Latest News Morocco
Renewable energies
05/06/2020 at 17h09, by Africa Business+
After resigning from Platinum Power, Omar Belmamoun bounces back with Total
The Moroccan energy company’s former leader is taking on a new role within the French giant’s renewable...
Electricity
02/06/2020 at 16h11, by Africa Business+
TAQA Morocco spends €138m to extend its electricity supply contract
While the right-of-use of the power plant has been extended for around ten years, the fund-raising required...
Automobile manufacturing
29/05/2020 at 17h16, by Africa Business+
Renault in North Africa: Somaca plant expansion put on hold, but Tangier and Oran are spared
Announced at the end of 2018, the plan to double the capacity of the Somaca plant located in Casablanca...
News
28/05/2020 at 16h56, by Africa Business+
EBRD sheds part of its stake in Aradei ($50m)
The South African Government Employees Pension Fund (GEPF) acquires shares in Aradei Capital.
Office Accommodation
25/05/2020 at 15h38, by Africa Business+
Aradei Capital still interested in IPO
The ambition stated by the property company’s management and shareholders over the last few months remains...
Education
21/05/2020 at 17h47, by Africa Business+
Helios is on its way to taking a controlling stake in Morocco’s MK Holding (Mohamed Kabbaj)
Less than two years after joining a funding round for MK Holding Group (MKH), Helios Investment Partners...
Oil & Gas
19/05/2020 at 18h04, by Africa Business+
Total Maroc’s investigation by the Competition Council weighs down its share price
Total’s overseas subsidiary joins the list of hydrocarbon suppliers suspected of anti-competitive practices...
Bank
18/05/2020 at 15h27, by Africa Business+
In Morocco, Marie-Alexandra Veilleux-Laborie (EBRD) also offers support to CaixaBank (€40m)
After signing a large cheque for BMCE, the European institution is working on a finance package in support...
Large-scale distribution
15/05/2020 at 17h24, by Africa Business+
“Our long-term plan is the development of our e-commerce platform” (Zouhair Bennani, Label’Vie)
Label’Vie’s CEO took some time out to speak to Jeune Afrique Business+ at the webinar organised yesterday...
Large-scale distribution
15/05/2020 at 16h23, by Africa Business+
“Our long-term plan is the development of our e-commerce platform” (Zouhair Bennani, Label’Vie)
Label’Vie’s CEO took some time out to speak to Jeune Afrique Business+ at the webinar organised yesterday...
Industry
11/05/2020 at 16h22, by Africa Business+
In Morocco, Maghreb Steel struggles to find a strategic partner as its losses grow
The Kingdom’s second-largest steelworks is structurally loss-making, facing high production costs and...
Tourism
07/05/2020 at 15h03, by Africa Business+
T Capital weighs down CFG Bank’s accounts with more than €13m in bad debt
As the unprecedented crisis linked to Covid-19 hits the tourism sector, the Moroccan investment fund...
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