Latest News Maghreb & Middle East

Renewable energies

28/01/2020 at 17h10, by Africa Business+

Gafsa solar power plant: Engie-Nareva duo to provide financing

After winning the public tender for a 120MW photovoltaic power station, the Franco-Moroccan consortium...

Investment banking

28/01/2020 at 15h46, by Africa Business+

The Mabrouk family casts its eye on Fadhel Abdelkefi’s Tunisie Valeurs to create a financial giant

BIAT, Tunisia’s leading bank, has declared its intention of acquiring more than 50% of the capital of...

Bank

23/01/2020 at 13h12, by Africa Business+

Mohamed Cheikh El Kebir promoted Governor of the Central Bank of Mauritania

Previously Minister of Economy and Finance, he took over on 20 January from Abdel Aziz Dahi who has...

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...

Land transport

22/01/2020 at 14h49, by Africa Business+

With the acquisition of the Moroccan company Satcoma Voyageurs, CTM continues to wager on intercity travel

In search of organic growth, the company is turning to acquisitions to consolidate its lead in intercity...

Agri-food industry

21/01/2020 at 18h25, by Africa Business+

NCA Rouiba formalises its move to come under the control of Castel (BIH): Othmani remains Chairman

Led by Slim Othmani, the “project of linking NCA Rouiba to the BIH group” provides for a capital increase...

Health & Education

20/01/2020 at 13h27, by Aurelie Benoit

Elsan signs for a 3rd clinic in Morocco: “we need to adopt a position now” (Paolo Silvano)

The leading private sector healthcare operator in France is set to open a new clinic in Morocco and...

Hotel business

18/01/2020 at 16h35, by Tarik Bargal

CIH Bank sells Club Sangho to KMR Groupe, which is expanding in the hotel business in Morocco

Following acquisitions of university campuses and clinics, the group led by Mohamed Kabbadj is buying...

Bank & Insurance

17/01/2020 at 16h08, by Africa Business+

Morocco’s pension fund targets real estate investments to increase returns

In addition to the traditional sector of equities and bonds, new regulatory provisions broaden the segments...

Air transport

16/01/2020 at 18h50, by Aurelie Benoit

Airport of Mauritius set to obtain $111m for Rodrigues Island airport

The operator wants to extend the runway with support from the French Development Agency and the European...

Health

16/01/2020 at 16h34, by Gaëlle Arenson

Brahim El Jai oversees AfricInvest’s divestment from Polymedic (Mohamed Houbachi) in Morocco

The exit operation has not yet received the green light from all parties. It coincides with the establishment...

Advisory

15/01/2020 at 17h23, by Aurelie Benoit

With Tunisia, the Andersen wave continues to sweep across Africa; Morocco and Algeria are set to follow suit

The tax consultancy is still advancing its troops on the continent. Last opening to date: Tunisia where...

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