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Saham Group Eyes Deeper Stake in Teleperformance While Keeping Its Moroccan Identity

Morocco’s Saham Group is preparing to increase its shareholding in Teleperformance, the Paris-based global leader in customer experience services, in a move that reinforces the group’s ambition to build a significant presence in the upper tier of the international business services industry. The planned capital increase follows a trajectory set in motion by the November […]

France pledges €1m to back December elections in Libya

France Wednesday committed itself to support with €1 million December elections in Libya as Paris deepens its foothold in the oil-rich African country. The financial promise was made by French Ambassador to Libya, Ms. Béatrice Le Fraper du Hellen through an agreement with the United Nations Development Program (UNDP) Resident Representative, Gerardo Noto, Libya Observer […]

Tunisia: Tunisiana almost owned by Qtel

The government has sold 15% of its stake in mobile operator Tunisiana to the Qatar based Qtel group. The conclusion of the deal raises the stake owned by Qtel group in Tunisiana to 90% if stakes acquired directly and through subsidiaries are taken into consideration. However, the Tunisian government still holds on the remaining 10% […]