Investor Signals


# Actual Signal Date Investing Company Parent Company Source country Source State Source City Destination Region(s) Destination Country(s) Industry Sector(s) Industry Cluster(s) Industry Activity(s) Description Signals Data source Contact name (1) Position (1) Email (1) Telephone (1) Contact name (2) Position (2) Email (2) Telephone (2) Contact name (3) Position (3) Email (3) Telephone (3)
1 Oct 2018 Silicon Industries Corporation (SICO Technology) Silicon Industries Corporation (SICO Technology) Egypt Giza Giza   Democratic Republic of
Congo|Ghana|Kenya|Morocco|Mozambique|Nigeria|South Africa
Communications ICT & Electronics   Egypt-based smartphone manufacturer SICO Technology is seeking to expand
its market reach with plans to enter the wider African market by late
2018/early 2019. The company aims to sell its Nile X smartphone range to
Kenya, Morocco, the Democratic Republic of Congo, South Africa, Nigeria,
Mozambique and Ghana.
New Investment Strategy Ahmad el-Sawaf Manager (International), Business Development     Mahmoud Ali Director, Sales            
2 Aug 2018 Revolution Precrafted Revolution Precrafted Philippines National Capital Region (NCR) Makati Africa|Middle East Egypt|Morocco|Saudi Arabia Business Services|Real Estate Professional Services   Philippines-based Revolution Precrafted Properties, an architect firm
which designs and delivers pre-crafted homes and pavilions, plans to
expand its operations in the Middle East and north Africa. The company
will focus its activities in Morocco, Egypt and Saudi Arabia.
New Investment Strategy Robbie Antonio Chief Executive Officer                    
3 Feb 2018 Pestana Pestana Portugal Portugal Lisbon Asia-Pacific|Emerging Europe|Middle East|Western Europe Morocco|United States Hotels & Tourism Tourism Construction Portugal-based Pestana Group, a tourism and leisure group, is to invest
E200m to open 20 new hotels by 2020. Half of the hotels will be in
Portugal and the other half in the US and Europe, with Ibiza and Milan
among possible locations. The company also hopes to expand further in
Morocco, Asia and the Middle East.
Considering Project (New or Expansion)|New Investment Strategy Jose Roquette Head, Development and Expansion                    
4 Jan 2017 Vezeeta Vezeeta Egypt Cairo Cairo   Jordan|Kuwait|Lebanon|Morocco|Qatar|Saudi Arabia|UAE Software & IT services Life sciences   Egypt-based Vezeeta, a leader in healthcare IT platforms offering
automated physician, clinic and hospital bookings, has raised $5m in
funding from BECO Capital, Vostok New Ventures, Silicon Badia and
Technology Development Fund. The company currently covers three Egyptian
cities with future expansion plans to integrate additional MENA
countries, moving aggressively into the United Arab Emirates, Saudi
Arabia, Jordan, Lebanon, Morocco, Kuwait, and Qatar by June 2018.
New Funding/Resources for Expansion   Amir Barsoum Chief Executive Officer                    
5 Oct 2016 Kribhco Shyam Fertilizers Krishak Bharati Cooperative (KRIBHCO) India Uttar Pradesh Noida   Morocco Chemicals Food, Beverages & Tobacco Manufacturing Kribhco Shyam Fertilizers, a manufacturer of nitrogenous fertilisers and
a subsidiary of India-based Krishak Bharati Cooperative, may establish a
new phosphoric acid unit in Morocco. The company has recently announced
a 50-50 joint venture manufacturing facility in India with Morocco-based
Office Cherifien des Phosphate (OCP) as part of a broader strategic
cooperation between both companies.
Considering Project (New or Expansion)   Chandra Pal Singh Chairman, Kribhco Shyam Fertilizers                    
6 Jul 2016 Raya Contact Center Raya Holding Egypt Giza 6th of October City   Morocco|United Kingdom Business Services Professional Services Customer Contact Centre Raya Contact Center, an outsourcing services provider and subsidiary of
Egypt-based Raya Holding, is considering establishing two new customer
contact centres in Morocco and the UK. The company has recently opened
new facilities in the United Arab Emirates, Poland and Egypt and aims to
increase its number of employees to 12,000 through additional
investments in 2017.
