Almar Capital Launches in Casablanca Amid Market Growth
Almar Capital, a newly established independent investment bank, has officially commenced its operations in Casablanca as of April 6, 2026. This institution, founded by Amine Alami, aims to capitalize on the expanding Moroccan market, characterized by a notable increase in mergers and acquisitions, capital raising activities, and an enhanced role of independent investment banks. Almar Capital focuses on facilitating mergers and acquisitions, capital raising, restructuring, and strategic advisory services targeted at large corporations and states.
The launch of Almar Capital is timely, as Morocco is experiencing a robust investment climate fueled by strong economic fundamentals and a surge in private capital. As articulated by the bank, "The establishment of Almar Capital comes at a time when the Moroccan market is witnessing sustained investment dynamics, acting as a natural hub connecting international capital, entrepreneurs, and long-term projects." The bank’s mission is to assist executives, shareholders, and institutional investors in navigating their operations effectively, providing strategic counsel linked to key decisions and impactful transactions. This initiative meets the demand for increased sophistication in market operations and a higher standard of execution.
Experienced Leadership Driving Almar Capital
Almar Capital's foundation is underscored by the extensive experience of its founder, who previously led the Moroccan independent investment bank Red Med Capital from 2016 to 2025, gaining valuable insights into financial advisory and complex operational support involving both Moroccan and international groups. The firm is also supported by Inasse Aljami, who specializes in transaction management. Unlike traditional banks, Almar Capital does not engage in deposit banking or credit establishment, instead focusing on high-value transactions.
The competitive landscape for Almar Capital includes several established independent investment banks such as CDG Capital, a subsidiary of the Caisse de dépôt et de gestion, and Attijari Finances Corp, part of the Attijariwafa bank group, which has been operational for over 25 years. Additional players in the market include Upline Group, specializing in M&A and strategic consulting, along with BMCE Capital, the investment bank of Bank of Africa. Recently, new initiatives like Fineopolis Capital have emerged, focusing on ethical and participatory finance in Morocco. According to the Conseil de la concurrence du Maroc, independent investment banks have been growing steadily since the 2010s, comprising approximately 15-20% of total transactions, which are estimated to reach 25 billion dirhams (about 2.6 billion USD) in 2024, amidst a banking sector dominated by major players like Attijariwafa Bank, holding a 35% market share.
This evolution signifies a growing demand for specialized financial advisory services and diversification among market participants. The entrance of Almar Capital into the Moroccan financial landscape reflects the changing needs for support in financial operations, marking a significant step in the country's investment banking sector.
As reported by agenceecofin.com.
