Morocco: Alten Delivery Center Maroc raises capital to over MAD8 mln
Tuesday, 10 September 2019 17:48
Alten, a French engineering and technology consulting company listed on Euronext, the main stock exchange in the eurozone, has once again increased the share capital of its Moroccan subsidiary Alten Delivery Center Morocco (ADCM) to more than MAD8 million.
The company wants to enhance its footprint in Morocco’s automotive engineering sector; a segment quite structured with the presence of many foreign carmakers and equipment manufacturers.
Alten entered the Moroccan market in 2017 by setting up a unit in charge of automotive and aeronautical systems in the town of Fez. A year later, the company opened its subsidiary ADCM dedicated to automotive engineering.
Chamberline Moko
Live News
-
Gabon Plans Data Center to Improve Timber Traceability
02:53
-
Gabon Plans Digital Data Center to Improve Timber Traceability
02:45
-
World’s first pre-commercial grid-connected wave energy farm launches in Mauritius
20:19
-
EBID, Asky, and Plan International Togo collaborate to celebrate International Women’s Day 2026
19:55
-
Cameroon’s Labogexp Wins BEAC Contracts for New Regional Branch Projects
19:09
-
Cameroon Waives Duties on Solar, Water, and Biomass Equipment to Spur Investment
19:07
-
Cameroon Customs launches mobile device duty system to recover lost revenue
19:03
-
BEAC to Cover IPO Costs for Four Firms to Revive Cemac Stock Market
18:47
-
IMF Sees Up to 9% GDP Gain for South Africa from Business Environment Reforms
18:14
-
Togo raises cement quality requirements to improve market standards
17:55
Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...
Since its 2019 IPO, Airtel Africa paid Deloitte over $37 million in audit and non-audit fees,...
CCR-UEMOA presents mid-term review of private sector competitiveness efforts Reforms, AfCFTA trai...
World Bank announces $137 million to boost West Africa digital economy Program expands broad...
ECOWAS is proposing a regional digital platform for passengers to file and track complaints online...
System to enable tree-level traceability from forest to export Reform targets data gaps, fraud risks, and weak sector oversight Gabon's government...
Seaturns launches 2 MW wave energy pilot in Mauritius Project tests grid-connected technology with potential expansion to 10 MW Initiative reflects...
(BIDC) - The ECOWAS Bank for Investment and Development (EBID), in partnership with ASKY Airlines and Plan International Togo, successfully hosted the...
Rules set technical requirements and ensure fair competition in market Reform targets safer infrastructure and consumer protection in construction...
Event highlights growing role of diaspora entrepreneurs across multiple sectors Networks support trade, investment and SME...
Afreximbank launches Impact Stories season two highlighting trade-driven transformations Series features projects across Africa and Caribbean, from...