Morocco

Capital raising

SANAD Fund to target SMEs in North Africa and Middle East

Tiny, small and medium businesses in Egypt and Tunisia, later Algeria and Morocco, are set to benefit from a new €30 million ($43.2 mn) SANAD ...

Exchange news

NYSE Euronext backs growth in African stock exchanges

NYSE Euronext Inc. has seen a threefold increase in the trading of African stocks on its exchanges over the past 5 years and twice as ...

Egypt

Rencap has expansion plans

Renaissance Capital (www.rencap.com/eng), the Russian emerging-markets bank with operations in Africa, plans to expand next year into Egypt and at least 3 other African countries, ...

Exchange news

Casablanca Stock Exchange – some background

One of Africa’s biggest and most active stock exchanges is Morocco’s Casablanca Stock Exchange, set up as a joint stock company with a Supervisory Board ...

Exchange news

Car dealer offers shares before double listing in Tunis and Casablanca

Tunisian car retailer Ennakl Automobiles, official distributor of Volkswagen, Seat, Audi and Porsche and part of the Group Princesse El Materi Holding, headed by Mohamed ...

Capital raising

Emerging Capital Partners targets North Africa construction

Emerging Capital Partners announced it has bought controlling stakes in Shoresal and Almes - both North African construction companies - for a total USD $26.2 ...