Daily Archives: 21st August 2026

Moroccan billionaire Anas Sefrioui is moving deeper into pharmaceuticals through a proposed acquisition of the Moroccan subsidiaries of Servier, France’s second-largest pharmaceutical group. Anas Sefrioui’s Pharma Capital is seeking full control of Servier’s two Moroccan subsidiaries. The proposed transaction covers a pharmaceutical operation and a company holding commercial and industrial property. Sefrioui previously expanded into…

Coal India, the world’s largest coal producer, is evaluating bauxite opportunities in Ghana as the Indian state-controlled company searches for mineral assets outside its traditional coal business. Coal India is evaluating bauxite opportunities in Ghana as it expands beyond its traditional coal business. The Indian state-controlled company is also planning its first overseas trading office…

Indian Oil Corporation (IOC), India’s largest state-owned commercial enterprise and oil refiner, has finalised a deal with Algeria’s state energy company Sonatrach to import liquefied petroleum gas (LPG) from 2027 as the South Asian country moves to reduce its dependence on Middle Eastern suppliers. Indian Oil Corporation (IOC) has signed a deal with Algeria’s Sonatrach…