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 in Groupe Premium S.A. The deal, originally struck on July...
Al Omrane secures 300 million dirham bond to drive urban development in Morocco
In a strategic financial move, Morocco’s Al Omrane Holding has successfully issued a bond worth 300 million dirhams, targeting institutional investors through a private placement. This latest bond issue serves as a crucial part...
Groupe Bennani unveils bold bond issue to drive growth at ‘Best Financière’
Moroccan economic heavyweight, Groupe Bennani, is making waves again, with a strategic bond market entry. After successfully navigating capital markets with its subsidiaries, Label’Vie and Aradei Capital, the group’s low-profile holding company, Best Financière,...
EV Industry: Morocco’s CDG partners with Gotion High-Tech to launch gigafactory
On November 13, 2024, in Hefei, Khalid Safir, Director General of Morocco’s Caisse de Dépôt et de Gestion (CDG), and Li Zhen, President of the Sino-European company Gotion High-Tech, signed a Memorandum of Understanding...
Orange and GIZ team up to boost sustainable tech jobs for African youth
Orange Africa and the Middle East, in partnership with the German Agency for International Cooperation (GIZ), have announced the launch of "Master Repair," an ambitious initiative aimed at enhancing youth employability and supporting the...
Young Moroccan artists shine at Rabat’s ‘Banque Populaire Gallery’
The Banque Populaire Gallery in Rabat has kicked off its cultural season with the exhibition “When Art Finds a Home,” which runs until February 28, 2025. This event marks the culmination of the third...
From Benin to Liberia: Marsa Maroc’s bold move to transform African ports
Building on its achievements in Benin, Marsa Maroc is advancing its African expansion by establishing a strategic presence in Liberia. The Moroccan port management company, renowned for its expertise, has signed an 18-month memorandum...
Bank of Africa launches real estate forum to boost strategic partnerships in Morocco
In an effort to establish a go-to forum for Morocco’s real estate professionals, Bank of Africa has launched the first edition of "Real Estate Stopovers: Opportunities and Regional Dynamics." Set to take place in...
French delegation explores Laâyoune’s growing opportunities in investment
On Tuesday, around 50 French business leaders and economic decision-makers gathered in Laâyoune, Morocco, for a key meeting with local officials to explore new investment and partnership opportunities in the Laâyoune-Sakia El-Hamra region. Organized...
Moroccan healthcare advances with AKDITAL and Dassault’s “digital twin” technology
In a groundbreaking alliance, Morocco’s healthcare landscape is set to transform as leading private healthcare provider AKDITAL partners with global 3D design software giant Dassault Systèmes and the esteemed Long Island University (LIU) from...