ape-Town based insurer Sanlam said it will fully acquire Morocco’s SAHAM group insurance business in Africa in a $1.05 billion deal. The deal will give Sanlam access to SAHAM’s 26 markets across North Africa, the Middle East and West Africa and builds on its business that spans 11 African countries, India and Malaysia. SAHAM Finances, […]
Algerian public company IMETAL specialized in metal work and steel industry took control on Sunday of shares of Indian giant ArcelorMittal in ArcelorMittal Algérie (AMA,) ArcelorMittal Pipes and Tubes Algeria (AMPTA) and ArcelorMittal Tebessa (AMT,) reports say. The deal has been in the pipeline since October last year. The Indian giant controlled 49 per cent […]
The Royal Moroccan Air Force got delivery on Saturday of three new refurbished CH-47D Chinook transport helicopters. The Chinook aircrafts arrived at the port of Tanger-Med, Tangier, aboard the US registered cargo vessel MV Liberty Pride. The delivery of the three CH-47 helicopters is part of a foreign military sales case facilitated by the Security […]
