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Ethiopia, Morocco
UK-based 54 Capital moves to save its pharmaceutical plant in Tigray

Founded by two Moroccan bankers, the investment fund 54 Capital is reeling from the halting of Ethiopia's largest pharamceutical plant forced by hostilities in the Tigray region. [...]

Published on 08/04/2021 at 06:00 GMT Reading time 3 minutes

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Business

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54 Capital
Abdelwali Ali el-Himma
Abiy Ahmed Ali
Adansonia PE Opportunities
Addis Pharmaceutical Factory
Al Mada
Attijari Finance Corp
Attijariwafabank
Azeb Mesfin
BMCE
BMCE Bank International
Effort
Emmanuel Couteau
Endowment Fund for the Rehabilitation of Tigray
Fouad Ali el-Himma
MediCapital Bank
Meles Zenawi
Mengistu
Office Cherifien des Phosphates
Othman Benjelloun
Saad Aouad
Tigray People's Liberation Front
Yassine Benjelloun

France, Ivory Coast, Switzerland
French tax investigators target pharma wholesalers over unpaid VAT

Operating between Geneva, Abidjan and the Parisian suburbs, Ivorian businessman Ahmadou Touré and other shareholders of pharmaceutical wholesalers Propharmed and Ressourcethica are battling in court to have the proceedings brought against them by the French tax authorities quashed.

Subscribers only Business 25.04.2022

Ethiopia, Morocco
54 Capital hires former Al Mada legal director to sort out Addis Pharma

The London-based, Ethiopia-focused fund has recruited Jamila Dahib to run its legal affairs. One of the top priorities of the former employee of Mohammed VI's holding company Al Mada will be to clear up the status of Addis Pharmaceutical Factory, which the war in Tigray has brought to a standstill.

Subscribers only Business 29.06.2021

Spotlight | Ethiopia
Abiy tries to charm Europe's top pharma groups

The Ethiopian government has made the pharmaceuticals sector one of its priorities and introduced financial incentives to lure foreign investors into the country, a bait that so far has only lured Asian groups.

Free access Business 24.06.2021

Ethiopian Prime Minister Abiy Ahmed Ali.

Morocco
Royal adviser El Himma takes control of TV sector via 2M and Medi 1 TV nationalisation

Through his henchmen, Mohammed VI's political adviser Fouad Ali El Himma has taken charge of the takeover of the 2M and Medi 1 TV channels by public sector broadcasting group SNRT. And he has managed to put one of his supporters in charge of public relations at the interior ministry.

Subscribers only Business 01.06.2021

Morocco
Boomerang Communication to drum up voter turnout again

The advertising agency Boomerang Communication, owned by Jamal Benkhadra, brother of the former minister of energy Amina Benkhadra, will run a campaign to mobilise voters ahead of the 8 September general elections.

Subscribers only Business 17.05.2021

Ethiopia, United States
Pro-Abiy diaspora mobilises in Washington

L'American-Ethiopia Public Affairs Committee est venu s'ajouter à la liste déjà longue des associations et groupements d'intérêts éthiopiens basés aux Etats-Unis.

Subscribers only Diplomacy 09.04.2021

Mauritius
Financial services veteran Brendan Jones moves into venture capital with Adansonia

Having sold a Mauritian financial services company to the giant Maitland, South African national Brendon Jones has now set up a mixed entity, which both manages assets and sets up offshore companies.

Subscribers only Finance, Business 05.04.2021

Morocco
Moulay Rachid casts himself as aviation industry's business angel following Boeing deal

Prince Moulay Rachid, the brother of Mohammed VI, is looking to open up his MAIC fund, set up to finance the creation TDM Aerospace, to Moroccan institutional investors with a view to expanding subcontracting opportunities with Boeing and Airbus.

Subscribers only Finance, Business 18.03.2021

Spotlight | Ethiopia
Behind the scenes of ‘Operation METEC'

Since early November, no fewer than 64 senior executives at the military industrial complex controlled by the TPLF (Tigray People's Liberation Front) have been arrested on suspicion of corruption and human rights abuses. The Indian Ocean Newsletter has the inside [.

Subscribers only Politics 23.11.2018

The anti-corruption drive against METEC has multiple positive effects for PM Abiy Ahmed Ali.

