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Morocco

Steelmaking: Morocco suffers arbitration setback against Scholz Holding

Morocco has failed to halt the ICSID arbitration action brought by the German firm Scholz Holding, which is seeking $20m in compensation.

Subscribers only Business 23.06.2020

Ex-Akhannouch and Boutgueray finance exec Tibari Friha goes solo

Tibari Friha has set up his own company, Best Practice Financial Consulting (BPFC), in Casablanca.

Subscribers only Business 22.06.2020

Moroccan-Kuwaiti Al Ajial Holding closes its CMKD Croissance fund

The Moroccan-Kuwaiti Al Ajial Holding turns the page on its investment activity. It closed its CMKD Croissance fund on 10 June.

Subscribers only Business 18.06.2020

Ex-ambassador to Paris Fathallah Sijilmassi sets up advisory firm

The former top diplomat has started selling his expertise through a new company, Positive Agenda Advisory.

Subscribers only Business 17.06.2020

The Caisse de Dépôt recapitalises its four-star hotels

The Caisse de Dépôt et de Gestion is pulling out all the stops for the hotels owned by its tourism investment subsidiary Madaëf.

Subscribers only Business 12.06.2020

Gas shortages put brakes on OCP's fertiliser plans

When presented in 2016 it was to drive OCP's expansion across the continent, but the project to build fertiliser plants in several African nations has snagged on the Moroccan sector giant's own strategy in Ethiopia and Ghana: rely on local gas supplies.

Subscribers only Mining 11.06.2020

Property tycoon Saïd Alj backed by American pension funds

Aevitas, a property company sponsored by US pension funds for civil servants in Washington state, has set up a subsidiary with the powerful property developer Saïd Alj.

Subscribers only Business 11.06.2020

Maroc Télécom places Taoufik Daidai at helm of MT Cash

Maroc Télécom is firing on all cylinders to get its mobile payment activity off the ground. As Africa Intelligence understands, [...]

Subscribers only Business 10.06.2020

Mazars, ESL and Frost court Industry Minister Moulay Hafid Elalamy

The minister of industry is due to select a business intelligence firm to set up a new strategic monitoring arsenal. Though he has often favoured foreign consultants in the past, this time he may be inclined to recruit more "locally".

Subscribers only Business 08.06.2020

Sunk by royal command in Rabat marina, Boulgoute bobs back to surface with new office complex

The head of Marita Group is putting up a large commercial building in Rabat's poshest district.

Subscribers only Business 04.06.2020

Construction federation to launch public works college

FNBTP, Morocco's national building and public works federation, wants to train the country's future construction professionals. On 21 May it decided to set up its own educational body.

Subscribers only Business 04.06.2020

Groupe Tadlaoui expands its African distribution business

Distribution specialist Groupe Tadlaoui is pulling out all the stops. [...]

Subscribers only Business 03.06.2020

In Focus
Mohammed VI to recapitalise his Al Mada holding company with funds from farmers' mutual insurance group

Faced with the worst economic crisis of his reign, the king plans to refinance his private holding company Al Mada via a $500m bond issue. The main subscriber is likely to be mutual smallholders' insurance group MAMDA-MCMA, which has already got him out of difficulty on several occasions in the past.

Subscribers only Business 01.06.2020

Royal Business: From La Mamounia to Western Saharan wind farms, CMS becomes Mohammed VI's favourite construction firm

Controlled by Mohammed VI's former 'steward' Zouhair Fassi Fehri, Construction Management Services keeps bagging plum contracts, from renovating the opulent La Mamounia hotel in Marrakesh, to building Nareva's wind farm in Boujdour.

Subscribers only Business 29.05.2020

Marrakesh's legendary luxury hotel La Mamounia.

Moulay Hafid Elalamy withdraws definitively from healthcare sector

On 21 May, industry minister and Saham boss Moulay Hafid Elalamy sold off the last clinic belonging to his Meden Healthcare subsidiary as part of a drive to streamline the activities of his holding company.

Subscribers only Business 28.05.2020

Morocco's Industry Minister Moulay Hafid Elalamy.

Lobbying: Rabat re-opens channel to US Democrats via Glover Park

Mohammed VI wants to keep all doors to the United States open in the runup to November's presidential election.

Subscribers only Diplomacy 25.05.2020

Private firm Sentinel lands security contract with EU delegation

The private security firm Sentinel (formerly SMS Security Consultancy) owned by the Frenchman Gilles Bourguignon is to assume responsibility for the security arrangements and personal safety of the delegation of the European Union (EU) in Morocco.

Free access Business 22.05.2020

Covid-19 app developers well-placed for next version contract

Wiqaytna, the mobile application for tracking Covid-19 cases, has not cost the Moroccan state a penny. It was developed in April by a number of Moroccan companies. It could, however, help some of them with good political connections to get into a good position for the development contract for the second version.

Subscribers only Business 19.05.2020

Finance Minister Mohamed Benchaâboun snubs Richard Attias's virtual summit

Prominent events planner Richard Attias, once a perennial leading light in his native Morocco, is struggling to revive his top-level connections there. According to our sources, Finance Minister Mohamed Benchaâboun has not even replied to an invitation to take part in a 19 May virtual round table organised by his firm, Richard Attias & Associates.

Subscribers only Diplomacy 18.05.2020

Spotlight
Reacting still distributing health ministry medicines despite recent scandals

Linked to preferential treatment scandals at the health ministry, Reacting remains on good terms with Khalid Aït Taleb. It recently landed a new public contract to distribute medicines for the ministry in Berrechid and Casablanca.

Subscribers only Business 15.05.2020

Khalid Aït Taleb, Minister of Health since September 2019.

