Latest News Morocco
Industry
04/05/2020 at 13h22, by Tarik Bargal
Lydec hopes to finalise revisions to its Casablanca delegated management contract in 2020
The Moroccan subsidiary of French group Suez is still waiting for standardisation of sole distribution...
Maritime transport
29/04/2020 at 16h54, by Aurelie Benoit
Nadia Laraki (ANP) to renovate eight Moroccan ports with €40m support from EBRD
The European institution is considering support for eight key ports in the Kingdom as part of the National...
Stock exchange
28/04/2020 at 16h45, by Africa Business+
Cosumar, Lesieur Cristal and Eaux Minérales d’Oulmes among the profitable companies cancelling dividends
No less than 15 companies listed on the Casablanca Stock Exchange have already decided not to distribute...
Automobile manufacturing
23/04/2020 at 17h58, by Africa Business+
Renault/Morocco: Why the announced resumption of operations caught the Africa regional division off guard
Renault Morocco’s announcement on 18 April that the Tanger Med and Casablanca plants are getting ready...
Bank
20/04/2020 at 16h44, by Africa Business+
Bank of Africa seeks to raise 1 billion dirhams by converting dividends
The €90 capital increase comes on top of the 3.6 billion dirhams (€325m) raised in 2019 to strengthen...
Agribusiness
08/04/2020 at 16h57, by Africa Business+
The companies taking over the Ivorian and Moroccan plantations of Canavèse, currently in receivership
The fruit and vegetable wholesaler Canavèse, based in Aubagne, near Marseille, France, declared itself...
Private Equity
08/04/2020 at 13h25, by Africa Business+
“The Covid-19 crisis, far from slowing us down, will act as a catalyst” (Tarik Haddi, Azur Innovation Fund)
Completed in mid-March, the Azur Innovation Fund (€31m) has become the largest funding vehicle dedicated...
Agribusiness
31/03/2020 at 09h34, by Estelle Maussion
The OCP Group establishes a network of task forces to combat Covid-19
On 2 March, the Moroccan phosphate and fertiliser manufacturer, which is due to publish its 2019 results...
Stock exchange
19/03/2020 at 18h08, by El Mehdi Berrada
Tarik Senhaji appointed as head of Casablanca Stock Exchange
Karim Hajji’s term of office as CEO of the Casablanca Stock Exchange (CSE) came to an end this month.
Health
18/03/2020 at 17h32, by Africa Business+
Moroccan fund to combat Covid-19: 15 billion dinars raised with biggest contributions from ANRT, OCP, Al Mada et al
The 10-billion dirham target for the fund dedicated to the management of the pandemic has already been...
Law firm
18/03/2020 at 16h53, by Aurelie Benoit
Covid-19: Fidal aims to bolster its strategic advisory service
The law firm, whose Africa practice is managed between Paris and Casablanca, seeks to reassure its clients...
Logistics
11/03/2020 at 14h21, by Valentin Grille
Idriss Elasri, logistics expert, new CEO of Altran Morocco
The Moroccan division of the French group is recruiting its new boss from LafargeHolcim.
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