Spirit AeroSystems seeks to acquire Bombardier’s Morocco, Belfast Facilities

Spirit AeroSystems seeks to acquire Bombardier’s Morocco, Belfast Facilities

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MOROCCO – US based aviation company, Spirit AeroSystems Holdings is in talks with Bombardier to purchase the company’s facilities in Belfast and Morocco, Reuters reported in October this year. The news outlet quoted two sources familiar with the case, emphasizing that the…

Segula Technologies to Open ‘Excellence Center’ for Automotive Sector in Morocco

Segula Technologies to Open ‘Excellence Center’ for Automotive Sector in Morocco

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MOROCCO – Segula Technologies, a world-renowned group in the automotive engineering sector, has announced the opening of its automotive sector-dedicated “Center of Excellence” in Morocco. The company said in a press statement that the center, which is based in Agadir, one of…

Morocco ranked Second most Attractive Investment Destination in Africa.

Morocco ranked Second most Attractive Investment Destination in Africa.

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MOROCCO – Morocco has emerged as the second most attractive business destination in Africa, in the latest “Where to Invest in Africa,” report by Rand Merchant Bank (RMB). Morocco’s promising potential for local and international investors enabled it to outperform South Africa…

Spanish Electrical Equipment Company Himoinsa Opens Regional sales office in Morocco

Spanish Electrical Equipment Company Himoinsa Opens Regional sales office in Morocco

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MOROCCO – Spanish group Himoinsa, which specializes in electrical equipment has opened a regional sales office in Morocco.  The sales office which is going to serve Morocco and the entire North and West Africa region is the company’s third sales office on…

CDG Capital invests in Moroccan pharmaceuticals business Steripharma

CDG Capital invests in Moroccan pharmaceuticals business Steripharma

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MOROCCO – CDG Capital Private Equity has announced an investment in Laboratoires Steripharma, a Moroccan pharmaceutical laboratory that manufactures generic medicines. According to the terms of the transaction, CDG has acquired a stake in the Company from several minority shareholders. Steripharma was…