Keywords: Expansion
According to three informed Russian sources, President Vladimir Putin is willing to end the war in Ukraine under strict conditions, including a formal written commitment from Western powers to stop NATO’s eastward expansion and the lifting of certain sanctions on Russia. U.S. President Donald......
The signing of the partnership French retail group Casino and Moroccan multi-sector company H&S Invest Holding announced on Monday a new partnership to bring Casino’s brands to Morocco. The first stores are expected to open in 2026. The two companies stated that the goal is to open more than......
British bank Standard Chartered has officially inaugurated a new representative office in Casablanca, Morocco, marking a significant expansion of its operations in the Middle East and North Africa region. This strategic move comes on the heels of receiving a license from Bank Al-Maghrib and the prestigious......
Aya Gold & Silver has secured final approval from the European Bank for Reconstruction and Development (EBRD) for a $25 million secured credit facility. This funding will be directed towards the development of the Boumadine polymetallic project, enhancing the company's financial flexibility as......
In a strategic initiative aimed at bolstering its North Africa operations, XPO Logistics has announced a substantial expansion in Morocco. This ambitious plan includes the introduction of new shipping routes and the deployment of a fleet of 60 advanced container trailers, all while targeting a 10% reduction......
In a landmark development for Moroccan aviation, Airbus is set to become a supplier for Royal Air Maroc (RAM), marking a significant departure from the airline's traditional reliance on Boeing and ATR. This partnership promises to reshape the national carrier's fleet and position it as a major......
OCP Green Water, a subsidiary of Morocco’s OCP Group, has successfully secured MAD 6 billion (approximately $620 million) in financing aimed at expanding its desalination initiatives. The funding, sourced from the Caisse de Dépôt et de Gestion (CDG), a prominent public financial institution......
Groupe Akdital is set to revolutionize healthcare access in Morocco by opening new medical facilities and diagnostic centers aimed at underserved rural communities by 2030. In the past year, Akdital has launched 12 new healthcare facilities, nearly tripling its total number of establishments across......
Moroccan fintech company PayTic has successfully secured a strategic funding round of $4 million as part of its Seed extension, solidifying its role in modernizing payment operations on an international scale. The funding was led by a consortium of investors, including AfricInvest, Build Ventures, Axian......
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