Credit Agricole

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
Companies pre-selected for Mohammed VI Fund management contracts without notification

The firms shortlisted to manage the Mohammed VI Investment Fund's sectoral funds have not been informed that they are still in the running.

Spotlight | Gabon
Maurel & Prom rivals hope for post-coup reallocation of Carlyle assets

The new regime in Libreville will need to give its verdict on the planned sale of Carlyle's oil assets in Gabon to Maurel & Prom. Ali Bongo's government did not formally approve the deal and some disappointed parties believe they have an opportunity to get back into the running.

Egypt
Credit Agricole chief to travel to Cairo

The CEO of Credit Agricole Philippe Brassac is expected in Cairo shortly to attend CICA's (Confédération Internationale du Crédit agricole) annual congress and also meet members of the Egyptian government.

Spotlight | Morocco
French giants shiver as Rabat-Paris relations remain icy

French companies such as Veolia, Alstom and BNP Paris are struggling in Morocco against a backdrop of diplomatic tensions and have been forced to cut back their activities.

The New Guard
Nigeria, Ivory Coast, Senegal, Congo

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

Nigeria Oladosu brings ecofeminism to Paris summit

Ivory Coast Anguié, leading light of Abidjan cybersecurity

Senegal Thiam, a young activist fighting for African heritage

Congo The Obo brothers, Brazzaville's bureaucrat-farmers

Spotlight | Africa
Afreximbank, Standard Bank and French banks among last financiers of hydrocarbons in Africa

More and more banks, caught between the hammer of oil companies and the anvil of NGOs, are turning their backs on fossil fuel projects in Africa. Only a handful are still showing support for the sector.

Ghana
Ocea and Wight merger reshuffles Accra patrol boat market

Finalised in March, the merger between France's Vendée-based shipyard Ocea and the UK's Wight Shipyard has stoked the French shipbuilder's hopes for Ghana Navy's patrol boat market.

Morocco
As the drought continues, Israeli water start-ups set to showcase the latest solutions

Six Israeli start-ups specialising in drinking water and irrigation will be presenting their technologies at the end of May in Casablanca in front of ONEE, the Crédit Agricole du Maroc and the private group Lina Holding.

Israel, Morocco
Al Mada, Providence... royal companies shun first business mission to Tel Aviv

None of the leading Moroccan groups owned by royal holding company Al Mada took part in the first business mission to Israel organised by the CGEM, indicating that the crisis between the employers' body and the Palace is not yet over.

Israel, Morocco
Top Moroccan business leaders book a trip to Tel Aviv

In addition to Chakib Alj, the head of the employers' association CGEM, several leading Moroccan businessmen are planning to make their first business trip to Israel. Initially scheduled for 12 December, it will now take place as soon as the health situation permits.