Moroccan billionaire Moulay Hafid Elalamy sells La Marocaine Vie

Billionaires Africa | 13.11.2026 12:12
Moroccan billionaire Moulay Hafid Elalamy is reshaping his investment portfolio after agreeing to sell almost all of La Marocaine Vie to Wafa Assurance, transferring control of one of Morocco's established life insurers to a rival financial group.