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: supermarkets (number one with 46 stores), hypermarkets (number three with five stores) and hypercash (number…
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 segments, while in sub-Saharan Africa it is only involved in the mobile market. The stock trades on…
Company Overview Founded in 1919 and listed on the Casablanca Stock Exchange since 1943, Société des Brasseries du Maroc (SBM) is a brewer with a market share of more than 95% in Morocco. The company’s activities include beer production (86% of consolidated revenues), mineral water production and import, wine production and Nicolas franchise retail network. SBM operates several industrial plants…
The national pension system is undergoing a change after both houses of parliament approved reforms in mid-2016 that will see the retirement age for public sector workers rise in order to keep the main pension fund on an even footing. Recent regulatory reforms in the insurance industry will also increase opportunities to sell complementary products for insurance firms, though sector figures say they…
Over the past decade, industry players like Boeing, Bombardier and Airbus have moved into Morocco to boost aeronautical capacity. Important deals and government incentives have helped the industry achieve a 17% annual average growth rate since 2010, and in 2015 aeronautics exports reached Dh7.3bn (€670m), according to the Office des Changes. Over 100 aerospace firms have established a base in the…
Over the past decade efforts to improve intercity rail links have intensified, with the authorities investing heavily to increase capacity and coverage across the kingdom. Between 2010 and 2015, the government invested Dh34bn (€3.1bn) in the segment, up from Dh18bn (€1.7bn) between 2005 and 2009, and Dh7bn (€641.8m) during the 2002-05 period, according to the Ministry of Transport, Equipment…
As the Moroccan transport sector has taken off in recent years, the government has embarked on an ambitious plan to cut costs and improve the sector, expanding port capacity, creating logistical zones and improving domestic distribution infrastructure, including Customs systems, multimodal connections and dry ports. Emphasis On Costs & Time In 2010 the country launched the National Strategy for…
In 2009 Morocco launched its solar plan as part of its ambitions to generate 42% of its energy from renewables by 2020, with 14% coming from solar. The first outcome of this plan was the completion of Noor I, the world’s largest solar energy project, in Ouarzazate in February 2016. Authorities are now looking to build on this success and further increase solar capacity by identifying new areas for…
With an installed capacity of about 1770 MW, hydro-power plays a key role in Morocco’s energy mix, contributing 22% of its power generation. The implementation of the energy development strategy in 2008 has led to a modest but progressive increase in capacity. This will continue through 2020 under the framework of public-private partnerships. Overview Morocco has long opted for the development…
With an installed capacity of approximately 800 MW in 2015, Morocco represents the third-largest African market for wind energy behind South Africa (1053 MW) and Egypt (810 MW). As part of Morocco’s ambition to attain 42% of its electricity needs from renewable energy sources by 2020, in recent years authorities have accelerated the development of large-scale wind farms across the kingdom by increasing…
