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
-
Dangote Picks U.S. Honeywell for New Phase in Nigeria’s Refining Expansion
15:48
-
Weak Ecosystem Cohesion Holds Back Tech Innovation in Francophone SSA (Report)
15:24
-
Barrick Reportedly Reaches Deal With Mali to Settle Loulo-Gounkoto Mine Dispute
14:57
-
Australian Junior Skylark Secures Commitment for Côte d'Ivoire Gold Exploration
14:46
-
Japanese chocolatiers show growing interest in Cameroon’s cocoa
12:17
-
Government, African Development Bank Accelerate 21-Billion-Franc Project Targeting Modern Agriculture
12:15
-
Cameroon holds 1.1% share of African exports and ranks 19th in 2024
12:12
-
Afriland First Bank, University of Bamenda partner to push government's student-entrepreneur drive
12:03
-
Gabon Plans Digital Payment System for E-Visa Applications
03:11
-
Orange Morocco Launches New 1.5 MW Data Center in Casablanca
03:06
(MCB) - The Mauritius Commercial Bank Limited (“MCB”) has successfully granted a strategic financing...
S&P upgrades Zambia to CCC+ as debt talks advance and copper output rebounds. About 94% of $...
MTN Innovation Lab hosts Africa HealthTech Export 2025 Bootcamp in Cotonou Event targets s...
Attack risks internet disruptions; investigation launched near Massakory EU-funded project aims ...
Public Eye claims over 90% of Cerelac samples in Africa contain added sugar, averaging 6 g per por...
Dangote Refinery selects Honeywell to expand capacity to 1.4M barrels/day Deal includes tech to boost polypropylene output to 2.4M tons/year...
While technological innovation is gaining momentum in Francophone Sub-Saharan Africa, a recent study across 19 countries highlights a major obstacle:...
Barrick to pay $430M to Mali, ending dispute over Loulo-Gounkoto mine Charges dropped, employees to be released, mine control returns to Barrick...
Funds target drilling at Zaranou, soil mapping at Maphai project A$6M acquisition of three permits awaits shareholder approvals Australian miner...
Hidden deep within the Arabuko-Sokoke Forest on Kenya’s coast near Malindi, the ancient city of Gedi stands as one of East Africa’s most intriguing...
Orange Egypt and Qatar’s Qilaa International Group have partnered to develop WTOUR, a digital platform offering trip planning, hotel bookings, local...