North Africa Will No Longer Benefit from Europe Preferential Trade System in 2014

The EU has issued lately its revised import preference scheme – known as the Generalized Scheme of Preferences (GSP) – for developing countries most in need which will take effect from 1 January 2014. The new list of beneficiaries from GSP does not include North African countries: Algeria, Egypt, Jordan, Lebanon, Morocco & Tunisia. With […]

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 […]

EU, UN, African Union call on Libyan Authorities to end migrants’ abuse

The European Union, the African Union and the United Nations have called on the Libyan authorities to end arbitrary detention of migrants and refugees, starting with the women and children as well as other individuals with specific needs or disabilities. In a joint press release issued following their meeting held Monday in Brussels, the tripartite […]