Morocco’s leading port operator Marsa Maroc has acquired 45 percent capital and voting rights in Spain’s Boluda Corporacion Maritima (BMT) for €80 million, establishing strategic presence across the Strait of Gibraltar. BMT operates nine ports spanning the Iberian Peninsula and Canary Islands. This strategic partnership “opens pathways to synergies” between both groups, “pooling complementary expertise […]
Brazilian authorities have foiled an attempt to smuggle out 481 kg of cocaine destined to Algeria, Spanish agency EFE reported on Monday, citing security sources. The cocaine was concealed in 22 packages stored in an asphalt plant in the southern city of Paranaguá. An investigation was opened to identify all those responsible for this major […]
A large Moroccan delegation is participating in the proceedings of the “Invest in Senegal” forum which kicked off this Tuesday in Dakar. The delegation, led by Foreign Minister Nasser Bourita at the instruction of King Mohammed VI, includes economic operators representing the General Confederation of Moroccan Enterprises (CGEM) and some of the country’s leading actors […]
