The Moroccan public transport company Compagnie de
Transports au Maroc (CTM) has announced the completion, after
obtaining authorisations from the authorities
the acquisition of 51% of the company's share capital
Africa Morocco Links (AML) which has been divested
by the Bank of Africa
(
of
9
April 2024). CTM announced that the transaction brought to
was worth 307 million dirhams (28 million dirhams).
euro).
Africa Morocco Links was established in 2016
(
of 17
June 2016) and operates maritime connections between Europe and the
Morocco on the routes between the ports of Tanger Med and Algeciras and between the
ports of Tangier and Tarifa.
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