Morocco high speed train

Morocco’s Al Mada plans expansion in the African food market

Morocco’s private investment fund Al Mada said it has set up an international food industry subsidiary focusing on Africa, dubbed Teralys. As part of its goal to promote food industry in Africa in a way that is conducive to regional integration, Teralys signed an agreement to acquire a majority stake in Senegal’s Patisen, Al Mada […]

Sudan freezes agreement to host Russian military base

Sudan has frozen a military agreement with Russia which includes the establishment of a Russian military base on the Red Sea coast of the African country, a top Sudanese official told Turkish news agency Anadolu. The official who asked not to be named because not allowed to talk on the matter, told the Turkish news […]

Morocco’s Arma seeks African expansion

Like many state and private Moroccan companies, waste management company Arma said it plans to set up a waste management plant in Abidjan where it is finalizing deals with suppliers. The company’s CEO Youssef Ahizoun told Reuters the plastic waste recycling plant would be ready within few months. Arma investment would be the first by […]