Keywords: Sme
European fintech startup Zazu has raised $1 million in pre-seed funding to accelerate its expansion into Morocco and South Africa, with plans for a broader Africa-wide rollout starting in 2026. The company, founded in 2024 by former Solarisbank executives Rinse Jacobs and Germain Bahri, offers an all-in-one......
The General Confederation of Moroccan Enterprises (CGEM) has officially accredited five firms to evaluate applicants for the "Label PME Responsable," an initiative aimed at advancing corporate social responsibility (CSR) among small and medium-sized enterprises (SMEs) in Morocco. Launched......
Morocco has been appointed vice-president of the Small and Medium Enterprises Network of the Organisation of Islamic Cooperation (OIC-SMENET), marking a new milestone in its commitment to supporting entrepreneurship and economic cooperation across the Islamic world. The announcement was made by the National......
Cyber risks escalate for African businesses amid skills shortage and rising threats As cybercrime becomes more sophisticated, African businesses are facing growing threats to their digital security. Tim de Groot, General Manager for Kaspersky in Northwest and Central Africa, warned during the Regional......
The volume of outstanding bank credit in Morocco reached 1,175.5 billion dirhams by the end of June 2025, reflecting an annual growth of 5.8%, according to the latest figures released by Bank Al-Maghrib (BAM). This increase includes a 4.4% rise in loans granted to non-financial agents and a significant......
Situated just around 60 kilometers from the rapidly expanding industrial hub of Kénitra, Sidi Slimane is setting its sights on becoming a key player in the regional economic landscape. The city is preparing to launch a comprehensive feasibility study, both technical and financial, with the aim......
The African Development Bank (AfDB) and Morocco’s Bank of Africa (BOA) have signed a landmark EUR 50 million risk-sharing agreement in Rabat, aimed at enhancing private sector financing and fostering trade across the African continent. The deal was finalized on the sidelines of the Africa Investment......
The Board of Directors of the Moroccan Observatory for Very Small, Small, and Medium Enterprises (OMTPME) has given the green light to a comprehensive three-year strategic plan for 2024-2026 during its 7th meeting in Rabat. The primary objective is to fortify OMTPME's pivotal role in Morocco's......
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