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South Africa’s Sanlam Takes over Morocco’s SAHAM Insurance Business in Africa for $1.05 bln

ape-Town based insurer Sanlam said it will fully acquire Morocco’s SAHAM group insurance business in Africa in a $1.05 billion deal. The deal will give Sanlam access to SAHAM’s 26 markets across North Africa, the Middle East and West Africa and builds on its business that spans 11 African countries, India and Malaysia. SAHAM Finances, […]

Alstom Supplies Libya Gas Turbine Spare Parts

French power leader Alsthom will provide Libya spare parts for 11 gas turbine units under a 250 million euro contract signed with General Electricity Company of the North African country. The Alstom spare parts are destined for five Libyan power plants operating GT13 turbines manufactured and installed by the French company. The delivery of parts […]

Coronavirus: Morocco’s King follows up closely evolution of situation

King Mohammed VI chaired, on Tuesday in Casablanca, a meeting focusing on the country’s management of the Coronavirus pandemic and on the actions to be taken according to the evolution of the situation. The meeting is part of the continuous follow-up by the Moroccan Sovereign of the evolution of this pandemic, from the beginning of […]