Morocco’s leading telecom operator, Maroc Telecom, will acquire six African subsidiaries of its new majority shareholder UAE Etisalat for $ 650 million. By acquiring Itisalat branches in Benin, Côte d’Ivoire, Gabon, Niger, Central African Republic and Togo, the Moroccan operator will expand its activities in the continent and become a genuine telecom “hub” in French-speaking […]
MP Industry Group, a subsidiary of the Romanian MEN Industry Group—has inaugurated its first plant in Tangier Automotive City, Northern Morocco. The plant, built over a 35,000 m2 area, will produce automotive plastic components using advanced injection molding techniques. Nearly $40 million has been invested in this facility which comes to enhance further Morocco’s position […]
A dispute has emerged between the authorities in Tripoli after the General National Congress (GNC) announced on Tuesday that Prime Minister Omar Al Hassi has been sacked but the latter is contesting the decision as illegal and wants to consult the armed groups first before making a final decision. According to GNC, the Prime Minister […]
