Inside the alliance between Youssef Moamah’s CMGP and the Comptoir Agricole du Souss
Supported since 2018 by Development Partners International (DPI), Moroccan irrigation firm Compagnie Marocaine de Goutte-à-Goutte et de Pompage (CMGP) has acquired Comptoir Agricole du Souss (CAS). Jeune Afrique Business+ reveals the details behind the transaction, which is estimated to be worth $100m.
Someone shares this article with you
▪ Inside the alliance between Youssef Moamah’s CMGP and the Comptoir Agricole du Souss
▪ Supported since 2018 by Development Partners International (DPI), Moroccan irrigation firm Compagnie Marocaine de Goutte-à-Goutte et de Pompage (CMGP) has acquired Comptoir Agricole du Souss (CAS). Jeune Afrique Business+ reveals the details behind the transaction, which is estimated to be worth $100m.
▪ https://www.africabusinessplus.com/en/806207/inside-the-alliance-between-youssef-moamahs-cmgp-and-the-comptoir-agricole-du-souss/
Launched before the Covid-19 crisis and made official on 24 November 2020, the deal was led by CMGP’s founder and President Youssef Moamah, and its CEO, Younes Al Abadan, in collaboration with Jacques Alleon, CEO of CAS, and Sofiane Lahmar, partner at DPI (formerly of JP Morgan and previously partner at Kingdom Zephyr Africa Management).
This article is for subscribers only. To read more, subscribe with a special offer.
You are connected to your Jeune Afrique account but your Africa Business+ subscription does not allow you to consult the English version. To update your subscription, contact us by clicking here.
Recommended articles
Agri-food industry
20/04/2022 at 16h46, by Africa Business+
Moroccan CMGP-CAS to open three subsidiaries in 2022
Despite the crisis in Ukraine upsetting its double-digit growth objectives, the specialist in precision...
Agri-food industry
28/05/2021 at 17h03, by Africa Business+, updated 31/05/2021
Agri Resources Benin head Eric Adjovi to sign rice concession by July
A Jeune Afrique Business+ exclusive.
Any questions ? contact us
Please get in touch with the Africa Business+ team if you require any further information.
Email us : customer.care@africabusinessplus.com
Add AB+ to your home screen
1. Click on at the bottom of your screen.
2. Click on to add AB+ on the home screen.
3. Enter the name of the shortcut and confirm.