Considering Project (New or Expansion)   Medhat Khalil Chairman                    
7 Feb 2016 Cleopatra Group Cleopatra Group Egypt Giza Giza   Guinea|Kenya|Morocco|South Africa|Swaziland Ceramics & Glass|Wood Products Consumer Goods|Wood, Apparel & Related Products   Egypt-based Cleopatra Group, a ceramics specialist, plans to invest in a
number of countries across Africa. The company is targeting South
Africa, Kenya, Guinea, Morroco, and Swaziland during 2016, with
investments possibly encompassing large-scale industrial projects.
New Investment Strategy   Mohamed Abou el-Enein Chairperson                    
8 Jan 2016 Masdar Mubadala Development UAE Abu Dhabi Abu Dhabi   Egypt|India|Jordan|Morocco Alternative/Renewable energy Environmental Technology Electricity Masdar, a subsidiary of United Arab Emirates-based Mubadala Development,
has indicated that it is considering new investments in Morocco, Egypt
and Jordan. The company has pointed to the strong potential for both
wind and solar power projects. The company has also highlighted India as
a potential growth location.
Considering Project (New or Expansion)   Mohamed Jameel Al Ramahi Chief Executive Officer, Masdar                    
9 May 2015 Job and Talent Job and Talent Spain Comunidad de Madrid Madrid   Chile|Colombia|Morocco|Spain|United Kingdom|United States Software & IT services Professional Services   Spain-based Job and Talent, a social media recruitment platform
operator, has raised E23m ($25.01m) in funding led by Pelayo Cortina
Koplowitz. The company will use the investment to further enhance its
technology, expand its product development team and strengthen its
position within international markets such as Spain, the UK and Mexico,
Colombia, Chile and the US.
New Funding/Resources for Expansion   Juan Urdiales Co-Founder                    
10 Feb 2015 Swiss-Belhotel Swiss-Belhotel Hong Kong Hong Kong Hong Kong   Egypt|Indonesia|Jordan|Morocco|Tunisia|Turkey Hotels & Tourism Tourism Construction Hong Kong-based hotel company Swiss-Belhotel plans to enter into new
markets as part of its international expansion plan in the Middle East
and north Africa during 2015. The company is interested in entering
markets including Turkey, Egypt, Tunisia and Morocco as well as grow its
existing presence in Indonesia. It is also in negotiations to enter the
Jordanian market. Additionally, Swiss-Belhotel will open new hotels in
the United Arab Emirates, Qatar, Oman and Iraq.
Considering Project (New or Expansion)   Noel Massoud Head (Middle East), Operations and Development                    
11 Dec 2014 UAE Sharjah Sharjah   Jordan|Morocco|Nepal|Qatar|Sri Lanka|Turkey Hotels & Tourism Tourism   United Arab Emirates-based, an online travel firm, is
considering entering new global markets. The company is eyeing gulf
countries such as Turkey, Morocco, Jordan and Qatar, as well as the
Indian sub-continent including Nepal and Sri Lanka. has
existing plans for new office openings in India.
New Investment Strategy   Sachin Gadoya Managing Director                    
12 Oct 2014 Renault Renault France Ile-de-France Boulogne-Billancourt   Morocco Automotive Components Transport Equipment Manufacturing France-based Renault, an automobile manufacturer, is considering
establishing a production facility in Morocco. The factory would produce
engines to help meet increasing production in the country and reduce
import costs. Renault will ensure that there is a strong enough supply
chain on the ground before committing.
Considering Project (New or Expansion)   Thierry Bollore Chief Competitive Officer                    
13 May 2014 Dyson Dyson United Kingdom South West (UK) Not Specified   Algeria|Egypt|Morocco|Nigeria Consumer Electronics Consumer Goods   UK-based Dyson, a global vacuum cleaner manufacturer, plans to gain a
foothold in Nigeria, Morocco, Algeria and Egypt. The company intends to
invest further in R&D to expand its business in emerging markets.
Considering Project (New or Expansion)   Adam Garner Manager (International), Distribution                    
14 Aug 2013 Suitsupply Suitsupply Netherlands West-Nederland Amsterdam   Angola|Kenya|Morocco|Nigeria|South Africa Textiles Retail Trade Retail Netherlands-based Suitsupply, a suit and clothing supplier for men, has
indicated plans to expand its international retail portfolio into
Africa. The company is currently evaluating plans to open outlets in
South Africa, Nigeria, Morocco, Kenya and Angola and expects to launch a
dedicated Africa website by September 2013.
