industries 4.0

Vivendi selling Maroc Telecom stakes

Stakes owned by Vivendi SA in Maroc Telecom are being sold as part of debt reduction plan by the former. The sale is estimated to generate more than $5billion. Two potential investment banks have already been contacted by Vivendi but political policies might make a deal hard to come by, the source added. Vivendi accounts […]

Russia seeks larger share in Morocco’s wheat imports

The Russian ambassador to Rabat said his country is ready to sell wheat at a competitive price to Morocco, a major wheat importer. “Russia is ready to supply wheat to Morocco at reasonable prices,” Russia’s ambassador Vladimir Baibakov told TASS news agency. “Morocco remains a key Russian trade and economic partner in Africa. In a […]

French economy minister to lead business delegation to Morocco in April

As the diplomatic fog dissipates in French-Moroccan ties, French economy minister Bruno Le Maire is expected to lead a business delegation to Morocco in April to promote investments. The visit would be the second by a member of Macron’s administration to Morocco after an announced visit soon of newly appointed foreign minister Stephane Séjourné. Bruno […]