Spain deems results of new roadmap with Morocco “positive”

The Spanish government expressed, Monday, its satisfaction with the “positive results” of the new roadmap drawn with Morocco, during the visit the President of the Spanish government, Pedro Sanchez, paid to the North African Kingdom last April at the invitation of King Mohammed VI. “We can congratulate ourselves because this new step is very positive,” […]

Universal Musical Group opens North Africa division in Morocco

Universal Musical Group, UMG, has launched its North Africa division in Morocco as part of the label strategic plan to foster talents in the region. The standalone office is set in the kingdom’s business city of Casablanca and will be headed by Serena Safieddine, who will work alongside UMG’s existing regional headquarters in Dubai, and […]

Côte d’Ivoire: SUNU Group withdraws from State-controlled BICICI

Sunu Finance group has pulled out as main shareholder from Cote Ivoire’s trade and industry bank BICICI now controlled by a State-run consortium, “Sika Finance” reports. The holding has sold its 19.11 shares for $35.6 million to Abidjan-based Brandon & MCain Capital, an investment firm founded by Ahmed Cisse, the President of Côte d’Ivoire’s employers’ […]