As part of a series of wide-ranging reforms aimed at revitalising the Casablanca Stock Exchange (CSE), the authorities have been working on launching a number of new products, vehicles and activities in recent years; this rollout gathered pace in 2016.
COMPANY OVERVIEW: Maroc Telecom (MT) is the leading telecoms operator in Morocco. In January 2015 MT acquired six additional sub-Saharan subsidiaries. The international portion of the business now contributes more than 40% to company revenue. In Morocco the firm operates in both the mobile and fixed...
COMPANY OVERVIEW: Founded in 1985 and listed on the Casablanca Stock Exchange since 2008, Label Vie (LBV) is the number two in the modern distribution sector in Morocco with a 30% market share in terms of surface area (vs. 54% for Marjane/ Acima). The company operates three business segments:...
The Casablanca Stock Exchange (CSE) was off to a good start in 2016, which has also seen the largest initial public offering (IPO) to take place in Morocco in eight years. However, the CSE’s all-share index remains below pre-financial crisis levels, as do IPO and trading activity more generally.
COMPANY OVERVIEW: Attijariwafa Bank is the leading bank in Morocco in terms of outstanding loans (25% as of December 2015), and number two in terms of deposits behind BCP. The group operates 3265 branches and started its geographical expansion outside Morocco in 2005. The bank now has branches in...
COMPANY OVERVIEW: Addoha is Morocco’s largest real estate developer with operations in all the segments, including social, middle-income and high-end. In 2015 the social and middle-income segments accounted for 62% of the developer’s revenue, down from 70% in 2011. Revenue stood at Dh7.1bn (€651m)...
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.
Register Here×