Latest News Morocco
New technologies
28/02/2020 at 15h34, by Africa Business+
Germany’s GreenTec Capital Partners invests in the “Uber of HR” in Morocco
The venture building company is close to corporations like AFD and GIZ and bolsters start-ups’ potential...
Mines
25/02/2020 at 17h30, by Gaëlle Arenson
AMG (Luc Gerard Nyafe) finally takes control of CMT, the leading producer of lead and silver in Morocco, with a $25 million acquisition
The very profitable Compagnie minière de Touissit (CMT) generated €26.5 million in dividends in 2018....
Bank
20/02/2020 at 17h15, by Africa Business+
After BOA, Banque Populaire and CIH Bank, Société Générale Maroc has its sights set on real-estate investments with Nema Capital
The French bank’s Moroccan subsidiary is following the lead of its three competitors by entrusting Yamed...
Insurance
18/02/2020 at 16h17, by Africa Business+
Alami Lazraq increases his stake in Alliances Développement immobilier’s share capital (€28 million) with the aim of restoring investor confidence
The head of the real-estate developer gave a boost to his shareholding in ADI’s capital by converting...
Oil & Gas
17/02/2020 at 20h14, by Aurelie Benoit
Hydrocarbons: Sound Energy’s Mohammed Seghiri faces trouble in Tendrara, Morocco
Already late with its agreement with ONEE (Morocco’s electric and drinking water utility), the British...
Large-scale distribution
17/02/2020 at 16h17, by Africa Business+
Moncef Belkhayat acquires Fater Morocco for $25 million
The Moroccan businessman and former minister continues to expand his group. On 14 February, Dislog Group...
Industry
07/02/2020 at 18h06, by Aurelie Benoit
With AfricInvest and Bpifrance at its side, Piriou wants to bolster its position in North Africa
The shipbuilder and ship repair specialist from Brittany, France takes on new shareholders to continue...
Agri-food industry
05/02/2020 at 16h32, by Africa Business+
Al Karama (Ynna Holding) seeks to cut costs with third bottling plant
The Chaabi family company is opening a new unit in the Rabat region to compete with big beverage companies...
Advisory
05/02/2020 at 16h26, by Africa Business+
Morocco: Magenta law firm sides with Inwi in its battle against Maroc Telecom
In the Kingdom of Morocco, the leading mobile operator has had its wrists slapped by the regulator for...
Energy
03/02/2020 at 10h03, by Aurelie Benoit
Belmamoun not ruling out lawsuits after his departure from Platinum Power
The head of the Moroccan energy company and a director quit the company after a conflict with their...
Advisory
29/01/2020 at 17h06, by Africa Business+
Hicham Naciri advises Taqa Morocco on the extension of the contract with ONEE
The public water and electricity utility (Office National de l’Electricité et de l’Eau Potable – ONEE)...
Health
22/01/2020 at 14h58, by Aurelie Benoit
Morocco: Omar Tazi (Sothema) retires and hands over to his daughter Lamia
The daughter of the founder of the Moroccan pharmaceutical laboratory takes over as Chairman and CEO...
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