The Holmarcom Group and the International Finance Corporation (IFC) have finalized IFC's investment in Holmarcom Finance Company (HFC), marking a significant milestone in their joint commitment to building a more inclusive and sustainable financial model across Africa. As part of this strategic partnership, IFC has acquired a minority stake in HFC for 1.35 billion dirhams. The transaction has received approval from Morocco's key regulatory bodies, including Bank Al-Maghrib, the Competition Council, and the Foreign Exchange Office. Holmarcom remains the majority shareholder in HFC, which has emerged as an integrated and fast-growing player in the financial sector. IFC's investment aligns with HFC's ongoing growth trajectory. The group aims to reinforce the position of its subsidiaries in insurance and banking, diversify its financial services, and drive expansion into sub-Saharan Africa. This strategy is underpinned by a strong focus on creating synergies across its various business lines. «This alliance with IFC reflects our shared vision of building a high-performing, sustainable financial sector that serves both our clients and African economies», said Mohamed Hassan Bensalah, Chairman and CEO of the Holmarcom Group. Through this investment, IFC seeks to support HFC's development initiatives in Morocco and key sub-Saharan markets. The partnership is focused on three key goals : accelerating growth in the insurance sector, improving access to finance for small and medium-sized enterprises—particularly those led by women—and backing green projects that contribute to a more sustainable economy.
