EBRD Supports Tunisian SMEs with €5 Mln Loan

The EBRD is strengthening the competitiveness of small firms in Tunisia by increasing the availability of funds, with a €5 million loan to Compagnie Internationale de Leasing (CIL). Access to finance and liquidity constrain the growth of many private businesses in the country. Micro, small and medium-sized enterprises are the core of the Tunisian economy, […]

Legislation designating Polisario terrorist organization sent to U.S. Congress

U.S. Congressman Joe Wilson has introduced the legislation designating the Algeria-backed Polisario militias as a Foreign Terrorist Organization, hammering all supporters of the separatist group. “The Polisario is a Marxist militia backed by Iran, Hezbollah, and Russia providing Iran a strategic outpost in Africa and destabilizing the Kingdom of Morocco, a U.S. ally for 248 […]

Another Gas Discovery Offshore Mauritania

Oil & Gas exploration company Kosmos Energy has announced the discovery of a major gas discovery offshore Mauritania in the BirAllah area while conducting drilling in Orca-1 well.   Located approximately 125 kilometers offshore Mauritania, the well is estimated to have about 13 trillion cubic feet of gas.   Commenting this new gas discovery, Kosmos […]