First Independent Mena Newspaper
Officials from the Casablanca Stock exchange held meetings with investors in London to showcase the competitive advantages it offers as well as Morocco’s business climate. The bourse has a pivotal role to play in funding Moroccan enterprises and it is set to attract more companies seeking better financing opportunities, including SMEs, Casablanca Stock Exchange head […]
The Casablanca Stock Exchange has been connected to the African Exchanges Linkage Project (AELP), an e-platform which enables cross-border securities trading among African stock exchanges and contributes to economic integration. In its first phase launched this week, AELP connects seven stock exchanges across 14 African countries: Morocco, Egypt, Nigeria, Kenya, Mauritius, South Africa and the […]
Akdital, a Moroccan group that owns 15 clinics in Morocco, plans an Initial Public Offering at the Casablanca stock exchange to raise 1.2 billion dirhams. The IPO is the second on the Casablanca stock exchange which aims to attract similar offerings from Moroccan enterprises. In recent months, the bourse launched a campaign to […]
The Casablanca stock exchange has launched a campaign to encourage SMEs to issue initial public offerings to enable them to access equity funding in an economy dominated by bank financing. Head of the Casablanca stock exchange highlighted to the media the attractiveness of the bourse where he said there is a high demand from investors. […]
A memorandum of understanding to facilitate the access of small and medium-sized enterprises (SMEs) to the capital market was signed on Wednesday in Casablanca. The MoU between the Casablanca Stock Exchange, the Moroccan Capital Market Authority (AMMC), the Professional Association of Brokerage Companies (APSB) and Maroclear aims to facilitate SMEs’ access to financing at the […]
The main index at Casablanca’s stock exchange suffered on February 9 the steepest single-day plunge in its history amid a similar trend in international bourses due to Coronavirus fears. Investors rushed to sell shares causing a 5.82% drop in Masi, Casablanca’s main index, which lost 11.2% of its value since the beginning of 2020. The […]
The Moroccan government will get 8.87 billion dirhams (about $1 billion) from the sale of 8 per cent of its stake in the telecommunication continental giant. The Moroccan Capital Market Authority (AMMC) has given the go-ahead to the government to sell 8% of its shares in Maroc Telecom. The planned transaction on the block market […]