Safaricom

Casablanca Stock Exchange reports record oversubscription for Vicenne’s IPO

The initial public offering (IPO) of Vicenne, a leading Moroccan medical equipment company, broke a new record on the Casablanca Stock Exchange with an IPO that was oversubscribed 64 times. The offering attracted over 32 billion dirhams in demand by investors for shares worth just 500 million dirhams, resulting in an unprecedented oversubscription. Vicenne offered […]

Rhetoric outruns reality in Algeria’s food security push

Algeria used a UN food security forum in Mauritania last week to present itself as a continental reference on agricultural sovereignty, but recent data from international institutions point to a widening gap between its diplomatic rhetoric and domestic realities. Addressing the 34th FAO Regional Conference for Africa, the Algerian minister of agriculture highlighted South‑South cooperation, […]

Morocco, Spain discuss regional food security

Morocco’s role in regional food security was the focus of talks between Minister of Agriculture, Mohamed Sadiki, and his Spanish counterpart, Luis Planas. The talks, held on the sidelines of the 43rd session of the Conference of the Food and Agriculture Organization (FAO) held in Rome July 1 – 7, provided an opportunity to examine […]