Spotlight | Ethiopia
How Abiy Ahmed Ali is managing the Oromo big guns

Can the andinet (‘unity' in Amharic) advocated by the new prime minister Abiy Ahmed Ali in his inauguration address on 2 April be extended to his own Oromo camp? Elected with a less than emphatic 63% of the votes by [.

Subscribers only Politics 13.04.2018

Ethiopian prime minister Abiy Ahmed Ali, during his inauguration speech on April 2nd.

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54 Capital
Abdelwali Ali el-Himma
Abiy Ahmed Ali
Adansonia PE Opportunities
Addis Pharmaceutical Factory
Al Mada
Attijari Finance Corp
Attijariwafabank
Azeb Mesfin
BMCE
BMCE Bank International
Effort
Emmanuel Couteau
Endowment Fund for the Rehabilitation of Tigray
Fouad Ali el-Himma
MediCapital Bank
Meles Zenawi
Mengistu
Office Cherifien des Phosphates
Othman Benjelloun
Saad Aouad
Tigray People's Liberation Front
Yassine Benjelloun

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Ethiopia, Morocco
UK-based 54 Capital moves to save its pharmaceutical plant in Tigray

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Set up email notifications for these topics

France, Ivory Coast, Switzerland
French tax investigators target pharma wholesalers over unpaid VAT

Ethiopia, Morocco
54 Capital hires former Al Mada legal director to sort out Addis Pharma

Spotlight | Ethiopia
Abiy tries to charm Europe's top pharma groups

Morocco
Royal adviser El Himma takes control of TV sector via 2M and Medi 1 TV nationalisation

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Boomerang Communication to drum up voter turnout again

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Financial services veteran Brendan Jones moves into venture capital with Adansonia

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Moulay Rachid casts himself as aviation industry's business angel following Boeing deal

Spotlight | Ethiopia
Behind the scenes of ‘Operation METEC'

Spotlight | Ethiopia
How Abiy Ahmed Ali is managing the Oromo big guns

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Africa Intelligence on social media

Indigo Publications' websites

About Africa Intelligence

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Indigo Publications' websites

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Ethiopia, Morocco UK-based 54 Capital moves to save its pharmaceutical plant in Tigray

This article may be accessed by subscribers

Do you want a free trial before subscribing?

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create a free account

Set up email notifications for these topics

France, Ivory Coast, Switzerland French tax investigators target pharma wholesalers over unpaid VAT

Ethiopia, Morocco 54 Capital hires former Al Mada legal director to sort out Addis Pharma

Spotlight | Ethiopia Abiy tries to charm Europe's top pharma groups

Morocco Royal adviser El Himma takes control of TV sector via 2M and Medi 1 TV nationalisation

Morocco Boomerang Communication to drum up voter turnout again

Ethiopia, United States Pro-Abiy diaspora mobilises in Washington

Mauritius Financial services veteran Brendan Jones moves into venture capital with Adansonia

Morocco Moulay Rachid casts himself as aviation industry's business angel following Boeing deal

Spotlight | Ethiopia Behind the scenes of ‘Operation METEC'

Spotlight | Ethiopia How Abiy Ahmed Ali is managing the Oromo big guns

Set up email notifications for these topics

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Senegal
Guns and oil drive Russia's Dakar courtship

Botswana, South Africa
From Gaborone to Antwerp, is De Beers's empire on the rocks?

Ethiopia, Morocco
UK-based 54 Capital moves to save its pharmaceutical plant in Tigray

France, Ivory Coast, Switzerland
French tax investigators target pharma wholesalers over unpaid VAT

Ethiopia, Morocco
54 Capital hires former Al Mada legal director to sort out Addis Pharma

Spotlight | Ethiopia
Abiy tries to charm Europe's top pharma groups

Morocco
Royal adviser El Himma takes control of TV sector via 2M and Medi 1 TV nationalisation

Morocco
Boomerang Communication to drum up voter turnout again

Ethiopia, United States
Pro-Abiy diaspora mobilises in Washington

Mauritius
Financial services veteran Brendan Jones moves into venture capital with Adansonia

Morocco
Moulay Rachid casts himself as aviation industry's business angel following Boeing deal

Spotlight | Ethiopia
Behind the scenes of ‘Operation METEC'

Spotlight | Ethiopia
How Abiy Ahmed Ali is managing the Oromo big guns