Considering Project (New or Expansion)   Fokke de Jong Chief Executive Officer                    
15 Jul 2012 Plexus Plexus Spain Galicia Santiago de Compostela   Colombia|Ecuador|Morocco|Peru Software & IT services ICT & Electronics   Spain-based business technology firm Plexus has announced its
international expansion plans. The company will, in partnership with
other Spanish companies, seek to establish a network of contacts in
Morocco, Peru, Ecuador and Colombia
New Investment Strategy   Antonio Agrasar Chief Executive Officer                    
16 May 2012 Toyota Boshoku Toyota Motor Japan Chubu Toyota   Morocco|Myanmar|Pakistan|Venezuela Automotive Components Transport Equipment Manufacturing Automotive component manufacturer Toyota Boshoku, a subsidiary of
Japan-based Toyota Motor, is planning to expand its operations in
developing markets. The company is considering establishing a
manufacturing plant in Myanmar, with developments in the political and
security situation influencing any decision. It is also seeking to
increase its business in Pakistan, Venezuela and Morocco.
Considering Project (New or Expansion)|New Investment Strategy   Shuhei Toyoda Chairman, Toyota Boshoku                    
17 Mar 2012 Sonae Sierra Sonae Portugal Portugal Maia   Algeria|Colombia|Germany|Italy|Morocco Real Estate Construction|Professional Services   Spanish property developer Sonae Sierra has announced that several
countries stand within its focus in 2012. It has highlighted Italy and
reiterated its interest in Germany. Further afield, the company would
like to actively explore further opportunities in Morocco, where it won
a contract in April 2011, as well as Colombia and Algeria where it is
already present.
Considering Project (New or Expansion)|New Investment Strategy   Fernando Guedes de Oliveira Chief Executive Officer, Sonae Sierra                    
18 Oct 2011 UPS-Aptec Aegion (Insituform Technologies) United States Missouri Chesterfield (MO)   Morocco Industrial Machinery, Equipment & Tools Environmental Technology   UPS-Aptec, a 51-49 joint venture between US-based Insituform and
Chile-based Allied Pipeline Technologies, has won a 67.3m contract to
install around 135 miles of high density polyethylene (HDPE) liner in
pipelines located in the Khouribga basin in Morocco. This is the largest
single project in the company’s history.
New Overseas Supplier Contracts   J Joseph Burgess Chief Executive Officer                    
19 Oct 2011 International Power Engie (GDF SUEZ) (Gaz de France) France Ile-de-France Paris   India|Morocco|South Africa Alternative/Renewable energy|Coal, Oil and Natural Gas Energy|Environmental Technology Electricity Power plant operator International Power, a subsidiary of France-based
GDF Suez, may expand into India, South Africa and Morocco, in order to
meet electricity demand in emerging markets. The company is currently
conducting a strategic review of the Indian market and in South Africa
the company is considering a peaking plant and wind projects. In
Morocco, the company is further along and is actively reviewing specific
Considering Project (New or Expansion)|New Investment Strategy   Philip Cox Chief Executive Officer, International Power                    
20 Aug 2011 Solarhybrid Solarhybrid Germany Nordrhein-Westfalen Brilon   Bahrain|India|Morocco|South Africa|Tunisia|UAE Alternative/Renewable energy Environmental Technology   Solarhybrid, a Germany-based renewable energy company, has announced
that it is in negotiations for joint venture projects and rights to
renewable energy developments in Bahrain, India, Morocco, South Africa,
Tunisia and Abu Dhabi, United Arab Emirates. The company is mainly
involved in the construction and operation of solar-powered photovoltaic
plants and recently set up a new subsidiary company in the US to tap
into the local energy market.
New Investment Strategy   Albert Klein Chief Financial Officer                    
21 May 2011 Bombardier Aerospace Bombardier Canada Quebec Montreal   Morocco|Turkey Aerospace Transport Equipment Manufacturing Canada-based aerospace giant Bombardier Aerospace is considering
establishing a new manufacturing plant in either Morocco or Turkey. The
company is considering different kinds of investments in emerging
economies in order to develop its global capacity. No time frame has yet
been announced regarding the possible investment.
Considering Project (New or Expansion)   Guy Hachey Chief Operating Officer, Bombardier Aerospace                    
22 Apr 2011 Sonae Sierra Sonae Portugal Portugal Maia   Morocco Business Services Construction Business Services Sonae Sierra, a subsidiary of Portugal-based Sonae, has won a contract
with Marjane and Fonciere Chellah to provide development services on a
new shopping centre complex to be constructed in Casablanca, Morocco.
