Moulay Hafid Elalamy

Morocco
New Zniber generation to take over family empire

The wealthy French-Moroccan Zniber family is speeding up the handover of its financially troubled food giant, Diana Holding. The two eldest siblings, Leyth and Diana, are the chief legatees.

Morocco
Troubled Forafric owner Yariv Elbaz turns to his old CEO

After several years of alarming results, flour milling giant Forafric has just recruited its former CEO to try to get things back on track. The group is also getting rid of certain assets that have been problematic for its balance sheet.

Morocco
Former Lazard executive launches investment bank in the kingdom

Amine Bakhti, who has managed the portfolios of major Moroccan clients at Rothschild & Co, has decided to strike out on his own.

Morocco
Moulay Hafid Elalamy set to get go-ahead to take over Société Générale subsidiary

It looks as though the Moroccan financial authorities will approve the purchase of a majority stake in Société Générale Marocaine de Banques by the wealthy businessman.

Palace Intrigues
Faustin-Archange Touadéra, Patrice Talon, Othman Benjelloun

Intrigues big and small – every Thursday, Africa Intelligence takes a peek into the corridors of power in Africa and beyond.

CARTouadéra and presidential party contribute to adviser's funeral

BeninTalon to receive French ambassador's credentials

MoroccoBank of Africa boss Othman Benjelloun as sought-after as ever

Senegal
Société Générale Sénégal: potential buyers prepare to pounce

After having indicated that they wanted to take control of the Senegalese subsidiary of France's Société Générale banking group, the Senegalese authorities could now backtrack. This opens the door to the possibility of a private sector buyer.

Morocco
Rabat prepares grand return of Marrakech Air Show

The trade show is expecting an increased presence of military equipment exhibitors from Western Europe and North America for its first edition since 2018.

The New Guard
Guinea, Morocco, Tanzania, Kenya

Every Wednesday, Africa Intelligence spotlights a new generation of movers and shakers in business and politics.

GuineaSaikou Amadou Diallo, helming the fight against graft

MoroccoAli Seddiki, investment champion

TanzaniaCharles Makakala, Francophile incubator

KenyaJustina Wamae, sights set on the middle classes

Morocco
Algiers and Rabat compete to host 2025 African Cup of Nations

Archrivals Algeria and Morocco are expected to submit their bids on Wednesday to host the African Cup of Nations 2025. Guinea had been due to organise the event but lost the opportunity due to its lack of preparation.

Morocco
A year into sluggish probe, Masen still in the pitlane

Aziz Akhannouch's government has yet to jump start the state's sustainable energy agency, even though it's leading some of the kingdom's biggest renewable projects.