US Assistant Secretary of State for Near Eastern Affairs David Schenker

Nigeria-Morocco Gas Pipeline: Technical committee meets in Rabat

The technical committee of the Nigeria-Morocco gas pipeline project, composed of representatives of the oil companies of Senegal, Mauritania and Nigeria, ECOWAS and Morocco, held a meeting in Rabat November 7 to 11 to discuss the progress of this strategic project. The meeting took place just a day after King Mohammed VI highlighted the strategic […]

Morocco’s CFG Bank seeks Casablanca listing

CFG Bank, one of the smallest banks in Morocco, plans to issue an initial public offering at the Casablanca stock exchange. The decision was made by the bank’s general assembly with the aim to raise 600 million dirhams through a capital increase at the stock exchange. CFG will issue new shares with a par value […]

German Bertelsmann, Morocco’s Saham Merge Customer Service Business

German media and publishing group Bertelsmann has merged its customer service business with Morocco’s Saham, creating a new market leader in Europe, Africa and the Middle East. Each will hold 50% of the new company branded as Arvato, which operates in 25 countries with 48,000 employees on its payroll offering services across the market for […]