JAIDA Expands Its Operations and Relocates Headquarters to Casablanca
JAIDA Financing Company Poised for New Development Phase in Morocco
JAIDA, a financing company historically focused on microcredit institutions, is preparing to embark on a new phase of development in Morocco. The company plans to expand its scope of operations to include players in the social and solidarity economy. This evolution is accompanied by changes in its shareholding structure, governance, and operational base, notably with the exit of the Caisse des Dépôts et Consignations (CDC) and the full acquisition of its stake by the Caisse de Dépôt et de Gestion (CDG).
These transformations are among the key resolutions to be presented to shareholders during the mixed general assembly scheduled for November 23, 2026. They reflect a desire to adapt JAIDA’s positioning to a broader operational framework, following the approval granted by Bank Al-Maghrib.
JAIDA Expands Its Focus Beyond Microcredit
The change in JAIDA’s corporate purpose is a central point of this assembly. The company intends to expand its operations to include entities working in the field of the social and solidarity economy, in addition to its historic activities with Moroccan microcredit organizations.
This expansion is supported by the new license issued by Bank Al-Maghrib on September 17, 2025. It is expected to enable JAIDA to diversify its interventions and support a wider range of economic actors.
The proposed amendment to the statutes also allows the company to acquire stakes in businesses operating within these two sectors or developing complementary activities. Furthermore, JAIDA will retain its authorization to receive public funds with a maturity exceeding one year, in accordance with the applicable regulatory framework.
This evolution could enhance the company’s role in financing structures that contribute to economic and social development while broadening the categories of organizations eligible to benefit from its interventions.
CDG Takes Over CDC’s Stake
The transformation of JAIDA also affects its shareholding. The Caisse des Dépôts et Consignations has transferred all of its shares to the CDG on September 29, 2026, the same date it exited the board of directors.
Shareholders will be called to acknowledge this resignation and vote on the appointment of Lalla Wafaa Naim El Idrissi as a board member. Proposed by the board of directors on October 21, 2026, this appointment would entail a three-year mandate, concluding at the assembly responsible for approving the financial statements for the fiscal year 2029.
This evolution in governance accompanies the restructuring of capital and the new strategic direction envisioned by the company. The CDC’s exit also necessitates the removal of any references to this institution in JAIDA’s statutes.
JAIDA’s Headquarters Set to Move to Casablanca Finance City
Another significant change to be voted on by shareholders is the relocation of JAIDA’s headquarters from Rabat to Casablanca. The company plans to establish itself in Casablanca Finance City, situated in the business district of the metropolis, at Main Street, lot 60.
This move will require an amendment to Article 4 of the statutes, which outlines the company’s registered office. It is part of a series of statutory revisions aimed at reflecting changes in shareholding and operational scope.
The mixed general assembly will take place remotely on November 23, 2026, at 3:30 PM. Shareholders will vote on all these resolutions, which address the corporate purpose, board composition, head office transfer, and updates to the statutes.
A New Development Phase for JAIDA
Through these changes, JAIDA is preparing for a simultaneous evolution of its activities, governance, and administrative organization. The opening to the sector of the social and solidarity economy represents the main strategic shift, while the CDG’s acquisition of the CDC’s stake redesigns its shareholding structure.
The transfer of headquarters to Casablanca Finance City completes this restructuring. Together, these proposed decisions will enable the company to adapt its statutory framework to its new configuration and its development ambitions in financing actors in the social and solidarity economy and microcredit.
