Latest News Maghreb & Middle East
Consumer goods
18/11/2019 at 17h10, by Mathieu Galtier
Mabrouk brings H&M and Starbucks to Tunisia
Azur City, the shopping mall owned by the Mabrouk group, is to feature the first Tunisian outlets of...
Agribusiness
15/11/2019 at 17h31, by Aurelie Benoit
IFC’s new helping hand for the Chaouni family (Zalar)
The corporation is studying a $24m package for Zalar Agri, the fruit and nut subsidiary of Moroccan...
Maritime transport
14/11/2019 at 16h49, by Africa Business+
Hapag-Lloyd gains a foothold at Tanger Med
The world’s fifth largest container shipping firm, hitherto far less present at terminals than its competitors...
News
14/11/2019 at 07h26, by Africa Business+
AfricInvest calls upon Vantage Capital for its exit from Equity Invest (Morocco)
The South-African mezzanine fund manager is making its second investment foray into French-speaking...
Education
12/11/2019 at 17h06, by Frédéric Maury
Ethiopian acquisition for Morocco’s Sana Education (Elalamy family)
The Moroccan group, owned by Saham Group and Tana Africa, buys one of the flagship education providers...
Bank
12/11/2019 at 17h06, by Africa Business+
Wafa Assurance gains its licence in Egypt
Wafa Assurance is to open its new subsidiary in Egypt early next year. It will start out with life insurance...
Consumer goods & Retail
07/11/2019 at 17h35, by Africa Business+
South Korean cigarette manufacturer KT&G converts its try in Tunisia
The world’s eighth largest tobacco company, Korea Tobacco & Ginseng Corporation (KT&G), is in discussions...
Agribusiness
06/11/2019 at 17h53, by Mathieu Galtier
Tunisia: dissension at Poulina between Slim Ben Ayed, the founder’s son, and Khaled Bouricha, Chairman of the Board
Seven months after the death of Abdelwaheb Ben Ayed, the founder of Poulina Group Holding (PGH), the...
Air transport
31/10/2019 at 16h57, by Africa Business+
Tunisair looks to bounce back through leasing agreements
Heavily indebted and struggling with a shrinking market share, the North-African airline needs to innovate...
Bank
31/10/2019 at 16h51, by Africa Business+
Mohamed Brigui (CIL) and Ahmed Abdelkefi (TLF) obtain €27 million from Proparco
This amount will help to finance over 2,000 SMEs in Tunisia and allows the French agency to play a greater...
Construction & Infrastructure
30/10/2019 at 15h18, by Africa Business+
China Road and Bridge Corporation to develop Nouakchott fishing port for $93 million
The Chinese engineering and construction company has been awarded the tender in the country.
Commercial banking
25/10/2019 at 21h21, by Africa Business+
BCP vs. Attijariwafa Bank: a Moroccan duel in Tunisia
In September, Morocco’s Banque centrale populaire (BCP), headed up by Mohamed Karim Mounir, will purchase...
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