Morocco’s state-owned rail operator ONCF raised $200 million via a green bond that was five times over-subscribed with a total demand reaching $1 billion. The bond was part of ONCF’s green push, as it plans to expand the national rail network. The four-tranche bond had maturities ranging from 10 to 15 years at rates varying […]
After making a significant gas discovery in Tendrara, North Eastern Morocco, Sound Energy has pressed on with its second well in the license area. Lying only 1.6 kilometers away from its first TE-6 gas well in Tendrara, Sound Energy announced that works have started on the second TE-7 well with aim of prospecting gas volumes, […]
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 […]
