Latest News Morocco

Bank & Insurance

06/05/2021 at 00h21, by Jeune Afrique Business+

Said Alj steps down from the presidency of Saham Assurance Maroc after selling his shares to Sanlam

By cashing in €116 million from the South African financial group, the Moroccan tycoon has access to...

Bank & Insurance

30/04/2021 at 17h46, by Jeune Afrique Business+

Banque Populaire and Bank of Africa decline to participate in the capital increase of Banca UBAE

After closing the transaction of €81 million, the two Moroccan financial institutions see their stakes...

Energy

26/04/2021 at 19h37, by Jeune Afrique Business+

Mitsui advances €112 million to Moroccan Safi Electricity Company

The credit should enable the Kingdom’s second-largest power plant to increase its working capital and...

Agribusiness

22/04/2021 at 18h58, by Jeune Afrique Business+

Ibrahim Belkora’s Agro Juice Processing seeks a third of its turnover from West Africa

Thanks to the export of new products, the juice producer seeks to conquer the rest of the continent and...

Bank & Insurance

22/04/2021 at 18h45, by Jeune Afrique Business+

Attijariwafa Bank takes a higher stake in Arab Maghreb Union’s BMICE

The transaction, involving the acquisition of 2.8% of the shares, allows Morocco to maintain its quota...

Telecoms & Media

19/04/2021 at 19h57, by Jeune Afrique Business+

Why Tactis chose Morocco for its second African location

Jeune Afrique Business + takes a look at the current French contracts, leading with the installation...

Bank & Insurance

14/04/2021 at 19h31, by Jeune Afrique Business+

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.

Bank & Insurance

09/04/2021 at 19h30, by Jeune Afrique Business+

Kamal Mokdad takes over BCP’s 2021-2026 strategic plan

Jeune Afrique Business + provides a deeper insight.

Agribusiness

09/04/2021 at 19h02, by Jeune Afrique Business+

Guarantee fund: “Clifford Chance has submitted recommendations for future prudential regulations in Morocco”, says counsel Ouns Lemseffer

The international firm recently mobilized Mustapha Mourahib, Managing Partner of the Casablanca office...

Energy

08/04/2021 at 19h09, by Jeune Afrique Business+

ONEE receives €5 million after Energie Électrique de Tahaddart completes a 15% buy-back

According to Jeune Afrique Business + sources, the power plant’s shareholders, including German conglomerate...

Transport & Logistics

07/04/2021 at 21h22, by Jeune Afrique Business+

Royal Air Maroc rescue plan

Royal Air Maroc feels the full force of the air transport crisis linked to COVID-19, especially as the...

Trend

06/04/2021 at 21h09, by Jeune Afrique Business+

Will solar business pick up for Nareva after wind power foray during Bakkoury era?

Having failed in its attempt to position itself in solar, Nareva may see luck turned in its favour following...

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