The Libyan National Oil Corporation (NOC) is facing growing pressure to settle its refined oil products import bills as the country’s long-standing barter system comes to an end. While fuel imports continued into Libya in March, the NOC remains unable to pay for these supplies, a situation compounded by the country’s declining oil revenues. The […]
Tunisia’s national carrier, TunisAir, signed Thursday an acquisition deal with Airbus for four A320 neo passenger jets with possibility for a fifth one following the delivery of the ordered aircraft, Tunisie Numerique reports. The airline will take delivery of the first jet in December whereas the remaining three will be delivered in the course of […]
The private equity sector in Morocco and Tunisia has received a $ 26.1 million grant from the European Bank for Reconstruction & Development (EBRD) to support the development of the private equity market in two North African countries, rocked by the Arab Spring. The financial assistance will also serve to rev up equity funding for […]
