IOM

Maroc Telecom Acquires 61% of Burkina Faso’s Onatel

Morocco’s largest telecom operator “Maroc Telecom” completed the acquisition of a 10% stake in ONATEL on the Abidjan Regional Stock Exchange for €41 million, bringing its shareholding in the Burkina Faso subsidiary to 61%. This transaction, at a price of CFAF 8,000 per share, allows Maroc Telecom to strengthen its stake in the leading operator […]

Arab League commends Morocco for efforts to achieve a Libyan-Libyan solution

Secretary General of the Arab League, Ahmad Aboul Gheit, praised in the report presented Wednesday to the Arab League Ministerial Council, Morocco’s efforts to settle the Libyan crisis, and its hosting meetings of the Libyan 6+6 Joint Committee for Preparing Electoral Laws, on May 22 – June 7 in Bouznika. The resolution of the Arab […]

Moroccan Companies ‘Thrive’ in West Africa- The Economist says

Moroccan companies have been thriving in West Africa where the country geared diplomatic and economic effort, wrote the Economist in an article examining Morocco’s charm offensive with its southern neighbors. The article considers that Morocco’s dynamic private sector and leadership are looking at Sub-Saharan Africa as a land of opportunity compared to the immobilism plaguing […]