Headlines Morocco

Côte d’Ivoire-Morocco: Maroc Telecom announces new investments

Maroc Telecom, the partly state-owned telecommunications operator in Morocco, which is the third mobile operator in Côte d’Ivoire under its local branch Moov, announced it is increasing its investments in the West African country. The announcement was made by the company’s CEO Abdeslam Ahizoune at a meeting with Ivorian President during a visit to Abidjan. […]

Headlines Morocco

Morocco: 3 soldiers sentenced to three years in prison for possession of IS flag

Morocco military court has sentenced respectively three Morocco military personnel to three years in prison after the suspects were found in possession of an IS flag, reports say. The three men positioned in Tichla region, were caught three month ago after the national gendarmerie received information that they were in position of the flag. The […]

Headlines Morocco

Morocco-UAE: Pope Francis’ Africa tour secured by Moroccan intelligence service

Moroccan intelligence services helped secure a safe trip to Africa for Pope Francis, reports say. Moroccan intelligence services in conjunction with French intelligence service helped to secure a safe tour for Pope Francis to Africa. According to French media Le Mag quoting local media Pope Francis’s two-day stay to Central African Republic (CAR) torn by […]

Business Emerging Markets

Maroc-Telecom Finalizes Purchase of Etisalat’s six Branches in Africa

Maroc-Telecom, the incumbent telecommunications operator in Morocco, announced it has finalized the purchase of the branches it acquired from the United Arab Emirates telecom group Etisalat in Côte d’Ivoire, Togo, Gabon, Benin, Central African Republic and Niger. The deal between the two operators worth over $ 536 million was struck last spring when Etisalat became […]

Business Emerging Markets Features

Morocco’s Leading Telecom Operator Expands Activities in Africa

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 […]

Business Finance

“Train My Generation” Fund Set up to Address Youth Unemployment in Africa

A fund destined to promote the training of African youth, “Train My Generation,” has been set up on the sidelines of the New York Africa Forum, held in the Gabonese capital, Libreville, June 14-16. The fund with an initial capital of $ 200 million was set up in partnership between the Economic and Monetary Community […]