Latest News Maghreb & Middle East
Bank
25/07/2022 at 18h33, by Africa Business+
Bank of Africa increases control of Uganda subsidiary BOA
The shareholding in the Ugandan subsidiary rises slightly while voting rights soar.
Energy
22/07/2022 at 17h59, by Africa Business+
STEG CEO Mohamed Ammar rolls out $22m smart grid project with Sagemcom, Siame, Tunisie Câbles and others
Mohamed Ammar, CEO of the Société tunisienne de l’électricité et de gaz (STEG), is continuing to implement...
Agri-food industry
22/07/2022 at 17h19, by Africa Business+
Morocco: the advisors in sale of Bel’s Safilait to Polmlek
Polmlek’s acquisition of the Moroccan dairy company Safilait from the French group Bel is the first...
Renewable energies
21/07/2022 at 17h35, by Africa Business+
Masen and EDF teams behind €140 million wind turbine power plant refurbishment
This operation, unprecedented on the continent, will see the turbines of the Nassim Koudia Al Baida...
Land transport
21/07/2022 at 17h28, by Africa Business+
China’s CRBC may pull off a double on the Achemim–N’Beiket Lehwach corridor
CRBC appealed the cancellation of Lot 2, awarded to the public construction company ATTM, bringing an...
Bank
21/07/2022 at 17h20, by Africa Business+
Attijariwafa hoping to close its SME fund soon
The first Moroccan bank is multiplying initiatives in favour of this category of companies, mainly those...
Agribusiness
19/07/2022 at 17h09, by Africa Business+
OCP Africa mobilises 550,000 tonnes of fertiliser for the continent
The African subsidiary of the Moroccan giant headed by Mostapha Terrab launched an emergency programme...
Mines
15/07/2022 at 15h24, by Africa Business+
Mauritania pockets €48m Saudi cheque to develop iron ore mine
The Guelb Atomai field is operated by a joint venture owned equally by SNIM and SABIC.
Hospitality & Tourism
15/07/2022 at 15h13, by Africa Business+
Mossadeck Bally’s Nouakchott hotel extension blocked by SNIM
The founder of the Azalaï chain wanted to double the size of his hotel, but the agreement that links...
Construction & Infrastructure
13/07/2022 at 16h42, by Africa Business+
Egypt’s EGAAD to inaugurate Antananarivo bureau to promote its contracts
The Egyptian African Arab Co. For Development (EGAAD) is making headway in Madagascar.
Air transport
12/07/2022 at 17h11, by Africa Business+
Tunisia: Cap Bank’s Habib Karaouli seeks strategic shareholder for TTS group’s Nouvelair
The head of the investment bank has the task of finding a buyer for the Tunisian state’s stake in the...
Renewable energies
12/07/2022 at 16h32, by Africa Business+
Masen : Rachid Bayed takes over from Tarik Hamane
The director of the operations division of the Moroccan Agency for Sustainable Energy becomes the number...
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