The collapse of British airline Thomas Cook will cost Moroccan hotels over $20 million (200 million dirhams) in due payments, said Morocco’s tourism operators. The local media is also speaking of a loss of 100,000 annually. Last year Thomas Cook carried 102,000 tourists mainly from Britain to the cities of Agadir and Marrakech. The tourism […]
Amethis MENA Fund II, which is exclusively dedicated to North Africa and the Middle East, has announced the signing of a majority investment in Magriser Group, one of the pioneers in the distribution and installation of turnkey micro-irrigation and solar pumping systems in Morocco. This is the first operation of Amethis MENA Fund II, dedicated […]
At least 50 companies are expected to list on the Ethiopian Stock Exchange (ESX), set to launch in two years, which will provide a platform for the privatization of the country’s state-owned enterprises. Three months ago, Ethiopia announced it was in the process of establishing a stock market signaling a window of opportunity for cross-listing. […]