The company will be involved in market surveys, definition of layouts,
architectural concept and project management for the site, which will
cover 40,700 sq m and is expected to open in 2013. It will be the
company’s first operation in the country
New Overseas Supplier Contracts   Fernando Guedes de Oliveira Chief Executive Officer, Sonae Sierra                    
23 Mar 2011 Cimpor Cimpor Portugal Portugal Lisbon   Morocco|Mozambique Building & Construction Materials Construction   Portuguese cement maker Cimpor plans to explore further opportunities in
Morocco and Mozambique, as well as expand existing operations in
Morocco. The company has operations in Egypt and Tunisia and is
currently constructing a plant in Brazil.
New Investment Strategy   Antonio Varela Chief Financial Officer                    
24 Mar 2011 Building Astrom Building Astrom Romania Romania Pitesti   Morocco Real Estate Construction Construction Romanian construction company Building Astrom has won a E34m ($47m)
contract in Morocco. The company will build 12 blocks of flats in a
public-private partnership with the Rabat city hall. The project will be
carried out in two phases.
New Overseas Supplier Contracts   Marian Dragoi General Manager                    
25 Jan 2011 Cummins Cummins United States Indiana Columbus (IN)   Angola|Egypt|Morocco|Nigeria|South Africa Engines & Turbines Transport Equipment Manufacturing US-based engine maker Cummins is looking at opportunities to invest $75m
in Africa by 2016. The funds would be invested in building engines used
in sectors such as mining, power generation and oil and gas. Egypt,
Angola, Nigeria, Morocco and South Africa are countries which may be
invested in. The company already has operations in Nigeria and South
New Investment Strategy   Tim Solso Chief Executive Officer                    
26 Jul 2010 Grupo ADI Grupo ADI Spain Catalonia Terrassa   France|Morocco Transportation Physical Sciences   Following the establishment of overseas subsidiaries in France and
Morocco, Spain-based Grupo ADI, engaged in distribution and logistics
for the chemical industry, is considering adding a logistics platform in
France and investing in logistics in Morocco.  The company does not
currently manufacture its own products but it is also considering
establishing a production facility.
Considering Project (New or Expansion)   Jordi Simo Chief Executive Officer                    
27 Jul 2010 Kansai Paint Kansai Paint Japan Kansai Osaka   Algeria|Egypt|Morocco|Saudi Arabia Chemicals Industrial Manufacturing Kansai Paint, a Japan-based paints manufacturer, is considering further
expansion in the Middle East and North Africa. The company is
considering opening a plant in Saudi Arabia if the market becomes big
enough. It is also considering setting up further plants in Morocco,
Egypt and Algeria.
Considering Project (New or Expansion)   Syed Ameer Hamza Hasan Regional Manager, Marketing                    
28 Jun 2010 Volvo Buses Volvo Sweden Sweden Gothenburg   Morocco Automotive OEM Transport Equipment   Volvo Buses, the bus making subsidiary of Volvo, has received an order
for 400 city buses for Casablanca, Morocco. Delivery of the buses will
commence in September 2010 and will be completed by the close of 2011.
Volvo Buses’ only African presence is in Botswana.
New Overseas Supplier Contracts   Jan Vandooren Director (Africa and Middle East), Volvo Buses                    
29 May 2010 Google Google United States California Mountain View (CA)   Morocco Software & IT services ICT & Electronics Sales, Marketing & Support Californian Internet giant Google is considering opening an office in
Morocco. The company has been looking in the country for a suitable
location and has been reported to be considering two sites within the
country- Casanearshore, near Casablanca and a Technopark in Rabat.
Considering Project (New or Expansion)   Nikesh Arora Senior Executive                    
30 Jan 2010 Engro Corporation (Engro Chemical Pakistan) Engro Corporation (Engro Chemical Pakistan) Pakistan Not Specified Not Specified   Algeria|Morocco|Tunisia Chemicals Food, Beverages & Tobacco Manufacturing Pakistan-based Engro Corporation, formerly known as Engro Chemical
Pakistan, is to invest $1bn in North Africa. The company intends to
build a phosphate fertiliser plant in the region and is currently
considering three countries for the project: Morocco, Algeria and
Tunisia. The decision is expected to be made in 2010.
Considering Project (New or Expansion)   Asad Umar Chief Executive