Libya strike

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 […]

African trade ministers to meet over U.S. tariff concerns as they hit the continent’s exports hard

Trade ministers from across Africa will gather on 14 April to discuss the implications of the new 10% tariff imposed by the United States on imports from several African nations. The tariffs, announced by president Donald Trump, are expected to severely impact African exporters, especially those reliant on the African Growth and Opportunity Act (AGOA), […]

UAE investors to build two desalination plants in Moroccan Sahara

Emirati firms Metito Utilities and Tahliya have announced in Dubai plans to build two seawater desalination plants powered with renewable energy in the Moroccan Sahara. The announcement was made Thursday on the sidelines of COP28 currently held in the UAE. It comes after the Declaration signed by King Mohammed VI and Sheikh Mohamed bin Zayed […]