Bank of Africa

Mauritania, Morocco
Moroccan businesses indulged in Nouakchott

An economic forum co-run last month by employers' associations of both countries gave Moroccan firms a foot in the door with Mauritania's agricultural and renewable energies sectors.

Morocco
Peter A. Gish, Acciona's trailblazer in Morocco

The US businessman, who returned to the kingdom in 2022, is behind the ORNX Boujdour green hydrogen platform project, launched in partnership with a subsidiary of a Spanish energy and infrastructure conglomerate.

Morocco, Niger
Rabat deploys religious diplomacy for rapprochement with Niamey

Rabat is stepping up diplomatic initiatives to strengthen ties with Niger, with Morocco's minister of Islamic affairs Ahmed Toufiq sending a delegation of religious representatives to Niamey to mark the month of Ramadan.

Morocco, Niger
Bank of Africa, a beacon for Moroccan firms in Niger

As contacts resume between Rabat et Niamey, Bank of Africa (BOA), whose Nigerien subsidiary is a leading financial player in the country, could prove to be a precious facilitator.

Morocco
Green of Africa seeks funding for Dakhla wind farm

The renewable energy company owned by Aziz Akhannouch and Othman Benjelloun is set to court the banks as it looks to finance its Western Sahara project.

Morocco
French lobbyist Marc Teyssier d'Orfeuil returns to Morocco

The Parisian agency Com'Publics intends to make the most of 2025's AFCON and its expertise in public-private partnerships to get back into business in Morocco.

Morocco
Meryem Bouazzaoui to join CFG Bank board

After a 16 November combined general meeting of shareholders, Myriem [...]

DRC
Security chief Bukasa gets worked up over Omani oil deal

Tshisekedi's security adviser is pressuring the minister of portfolio Adèle Kahinda Mayina to ensure that a petroleum product supply contract with United International is implemented.

DRC
Sonahydroc's management fraught with tension over mysterious Omani deal

Relations are strained among the leadership of Sonahydroc, the Congolese state-owned oil company, over a deal struck in late 2022 with an Omani firm for delivery of petroleum products.

Morocco
Moroccan banks increasingly victim to cyber-attacks, warns Interpol

Trojan horses, phishing and ransomware are all on the rise, leaving account holders more and more vulnerable to fraud.

The New Guard
Guinea, Senegal, Kenya, Nigeria

Every Wednesday, Africa Intelligence spotlights a new generation of movers and shakers in business and politics.

GuineaIbrahima Touré, the man on a mission to rebrand Guinea

SenegalAminata Kane Ndiaye, Orange Money's new boss in Dakar

KenyaNerima Wako-Ojiwa battles fake news

NigeriaSomachi Chris-Asoluka, Africapitalism's new ambassador

Africa
Hackers spread panic amongst African banks

African banks including Banco Sol & Bank of Africa have been targeted by cyber attacks recently. The hackers have threatened to make their data public, a threat which worries those in power who are clients of the banks.

Morocco
Ahizoune clan's Rhadès holding diversifies in recycling, irrigation and agriculture

The family group founded by Maroc Télécom CEO Abdeslam Ahizoune, which is now managed by his son Youssef and which has taken over Derichebourg's waste management activities in Morocco, is moving into new sectors.

Morocco
Himma launches part two of national broadcasting's big shake-up

SNRT will soon complete its takeover of the cash-strapped 2M and Medi 1 TV channels in a move that gives Mohammed VI's adviser, Fouad Ali El Himma, a means to distance his rival, the king's private secretary Mounir El Majidi, from the sector.

Morocco
Benjelloun heir buries army drone project

As banking magnate Othman Benjelloun settles his estate succession plan, his son Kamal Benjelloun discreetly liquidated a firm through which he was developing a surveillance drone for civilian and military use.

Morocco
EDF starts work on Koudia Al Baida wind farm renovation

EDF Renewables is preparing to launch, alongside the Moroccan sustainable energy agency Masen, the Koudia Al Baida wind farm repowering project, near Tangiers.