Latest News Maghreb & Middle East
Rail transport
31/12/2019 at 16h00, by Valentin Grille
EIB and EBRD launch four calls for tenders for the upgrading of the Tunis Metro
The two financial institutions will jointly finance the renewal of 18 Transtu metro trains, with loans...
Bank
19/12/2019 at 14h27, by Africa Business+
In its hurry to leave the continent, BPCE misses a good deal with BTK
Morocco’s Banque Centrale Populaire (BCP), which hoped to buy back the shares held by BPCE, received...
Construction & Infrastructure
16/12/2019 at 14h35, by Africa Business+
While waiting for an upturn in performance, Addoha Maroc (Anas Sefrioui) increases its capital by $84m (+25%)
With a previous contribution of 1.17 billion dirhams ($121m), the main shareholder has already rebalanced...
Mines
13/12/2019 at 20h27, by Gaëlle Arenson
Endeavour Mining not ruling out a hostile bid for Egypt’s Centamin in early 2020
Billionaire businessman Naguib Sawiris owns 30% of Endeavour through his La Mancha Holding Sarl.
Commercial banking
13/12/2019 at 18h14, by Africa Business+
Attijari raises 2bn dirhams and prepares for changes in prudential rules
Attijariwafa Bank is to borrow 2bn dirhams ($208m) on the private debt market in Morocco. This operation...
Air transport
13/12/2019 at 11h09, by Mathieu Galtier
Jasmin Airways: the new charter airline headed by Ali Ben Amara
The new Tunisian private airline is due to start offering charter flights between the two shores of...
Logistics
12/12/2019 at 16h46, by Africa Business+
China Harbour Engineering Company (CHEC) to build and operate Nouadhibou deepwater port
An outcome that was predicted in a report by Jeune Afrique Business+ in September.
Telecoms
12/12/2019 at 16h21, by Africa Business+
The EIB endorses Tunisie Telecom’s growth plans in Europe
Malta’s leading telephone operator, GO plc, a subsidiary of Tunisie Telecom, is the first company in...
Renewable energies
11/12/2019 at 16h39, by Aurelie Benoit
Renewables: Hussain AlNowais signs power purchase agreements for two mega-projects in Egypt
The Emirati businessman has signed power purchase agreements (PPAs) for two forthcoming renewable energy...
Oil & Gas
11/12/2019 at 14h20, by Pierre-Olivier Rouaud
Sonatrach’s pre-emption right on Anadarko’s assets: Total adopts a low profile
Mohamed Arkab, the Minister of Energy, wants Algeria to step in ahead of Total and buy up the assets...
Agri-food industry
10/12/2019 at 16h14, by Africa Business+
Tunisian Chemical Group (GCT)’s new phosphate plant “will quickly be blockaded” (Amal Environmental Protection Association, Gafsa)
After six years of delays due to a mass of post-revolution social protests, the Mdhilla 2 triple superphosphate...
Commercial banking
09/12/2019 at 15h22, by El Mehdi Berrada
Crédit Agricole du Maroc issues debt prior to increasing its equity capital (700 million-1 billion dirhams)
Managers at the publicly owned bank, which is focused on providing support to customers in rural communities,...
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