Keywords: Expansion
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......
Italian pharmaceutical and nutraceutical company PharmaNutra has recently made significant strides in its international expansion by signing agreements to distribute its health products in Morocco, Bahrain, and Peru. This development marks a key milestone as the company continues to grow its presence......
Standard Chartered Plc is contemplating a strategic expansion into Morocco as part of its growth initiative across key African markets. This move aligns with the London-based bank's broader objective to enhance its wealth management and transaction banking services throughout the continent. Chris......
Air Arabia Maroc has announced the introduction of a direct flight route connecting Nador and Murcia, set to commence on May 3. This initiative is part of the airline's broader strategy for international expansion. The new service will operate three times each week, specifically on Mondays, Tuesdays,......
The Moroccan government has unveiled a bold initiative to increase the capacity of its airports from 30 million to 80 million passengers by 2030, as announced by Minister of Transport and Logistics Abdessamad Kayouh. This strategic plan is part of the “Airports 2030” initiative led by the......
The Office National des Chemins de Fer (ONCF) has awarded two construction contracts to the Italian company Generale Costruzioni Ferroviarie (GCF) for the extension of the high-speed rail line connecting Tangier and Kenitra to Marrakech. GCF will lead a consortium that includes its subsidiaries Transalpes......
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