Latest News Morocco

Commercial banking

09/12/2019 at 15h22, by El Mehdi Berrada

Crédit Agricole du Maroc issues debt prior to increasing its equity capital (700 million-1 billion dirhams)

Managers at the publicly owned bank, which is focused on providing support to customers in rural communities,...

Bank

06/12/2019 at 17h24, by Africa Business+

Bankia follows in the footsteps of Caixa and Banco Sabadell in Morocco

A new Spanish bank is seeking to take advantage of growing trade links between Morocco and Spain.

Private Equity

04/12/2019 at 15h43, by Aurelie Benoit

MCP makes its last investment of the year, advised by Asafo and Allen & Overy

The law firm headed by Pascal Agboyibor has advised Mediterrania Capital Partners on its investment...

Logistics

03/12/2019 at 15h19, by Pierre-Olivier Rouaud

Militzer & Munch widens its logistics footprint in Morocco

The Swiss logistics group opens a fourth facility at Tanger Free Zone (TFZ) to keep pace with growth...

Oil & Gas

29/11/2019 at 16h46, by Africa Business+

Chevron/Akwa (Akhannouch family) to combine lubricant production and logistics at a single hub ($31m)

The Afriquia Lubrifiants joint-venture was established in 2006 and is now held in equal parts by the...

Telecoms

29/11/2019 at 16h45, by Quentin Velluet

Nawal Gharmili Sefrioui to head Orange Money Morocco

The French telecoms operator, which is due to launch its mobile payment system in the first quarter...

Industry

26/11/2019 at 15h19, by Pierre-Olivier Rouaud

French automotive parts manufacturer GMD opens a fifth plant in Morocco close to Renault

The €22m investment by Sealynx allows GMD to expand production of rubber seals for automotive manufacturers...

Telecoms & Media

25/11/2019 at 17h07, by Aurelie Benoit

Out-of-home advertising: Pikasso unveiled in Carrefour stores in Morocco

According to our sources, the Lebanese group has recently taken over Greenberry, the pioneering advertising...

Hotel business

20/11/2019 at 17h06, by Africa Business+

Radisson Hotel Group plans to open around ten hotels in Casablanca, Rabat and Tangier

In the meantime, the group is opening its first establishment in Casablanca.

Bank

19/11/2019 at 16h53, by Aurelie Benoit

Kamal Mokdad (BCP) “goes green” thanks to the EBRD and the Green Climate Fund

The two institutions are seeking to grant loans to help the country’s second largest bank contribute...

Private Equity

19/11/2019 at 15h53, by Gaëlle Arenson

Lofti Boujendar (Caisse Marocaine des Retraites) banks on SEAF Morocco Growth Fund

The fund headed by Meriem Zairi is targeting a second closing of between $25m and $30m as reported by...

Agribusiness

15/11/2019 at 17h31, by Aurelie Benoit

IFC’s new helping hand for the Chaouni family (Zalar)

The corporation is studying a $24m package for Zalar Agri, the fruit and nut subsidiary of Moroccan...

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