
Stocks Market
Casablanca Stock Exchange Launches First Certified “Growth” Cohort for Moroccan Industrial Leaders
On Monday, the Ministry of Industry and Trade, together with the Casablanca Stock Exchange, certified the inaugural cohort of the “Growth” programme – a specialised support track for 31 high‑potential industrial firms operating in strategic sectors such as agro‑food, pharma, chemicals, electricity and metallurgy. The ceremony highlighted the programme’s intensive training modules, the commitment of public‑private partners, and the launch of new calls for the second and third cohorts, positioning the stock exchange as a pivotal financing engine for Morocco’s industrial sovereignty. Key statements from Minister Ryad Mezzour, BSE CEO Nasser Seddiqi and CGEM President Chakib Alj underscored a long‑term vision: not a rush to IPOs, but the creation of a credible pipeline of well‑governed companies ready to tap capital‑market funding.
Listen to this article
Unlock audio versions of premium articles and more with a Pro subscription.
Certification ceremony
The Ministry of Industry and Trade, together with the Casablanca Stock Exchange, held a certification ceremony on Monday in Casablanca to celebrate the first cohort of the “Growth” programme that supports industrial companies toward accelerated expansion.
Programme background
Launched on 3 October 2025, the programme brings together 31 high‑potential industrial firms operating in strategic sectors – agro‑food, pharmaceuticals, chemicals, electricity and metallurgy – and provides an intensive, hybrid support package.
Training modules
- Entrepreneurial mindset & capital opening
- Strategy, governance & organisation
- Financing solutions panorama
- Building and valuing the Equity Story
The curriculum combines collective sessions, practical workshops and one‑to‑one mentoring, enabling participants to translate potential into concrete growth plans and readiness for capital‑market financing.
Key remarks from officials
Industry Minister Ryad Mezzour stressed the need for a scale‑up of Moroccan firms in an increasingly open economy, citing successful entrepreneurs who have competed globally. He highlighted that the goal is not merely individual enrichment but the creation of durable national champions.
Casablanca Stock Exchange CEO Nasser Seddiqi announced the awarding of certificates to all 31 companies and confirmed that the second and third cohorts will be launched soon, embedding the programme into the country’s long‑term industrial strategy.
Board Chairman Brahim Benjelloun‑Touimi reiterated that a strong industrial sector is central to Morocco’s development ambitions.
Partners’ perspective
The collaboration between the Ministry, CGEM, AMMC and the Stock Exchange has produced the “Growth” programme, a convergence of expertise aimed at creating a robust pipeline of companies ready for the capital market.
CGEM President Chakib Alj clarified that the initiative is not about fast‑tracking IPOs but about building a credible, long‑term pipeline of firms with sound governance, reliable financial information and solid internal organisation.
Interim Treasury Director Mohamed Tarik Bchir highlighted that sustainable economic development depends on the alignment of public action, the financial market and private‑sector commitment.
Future calls for interest
During the ceremony, the invitation for applications to the 2nd and 3rd cohorts was officially launched, confirming the partners’ commitment to keep the programme ongoing.
Conclusion
The certification marks a pivotal step for Morocco’s industrial landscape, positioning the Casablanca Stock Exchange as a key financing engine for the Kingdom’s sovereign industrial growth.