sonatrache

Casablanca launches professional sports infrastructure management company ahead of major tournaments

Authorities in the Casablanca-Settat region have officially ended direct involvement of elected officials and certain associations in managing sports infrastructure belonging to territorial collectivities. This major change materializes through creation of CasaRégionSport, the Casablanca Sports Facilities Company, with validation expected during an extraordinary municipal council session on December 2. Regional governor Mohamed Mhidia thus closes […]

Turkey’s Economic and ‘Charm Offensive’ in Africa

It is not a secret that the relationship between Turkey and the European Union is going through a rough period. The solution to this deadlock for Ankara is to diversify away from the declining European economy and search for new markets which will also provide Turkey with a more prominent role on the world stage. […]

Sale of 8 per cent of Morocco’s stakes in Maroc Telecom to yield around $1 billion

The Moroccan government will get 8.87 billion dirhams (about $1 billion) from the sale of 8 per cent of its stake in the telecommunication continental giant. The Moroccan Capital Market Authority (AMMC) has given the go-ahead to the government to sell 8% of its shares in Maroc Telecom. The planned transaction on the block market […]