Managem Reports Annual Revenue of 13 Billion Dirhams in 2025 Driven by Tizert and Boto Projects
STRATEGIC MINERALS
Managem surpassed 10 billion dirhams in annual revenue for the first time in 2025, registering 13 billion dirhams, a 55% increase from the previous year. This growth was propelled by the Tizert copper project in Morocco and the Boto gold project in Senegal, which together generated over 3.5 billion dirhams.
The last quarter's revenue showed a 170% increase year-on-year. Cumulative investments totaled 5.95 billion dirhams, with a significant focus on development projects. Net debt reached 12.67 billion dirhams at the end of December 2025, reflecting increased investments but decreased in the last quarter due to cash flow from new projects.

Feb 28, 2026, 6:22 AM