Siemens to Build Wind Blade Factory in Morocco

Siemens is planning to build a wind turbine rotor blade facility in northern Morocco, close to Tangier Med port, linked to Europe, the Middle East and the rest of Africa. The construction of the onshore plant, first of its kind in the North African country, is expected to start as early as this spring, and […]

Mohammed VI Champions Cup: Olympique de Safi, Raja of casablanca cruise to quarter finals

Morocco placed Saturday two domestic teams for the quarterfinals of the Mohammed VI Champions Cup after Raja Casablanca axed its city rival Wydad, and Olympique de Safi got rid of Tunisia’s legendary Esperance Sportive de Tunis. The Raja Greens levelled the score 4-4, 20 minutes to the final whistle. Raja got through thanks to away […]

Morocco’s Wafa Assurance acquires 65% of Cameroon insurer Pro Assur

Moroccan insurance company Wafa Assurance said it completed the acquisition of 65% of Cameroon’s Pro Assur, a company created in 2000. The transaction, taking the form of share acquisition and capital increase, was approved by Cameroon’s and Morocco’s regulatory authorities, Wafa Assurance said in a statement. The deal is meant to help Pro Assur develop […]