Latest News Morocco
Tourism
07/01/2020 at 15h50, by Africa Business+
Saved from privatisation, La Mamounia Hotel comes under the management of Dounia Taârji (Hassan II Fund)
La Mamounia of Marrakech will not change hands and will not be privatized. The hotel as well as other...
Building materials
06/01/2020 at 16h29, by Africa Business+
Despite going into administration, Delattre Levivier Maroc has still not found a buyer
In the face of poor profitability and mounting levels of debt, the company managed by Jean-Claude Bouveur...
Construction & Infrastructure
16/12/2019 at 14h35, by Africa Business+
While waiting for an upturn in performance, Addoha Maroc (Anas Sefrioui) increases its capital by $84m (+25%)
With a previous contribution of 1.17 billion dirhams ($121m), the main shareholder has already rebalanced...
Commercial banking
13/12/2019 at 18h14, by Africa Business+
Attijari raises 2bn dirhams and prepares for changes in prudential rules
Attijariwafa Bank is to borrow 2bn dirhams ($208m) on the private debt market in Morocco. This operation...
Commercial banking
09/12/2019 at 15h22, by El Mehdi Berrada
Crédit Agricole du Maroc issues debt prior to increasing its equity capital (700 million-1 billion dirhams)
Managers at the publicly owned bank, which is focused on providing support to customers in rural communities,...
Bank
06/12/2019 at 17h24, by Africa Business+
Bankia follows in the footsteps of Caixa and Banco Sabadell in Morocco
A new Spanish bank is seeking to take advantage of growing trade links between Morocco and Spain.
Private Equity
04/12/2019 at 15h43, by Aurelie Benoit
MCP makes its last investment of the year, advised by Asafo and Allen & Overy
The law firm headed by Pascal Agboyibor has advised Mediterrania Capital Partners on its investment...
Logistics
03/12/2019 at 15h19, by Pierre-Olivier Rouaud
Militzer & Munch widens its logistics footprint in Morocco
The Swiss logistics group opens a fourth facility at Tanger Free Zone (TFZ) to keep pace with growth...
Oil & Gas
29/11/2019 at 16h46, by Africa Business+
Chevron/Akwa (Akhannouch family) to combine lubricant production and logistics at a single hub ($31m)
The Afriquia Lubrifiants joint-venture was established in 2006 and is now held in equal parts by the...
Telecoms
29/11/2019 at 16h45, by Quentin Velluet
Nawal Gharmili Sefrioui to head Orange Money Morocco
The French telecoms operator, which is due to launch its mobile payment system in the first quarter...
Industry
26/11/2019 at 15h19, by Pierre-Olivier Rouaud
French automotive parts manufacturer GMD opens a fifth plant in Morocco close to Renault
The €22m investment by Sealynx allows GMD to expand production of rubber seals for automotive manufacturers...
Telecoms & Media
25/11/2019 at 17h07, by Aurelie Benoit
Out-of-home advertising: Pikasso unveiled in Carrefour stores in Morocco
According to our sources, the Lebanese group has recently taken over Greenberry, the pioneering advertising...
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