Latest News Morocco

Hotel business

20/11/2019 at 17h06, by Africa Business+

Radisson Hotel Group plans to open around ten hotels in Casablanca, Rabat and Tangier

In the meantime, the group is opening its first establishment in Casablanca.

Bank

19/11/2019 at 16h53, by Aurelie Benoit

Kamal Mokdad (BCP) “goes green” thanks to the EBRD and the Green Climate Fund

The two institutions are seeking to grant loans to help the country’s second largest bank contribute...

Private Equity

19/11/2019 at 15h53, by Gaëlle Arenson

Lofti Boujendar (Caisse Marocaine des Retraites) banks on SEAF Morocco Growth Fund

The fund headed by Meriem Zairi is targeting a second closing of between $25m and $30m as reported by...

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...

Land transport

25/10/2019 at 21h14, by Tarik Bargal

With ALSA, National Express Group targets intercity transport in Morocco

Drawing on its more than 15 years’ experience in Morocco, where its revenue has increased dramatically,...

Oil & Gas

25/10/2019 at 20h40, by Africa Business+

Morocco: Moulay Youssef, cousin of Mohammed VI, sponsors Russian refinery project in Nador

In partnership with Rahal Boulgoute, president of the real estate company Marita Group, Moulay Youssef...

Consumer goods & Retail

23/10/2019 at 22h41, by Africa Business+

Crédit Agricole finances Edita-Dislog biscuit plant in Morocco

Egyptian company Edita Food and Moroccan distributor and importer Dislog are starting construction on...

Mines

21/10/2019 at 22h18, by Gaëlle Arenson

How Mostafa Terrab is transforming OCP Group’s governance

In a matter of a few years, the governance structure, comprised of four managing directors working under...

Industry

15/10/2019 at 21h48, by Africa Business+

Anas Sefrioui’s empire shifts to alternative fuels

Valocim, a new waste management company, is the latest venture in the property tycoon’s business empire....

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