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Keywords: Societe
The Prince Moulay Abdellah Stadium in Rabat, a 68,700-capacity architectural masterpiece, has become Morocco’s newest beacon of sports and culture. Officially inaugurated on September 5 with a commanding 5-0 victory by the Atlas Lions over Niger in a CAF qualifying match, the stadium is set to......
In just two decades, the financial dynamics of sub-Saharan Africa have undergone a seismic shift. European banks, once dominant in the region, are retreating, leaving room for African institutions—led by Moroccan banks—to expand their influence and reshape the landscape of African banking. European......
Société Générale’s latest divestment in Africa A consortium of investors, including Enko Capital and Oronte, has finalized the acquisition of Société Générale’s Mauritanian retail banking subsidiary. Announced on Monday, this move marks......
Morocco’s beer production has experienced a notable decline, positioning the country as a modest player in regional and global beer markets. A recent report by BarthHaas, a leading global hops supplier, revealed that Morocco produced 818,000 hectoliters of beer in 2024, a drop from 835,000 hectoliters......
Société Générale Marocaine de Banques has embarked on a significant digital transformation initiative in collaboration with IBM and Power Maroc (PowerM). This strategic move aims to enhance operational efficiency, fortify security measures, and provide superior digital banking......
In Morocco, cigarette prices have once again surged as of April 1, 2025. This increase predominantly affects local brands, particularly those produced by the Société marocaine des tabacs (SMT). The price hike ranges from 1 to 3 dirhams, depending on the brand. For instance, the cost of......
In observance of World Water Day 2025, celebrated annually on March 22, the theme this year is "Preserving Glaciers." This initiative aims to shed light on the plight of 2.2 billion individuals globally without access to safe drinking water, urging immediate action to combat the worldwide water......
Marrakech is set to host the International Conference on Technological Innovation and Tourism Investment on January 28, 2025. This event, organized by the Moroccan Society of Tourist Engineering (SMIT) and the Ministry of Tourism, Handicrafts, and Social Economy, in close collaboration with UN Tourism,......
Morocco is set to implement significant price increases on cigarettes in 2025, with entry-level brands bearing the brunt of the adjustment as part of the government's broader tax reform strategy. The move aims to create a more balanced tobacco market by reducing the price disparity between budget......