Our investments

Our portfolio

Our portfolio encompasses a range of human-centric and business services industries. Since 2018, we have strategically shifted our focus towards customer experience & BPO, real estate, education, and agriculture, effectively withdrawing from sectors such as insurance, healthcare, and pharmaceuticals.

Customer experience & BPO

For over 40 years, Teleperformance, the global leader in CX, has facilitated the connection between the world's largest companies and their customers.



SAHAM Immobilier is a subsidiary solely focused on developing innovative real easte projects in Morocco.



International Education Group (IEG) is an international network of schools of excellence ranging from kindergarten to high school.



Medjool Star is the Group's agricultural subsidiary, dedicated to operating the largest date palm farm in the world, as well as managing the packaging and marketing of Mejhoul dates.


Our divested investments


Resulting from a Joint-Venture with Bertelsmann, Majorel is one of the main players in customer experience present in 45 countries. In November 2023, the company was sold for €3b to the global industry leader, Teleperformance.

Saham Finances

One of the largest insurance companies on the African continent, present in 20 countries through 44 subsidiaries and nearly 2,000 employees. Valued at $2b, Saham Finances was entirely sold to Sanlam in 2018.

Saham Assistance

Saham Assistance, a subsidiary of Saham Finances, leverages a global network of 460,000 service providers. Following its acquisition by Sanlam, Saham Assistance has been rebranded as Africa First Assist.


Pioneering national entity in the realm of insurance and brokerage services. Moulay Hafid Elalamy acquired Agma in 1995 and subsequently merged it with the broker Lahlou-Tazi. In 1998, Agma went public and was sold to ONA in 1999.

Saham Pharma

Moroccan pharmaceutical group present in Africa through several offices and representative partners (production of drugs, solutions for rare diseases and distribution of orphan drugs). Sold in 2020 to SPE Capital Partners, Saham Pharma became Amanys Pharma.

Meden Healthcare

A network of healthcare facilities, operated four clinics and two radiology centres in Morocco and 40 medical test laboratories in Egypt. All the establishments were sold by 2020.