Othman Benjelloun reduces Bank of Africa stake in Tanger Tech Development Company
The company is leading the Mohammed VI Tangier Tech City project, built with a Chinese partner.
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▪ Othman Benjelloun reduces Bank of Africa stake in Tanger Tech Development Company
▪ The company is leading the Mohammed VI Tangier Tech City project, built with a Chinese partner.
▪ https://www.africabusinessplus.com/en/807577/othman-benjelloun-reduces-bank-of-africa-stake-in-tanger-tech-development-company/
In 2017, when the Société d’aménagement Tanger Tech SA (SATT) was created with a capital of DH 500 million (€47 million), the Bank of Africa proceeded with the first release of DH 62.5 million, while the rest of the capital was not called.
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