EBRD Lends Tunisian Vermeg €25 Mln for Purchase of Lombard Risk

The European Bank for Reconstruction & Development (EBRD) has provided the Tunisian banking and insurance software developer Vermeg a €25 million loan for the acquisition of Lombard Risk, a leading global provider of integrated regulatory reporting and collateral management solutions. Founded in 2002, Vermeg counts major internationally-renowned financial institutions and central banks in more than […]

Nouakchott pledges to review higher tariffs imposed on Morocco’s produce

The issue of increased duties levied on some imported Moroccan agricultural products will be resolved through dialogue and consultation between the two countries, said Mauritanian Foreign Minister Mohamed Salem Ould Merzoug. The Mauritanian top diplomat made the remarks during his talks held Monday in Rabat with Moroccan peer Nasser Bourita. Salem Ould Merzoug is visiting […]

Algeria’s Tebboune shortens his term without explaining

Few days after the Algerien presidency announced elections on September 7 instead of December, neither President Tebboune nor any Algerian official gave an explanation why the vote would take place before the end of the current mandate. Tebboune has not taken the effort of giving a public address to tell his people why he decided […]