Latest News Morocco
Logistics
11/03/2020 at 14h21, by Valentin Grille
Idriss Elasri, logistics expert, new CEO of Altran Morocco
The Moroccan division of the French group is recruiting its new boss from LafargeHolcim.
Insurance
04/03/2020 at 16h31, by Africa Business+
In 2020, Saham Insurance to focus on profitable customers and combating fraud
Under pressure from its parent company, South African giant Sanlam, which has the distinction of never...
Health
03/03/2020 at 17h12, by Aurelie Benoit
Signature due soon between SPE and Saham for the sale of the Saham Pharma division
The private equity firm, a spinoff of the investment bank Swicorp, will finalise the takeover of the...
Health
28/02/2020 at 15h48, by Africa Business+
Humania (Bait Al Batterjee) will expand its hospital network in Morocco and Egypt with the help of $99 million from the IFC
The Islamic financing arranged by the IFC (the World Bank) should cover more than a quarter of the investments...
New technologies
28/02/2020 at 15h34, by Africa Business+
Germany’s GreenTec Capital Partners invests in the “Uber of HR” in Morocco
The venture building company is close to corporations like AFD and GIZ and bolsters start-ups’ potential...
Mines
25/02/2020 at 17h30, by Gaëlle Arenson
AMG (Luc Gerard Nyafe) finally takes control of CMT, the leading producer of lead and silver in Morocco, with a $25 million acquisition
The very profitable Compagnie minière de Touissit (CMT) generated €26.5 million in dividends in 2018....
Bank
20/02/2020 at 17h15, by Africa Business+
After BOA, Banque Populaire and CIH Bank, Société Générale Maroc has its sights set on real-estate investments with Nema Capital
The French bank’s Moroccan subsidiary is following the lead of its three competitors by entrusting Yamed...
Insurance
18/02/2020 at 16h17, by Africa Business+
Alami Lazraq increases his stake in Alliances Développement immobilier’s share capital (€28 million) with the aim of restoring investor confidence
The head of the real-estate developer gave a boost to his shareholding in ADI’s capital by converting...
Oil & Gas
17/02/2020 at 20h14, by Aurelie Benoit
Hydrocarbons: Sound Energy’s Mohammed Seghiri faces trouble in Tendrara, Morocco
Already late with its agreement with ONEE (Morocco’s electric and drinking water utility), the British...
Large-scale distribution
17/02/2020 at 16h17, by Africa Business+
Moncef Belkhayat acquires Fater Morocco for $25 million
The Moroccan businessman and former minister continues to expand his group. On 14 February, Dislog Group...
Industry
07/02/2020 at 18h06, by Aurelie Benoit
With AfricInvest and Bpifrance at its side, Piriou wants to bolster its position in North Africa
The shipbuilder and ship repair specialist from Brittany, France takes on new shareholders to continue...
Agri-food industry
05/02/2020 at 16h32, by Africa Business+
Al Karama (Ynna Holding) seeks to cut costs with third bottling plant
The Chaabi family company is opening a new unit in the Rabat region to compete with big beverage companies...
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