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Keywords: SMEs
Tamwilcom, Morocco’s state-owned financial institution, has reported impressive financial results for 2024, mobilizing a total of MAD 47.5 billion (approximately $4.75 billion) across 82,200 operations. This achievement includes commitments amounting to MAD 28 billion ($2.8 billion). In a notable......
Khaoula Ramdi has been appointed the head of Atlas Capital Private Equity, the newly established private equity division of Atlas Capital Group. Following her tenure at Upline Investments, a subsidiary of Banque Populaire, Ramdi brings her extensive expertise to guide this strategic entity, which aims......
Minister of Industry Ryad Mezzour emphasized the pivotal role of Morocco’s industrial sector in the national economy, revealing that it employs 1.1 million workers and encompasses approximately 13,000 companies. Speaking during a session at the House of Councillors, the minister highlighted the......
The General Confederation of Moroccan Enterprises (CGEM) has unveiled a groundbreaking initiative called "Generation AI: Boosting 1000 Moroccan SMEs" in collaboration with the European Bank for Reconstruction and Development (EBRD) and LinkedIn. The program aims to support 1,000 small and......
Title: "Morocco Eyes MAD 12 Billion Export Opportunity in African Markets" Morocco's untapped export potential to African markets stands at MAD 12 billion, according to Omar Hejira, Secretary of State for Foreign Trades. Currently, Moroccan exports to Africa represent only 7.6%......
The Moroccan business sector is experiencing significant turbulence as an estimated 40,000 businesses are expected to close their doors by the end of 2024, according to recent reports from the Moroccan Confederation of SMEs (CMTPME). This dramatic increase in business closures highlights the ongoing......
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 Economic Commission for Africa (ECA) has concluded a significant policy dialogue in Rabat, Morocco, focusing on empowering women-led small and medium enterprises (SMEs) across North Africa. The two-day high-level meeting marked the culmination of a comprehensive two-year initiative aimed at strengthening......
In a recent diplomatic initiative, Morocco's Ambassador to Jordan, Mr. Mohamed Sghir Benm'hammed, has urged both nations to capitalize on their underperforming yet promising investment opportunities. The ambassador's remarks, delivered at a business forum in Amman, highlight the untapped......