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Finance and security, the main vehicles of Kagame's diplomacy
Erdogan sets out to conquer Africa

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MOROCCO

Princess Lalla Asmae soon to be queen of private universities thanks to Yamed Capital

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“Makhzen Inc. or the ever more prosperous business empire of Mohammed VI's entourage”
MOROCCO

Makhzen Inc. or the ever more prosperous business empire of Mohammed VI's entourage

Mohammed VI's private holding company Al Mada is not the only one of its kind! Although Al Mada plays an ever more important role in the Moroccan economy, other members of the royal family are battling for leading roles in an increasing number of different economic sectors, including property, tourism, higher education and even aviation. The king's private secretary, Mounir el-Majidi, who also heads Al Mada, is notmissing out either. He has built up a little telecommunications empire, while members of his clan have gone into construction and security, often as sub-contractors to the companies of the royal family. [...]
King Mohammed VI's sister has injected 207m dirhams into Yamed Education 01, a company that invests in the high-potential market of university campuses and student accommodation. [...] (444 words)
Issue dated 08/12/2020 Reading time 2 minutes
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