Construction mogul Mohamed Bouzoubaa moves into real estate development

The Covid-19 crisis has done nothing to dampen Mohamed Bouzoubaa's real estate ambitions. On 6 March, the head of construction giant TGCC set up a property development company called BFO Office.

Subscribers only Business 15.05.2020

Troubled times for Adil Douiri's private CFG Bank

Adil Douiri's private CFG Bank has hit turbulence. The RCAR pension fund's share purchase may offer a lifeline after its unsuccessful conversion into universal hybrid bank. This is without counting on internal divisions as director Souad Benbachir leaves her administrative seat.

Subscribers only Finance, Business 14.05.2020

Fintech: Maroc Télécom struggles as mobile money boss disembarks and new app flops

The national operator Maroc Télécom has just sacked Mehdi Housni, chief executive of its specialist subsidiary MT Cash, just as the country's late mobile money roll-out is hampering its response to the coronavirus crisis being led by Mohammed VI.

Subscribers only Finance, Business 13.05.2020

TGCC and Inter Tridim win contract for Casablanca tramway and bus maintenance centre

TGCC and Inter Tridim have won a contract to build [...]

Subscribers only Infrastructure, Business 07.05.2020

RNI favourite, Southbridge A&I, snatches new contract with tourism ministry

Hassan Belkhayat's consultancy Southbridge A&I, which had been keeping a low profile since the 2017 Southbridge affair, has won a 1.8m dirham contract to overhaul the Maison de l'Artisan. With trouble brewing in the RNI party, the award of a government contract to those close to the ruling party could cause further turmoil.

Subscribers only Business 06.05.2020

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Morocco

Steelmaking: Morocco suffers arbitration setback against Scholz Holding

Ex-Akhannouch and Boutgueray finance exec Tibari Friha goes solo

Moroccan-Kuwaiti Al Ajial Holding closes its CMKD Croissance fund

Ex-ambassador to Paris Fathallah Sijilmassi sets up advisory firm

The Caisse de Dépôt recapitalises its four-star hotels

Gas shortages put brakes on OCP's fertiliser plans

Property tycoon Saïd Alj backed by American pension funds

Maroc Télécom places Taoufik Daidai at helm of MT Cash

Mazars, ESL and Frost court Industry Minister Moulay Hafid Elalamy

Sunk by royal command in Rabat marina, Boulgoute bobs back to surface with new office complex

Construction federation to launch public works college

Groupe Tadlaoui expands its African distribution business

In Focus
Mohammed VI to recapitalise his Al Mada holding company with funds from farmers' mutual insurance group

Royal Business: From La Mamounia to Western Saharan wind farms, CMS becomes Mohammed VI's favourite construction firm

Moulay Hafid Elalamy withdraws definitively from healthcare sector

Lobbying: Rabat re-opens channel to US Democrats via Glover Park

Private firm Sentinel lands security contract with EU delegation

Covid-19 app developers well-placed for next version contract

Finance Minister Mohamed Benchaâboun snubs Richard Attias's virtual summit

Spotlight
Reacting still distributing health ministry medicines despite recent scandals

Construction mogul Mohamed Bouzoubaa moves into real estate development

Troubled times for Adil Douiri's private CFG Bank

Fintech: Maroc Télécom struggles as mobile money boss disembarks and new app flops

TGCC and Inter Tridim win contract for Casablanca tramway and bus maintenance centre

RNI favourite, Southbridge A&I, snatches new contract with tourism ministry

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Indigo Publications' websites

About Africa Intelligence

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Indigo Publications' websites

Ibrahim Traoré

Virtus Minerals

Paul Kagame

Savannah Energy

Denis Sassou-Nguesso

Morocco

Steelmaking: Morocco suffers arbitration setback against Scholz Holding

Ex-Akhannouch and Boutgueray finance exec Tibari Friha goes solo

Moroccan-Kuwaiti Al Ajial Holding closes its CMKD Croissance fund

Ex-ambassador to Paris Fathallah Sijilmassi sets up advisory firm

The Caisse de Dépôt recapitalises its four-star hotels

Gas shortages put brakes on OCP's fertiliser plans

Property tycoon Saïd Alj backed by American pension funds

Maroc Télécom places Taoufik Daidai at helm of MT Cash

Mazars, ESL and Frost court Industry Minister Moulay Hafid Elalamy

Sunk by royal command in Rabat marina, Boulgoute bobs back to surface with new office complex

Construction federation to launch public works college

Groupe Tadlaoui expands its African distribution business

In Focus Mohammed VI to recapitalise his Al Mada holding company with funds from farmers' mutual insurance group

Royal Business: From La Mamounia to Western Saharan wind farms, CMS becomes Mohammed VI's favourite construction firm

Moulay Hafid Elalamy withdraws definitively from healthcare sector

Lobbying: Rabat re-opens channel to US Democrats via Glover Park

Private firm Sentinel lands security contract with EU delegation

Covid-19 app developers well-placed for next version contract

Finance Minister Mohamed Benchaâboun snubs Richard Attias's virtual summit

Spotlight Reacting still distributing health ministry medicines despite recent scandals

Construction mogul Mohamed Bouzoubaa moves into real estate development

Troubled times for Adil Douiri's private CFG Bank

Fintech: Maroc Télécom struggles as mobile money boss disembarks and new app flops

TGCC and Inter Tridim win contract for Casablanca tramway and bus maintenance centre

RNI favourite, Southbridge A&I, snatches new contract with tourism ministry

Create a notification

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

In Focus
Mohammed VI to recapitalise his Al Mada holding company with funds from farmers' mutual insurance group

Spotlight
Reacting still distributing health ministry medicines despite recent scandals