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EdfaPay Ventures into Moroccan Market, Expanding Global Footprint

EdfaPay, a prominent fintech firm based in Saudi Arabia, has announced the expansion of its operations into Morocco. This move comes after the company successfully secured the necessary regulatory approvals, marking another significant step in its global growth strategy. Founded in 2021, EdfaPay has......

Attijariwafa Bank and AfCFTA Forge Strategic Alliance to Bolster African Trade

In a significant move to enhance trade and investment across Africa, the Attijariwafa Bank Group and the African Continental Free Trade Area (AfCFTA) Secretariat have signed a memorandum of understanding (MoU). This agreement, inked during the 2024 Africa Development International Forum, promises to......

Wafa Assurance Expands Its Footprint, Securing Approval to Operate in Gabon's Life Insurance Sector

In a strategic move aimed at extending its footprint across Africa, Wafa Assurance has secured approval to operate in the life insurance sector in Gabon. This milestone comes as a testament to the company's commitment to contributing to the economic development of the African continent. On April......

Attijariwafa Bank Takes Legal Action Against Defamatory Allegations, Turns to Spanish Courts

In a decisive move, the banking group Attijariwafa Bank has announced its intention to pursue legal action against those responsible for disseminating blatantly false, slanderous, and defamatory statements about the group and its Chairman and Chief Executive Officer, Mr. Mohamed El Kettani. The bank......

Attijariwafa Bank Spearheads Africa Development at FIAD24 Forum

With a resolute commitment to fostering economic growth and investment opportunities across Africa, Attijariwafa Bank is set to host the 2024 edition of the International Africa Development Forum (FIAD24) in Casablanca on June 27th and 28th, under the theme "Here, we invest." Expected to draw......

AMMC Documents Update to Attijariwafa Bank's Certificate of Deposit Program

In a significant development, the Moroccan Capital Market Authority (AMMC) has officially recorded the latest update to Attijariwafa Bank's certificate of deposit (CD) issuance program. This momentous event, documented on December 28, 2023, under the reference EN/EM/038/2023, encompasses several......

Attijariwafa Bank and Schneider Electric Collaborate to Drive Energy Efficiency in Morocco and Africa

Casablanca, Morocco - A groundbreaking partnership is set to propel energy efficiency initiatives throughout Morocco and Africa. Attijariwafa Bank, a prominent Moroccan bank, officially inked a Memorandum of Understanding (MoU) on Tuesday with Schneider Electric, a French energy management giant, at......

OCP Group's Strategic Move: Securing 5 Billion MAD through Perpetual Subordinated Bond Issue

In a strategic move to fortify its financial structure, OCP Group, the giant phosphate producer, has obtained approval from the Moroccan Capital Market Authority (AMMC) for a perpetual subordinated bond issuance. This issuance, valued at 5 billion Moroccan Dirhams (MAD), includes options for early repayment......