North Africa Post
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Algeria Business Energy Europe Headlines International Morocco

European Parliament refers gas blackmail to EU Top Diplomat Borrell, criticism grows of Algeria’s cynical manipulation

North Africa Post

Following reactions of several Members of the European Parliament regarding Algeria’s unilateral decision not to renew the agreement to supply Europe with gas via the Maghreb-Europe Gas pipeline, the European Parliament has officially referred the issue to the EU High Representative for Foreign Affairs and Security Policy, Josep Borrell. MEP and former President of the […]
Algeria Energy Europe Headlines International Maghreb Morocco

Algeria irked by Spain’s decision to ship gas to Morocco via GME

North Africa Post

The Algerian regime has fallen in its own trap when it unilaterally decided to shut down the Maghreb-Europe Gas Pipeline (GME) to cut off the flow of gas to Morocco. However, the GME pipeline is used as of this week to supply Morocco with gas coming from Spain in reverse flow. “Morocco will be able […]
Finance Headlines Tunisia

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

North Africa Post

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 […]

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