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Morocco’s MASEN, main interlocutor for green hydrogen investors

Morocco’s green hydrogen offer to investors has assigned a prominent role to the country’s sustainable energy agency MASEN as the main interlocutor for investors. The agency is tasked with examining projects by investors and coordinating between them and authorities. On March 10, the Prime Minister’s office said the offer is ready and promised 1 million […]

Commercial International Bank Egypt completes acquisition of Kenya’s Mayfair CIB in $40mln deal

Commercial International Bank Egypt (CIB) is set to proceed with the complete takeover of Kenya’s Mayfair CIB, after obtaining approvals from authorities, in a deal valued at $40 million. The Central Bank of Egypt (CBE) and the Central Bank of Kenya (CBK) have just granted their consent for CIB to acquire the remaining 49% of […]

Morocco to Host Next Ministerial Meeting With Gulf Cooperation Council States

Morocco will host the ninth joint ministerial meeting between the Kingdom and the member states of the Gulf Cooperation Council, in a decision announced during the eighth edition of the forum held via videoconference. The GCC’s invitation reflects a deliberate recognition of Morocco’s expanding diplomatic role and its deepening strategic partnership with the Gulf bloc. […]