Latest News Maghreb & Middle East
Private Equity
27/09/2022 at 17h04, by Africa Business+
Oui Capital’s $30m second fund targets Francophone Africa
Based between the US and Nigeria, the vehicle is looking at French-speaking countries and North Africa.
Industry
23/09/2022 at 15h42, by Pierre-Olivier Rouaud
Suez still determined to lead reintegration of Lydec
The Moroccan authorities have yet to give the green light for Suez to take over the water and electricity...
Private Equity
22/09/2022 at 15h54, by Africa Business+
Medical equipment : SPE Capital targets French SME and optimisation of value chain in Africa
The capital investor, headquartered in Cairo and with offices in Tunis, Casablanca, Abidjan and Paris,...
Industry
22/09/2022 at 15h48, by Africa Business+
France signs financing agreement for rolling stock for phase 2 of the Dakar TER
Alstom will supply seven additional Coradia Régiolis trains as part of the line extension, which will...
Electricity
20/09/2022 at 14h42, by Africa Business+
SOMELEC’s Cheikh Abdellahi Bedda selects Zcet/Akilee for $32 million smart meter project
The Mauritanian manager decided on this duo, led by the Chinese specialist and a company sponsored by...
Renewable energies
19/09/2022 at 22h15, by Africa Business+
Siemens and Endesa strive to recuperate investments in the Tahaddart Power Plant (Morocco)
Unable to collect dividends on their shares in the company’s share capital due to a dispute over land,...
Bank
19/09/2022 at 22h12, by Africa Business+
Pierre Bérégovoy is the new CEO of BNP Paribas in Algeria
Aged 59, the new CEO has spent his entire career spanning nearly 37 years at the French bank BNP Parisbas....
Advisory
17/09/2022 at 08h45, by Africa Business+
France’s Setec outrivals Egis to advise Dakar on the Youth Olympic Games
The Senegalese capital, which will host the Games in 2026 – a first on the continent – launched a call...
Private Equity
17/09/2022 at 08h43, by Africa Business+
“Three to four exits to be announced in late 2022 or early 2023” (Maroc Numeric)
Maroc Numeric Fund II details its investment pace for the last quarter.
Energy
16/09/2022 at 07h50, by Africa Business+
Deliberations suspended in Associated Energy case against Egypt
At the heart of the case is the aviation fuel provider’s decision to summon two Egyptian parties under...
Bank
14/09/2022 at 07h44, by Africa Business+
Tunisia : Crédit Mutuel group’s shares in Astrée Assurances reclassified
The percentage of voting rights remains unchanged at 30%.
Construction & Infrastructure
11/09/2022 at 13h39, by Africa Business+
ONEE disqualifies Abengoa-Engie for Casablanca desalination contract
As anticipated by Africa Business+ this summer, the French-Spanish consortium was excluded by Morocco’s...
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