Latest News Maghreb & Middle East

Bank

06/02/2024 at 19h04, by Africa Business+

Nabil Essassi’s Assurances Maghrebia to take over Société générale’s UIB in Tunisia

Union Internationale de Banques Tunisienne is currently majority-controlled by Société Générale. 

Construction & Infrastructure

05/02/2024 at 16h45, by Africa Business+

Vinci, Razel-Bec, Sinohydro, and Hassan Allam compete for $500m Mauritanian wastewater project

Long-awaited by the people of Nouakchott, President Mohamed Cheikh Ghazouani’s project to build a sewerage...

Agribusiness

02/02/2024 at 17h55, by Africa Business+

Morocco: Nama Holding, CDG Invest subsidiary, acquires stake in Baltimar, a Tazi family concern

CDG Invest’s subsidiary continues to acquire stakes in leading Moroccan companies.

Consumer goods & Retail

02/02/2024 at 17h36, by Africa Business+

Jettou opens Shoeleven Company to Turkish player

The business family led by former Moroccan premier Driss Jettou breathes a sigh of relief after a troubled...

Agribusiness

01/02/2024 at 18h23, by Samba Camara

Zalar Holding sells majority stake in Graderco to UAE’s Invictus

The Abu Dhabi Securities Exchange (ADX) listed company is strengthening its presence on the continent...

Industry

01/02/2024 at 16h00, by Africa Business+

Sinohydro leads the way in modernising Tunisia’s wastewater treatment

The Chinese giant, active in Africa, has just won one of the many contracts to modernise Tunisia’s wastewater...

Agribusiness

31/01/2024 at 17h46, by Africa Business+

EBRD supports Egyptian microfinance subsidiary of EFG Hermes 

Tanmeyah, acquired by Egypt’s leading private financial group in 2016, will receive a loan, one focused...

Consumer goods

29/01/2024 at 18h43, by Africa Business+

EBRD funds Turkish group Koç Holding’s first home appliance factory in Egypt

Arçelik, a subsidiary of Koç Holding known for its Beko brand, is about to open an industrial plant...

Transport & Logistics

29/01/2024 at 16h28, by Africa Business+

France’s Iveco eyes wider African bus sales

The Iveco Group is busy delivering 370 buses to modernise urban transport in Dakar but has its sights...

Maritime transport

26/01/2024 at 18h51, by Africa Business+

Industry

26/01/2024 at 17h30, by Africa Business+

Veolia given two-month reprieve to sell Lydec in Morocco 

After again failing to sell the former Suez subsidiary, the French group has asked the Moroccan regulator...

Employment & training

26/01/2024 at 15h29, by Africa Business+

After France and Côte d’Ivoire, Mohammed VI Polytechnique University sets sights on Canada

The French division of Université Mohammed VI Polytechnique, UM6P France, is scheduled to open in Paris...

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