Compagnie Marocaine
La Compagnie Marocaine (the Moroccan Company) was a French colonial holding company founded in 1902 for the purpose of exploiting Morocco.[1]
 An advertisement for the Compagnie Marocaine in La Terre Marocaine dated December 1, 1928 | |
| Type | holding company |
|---|---|
History
In 1902, a group of industrialists led by Eugène Schneider II founded the company with the purpose of organizing commercial, industrial, and agricultural activities in Morocco.
Eugène Schneider II was its first president.
The Treaty of Algeciras of 1906, which formalized French preeminence in Morocco and precipitated the establishment of a French protectorate in Morocco, accorded a contract to construct modern ports in Casablanca and Asfi to Compagnie Marocaine. In fact, it was an attack on the company's Decauville train that incited the Bombardment of Casablanca in August of 1907, marking the beginning of the French conquest of Morocco.[2]
Starting in 1911, in order to secure an increase in capital, the presidency went to a representative of the Banque de l'Union Parisienne.
It participated in the creation of the Compagnie des Chemins de Fer du Maroc (Railroad Company of Morocco) and become a main shareholder.
La Compagnie Marocaine was listed in the Paris Bourse in 1920.
Administration
List of Presidents
- 1903-? : Eugène II Schneider
References
- "الشركة المغربية: أول الغزاة". زمان (in Arabic). 2018-02-06. Retrieved 2019-04-28.
- Adam, André (1968). Histoire de Casablanca, des origines à 1914. Éditions Ophrys. p. 107.
Bibliography
- Pierre Guillen, L'implatation de Schneider au Maroc, les débuts de la Compagnie marocaine (1902-1906), 1965
- André Adam, Histoire de Casablanca: des origines à 1914, 1968
- Mohamed Bouzidi, Histoire économique, le Maroc précolonial, 1981