03/12/2009 Maghreb Confidential N°904

MOROCCO

Which Bank Will Settle in Malabo?

The chiefs of Morocco’s banks are displaying a keen interest in oil-rich Equatorial Guinea. And that’s specially the case because their countryman Roger Sahyoun, boss of SOMAGEC (Societe Maghrebine de Construction) is being ardently wooed by president Teodoro Obiang Nguema to build, among other things, all of the port infrastructure in the country. (...)   [203 words]   [€5]
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