

Bank of Africa (BOA) reports 14% increase in H1 2024

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Bank of Africa (BOA) Group posted a consolidated net banking income (NBI) of over 9.58 billion dirhams (MMDH) in the first half of 2024, reflecting a 14% increase compared to the same period in...

Moroccan ports see 18% traffic growth in H1 2024, surpassing 48 million tonnes

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The ports managed by the National Ports Agency (ANP) experienced a significant increase in activity during the first half of 2024, with total traffic exceeding 48 million tonnes (MT), an 18% rise compared to...

OCP Group reports 15% revenue growth in H1 2024 amid strong market demand

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The OCP Group achieved a revenue of 43.248 billion dirhams (MDH) in the first half of 2024, marking a 15% increase compared to the same period last year. This performance underscores the group's resilience...

Morocco sets new record with 10 million tourist arrivals by july 2024 !

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Tourism in Morocco reached a new milestone with 10 million visitors by the end of July 2024, marking a 15% increase compared to the same period in 2023, according to the Directorate of Studies...

ONCF reports strong growth in H1 2024 with increases in passenger

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The National Office of Railways (ONCF) has reported a significant uptick in activity during the first half of 2024. The number of passengers transported reached 26.4 million, marking a 7% increase compared to the...

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