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Keywords: Expansion


French retail group Casino to expand with 210 stores in Morocco by 2035

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......

Standard Chartered opens representative office in Morocco to enhance regional presence

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 secures $25 million loan for Morocco mining expansion

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......

XPO Logistics expands operations in Morocco with 60-truck fleet upgrade

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......

Airbus partners with Royal Air Maroc to expand fleet by 2037

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 secures MAD 6 billion for desalination expansion and water security

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......

Akdital's ambitious healthcare expansion in Morocco

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......

PayTic accelerates growth with $4 million funding boost

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......

PharmaNutra Expands Its Reach to Morocco, Bahrain, and Peru

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......