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 […]
Kenyan authorities have dismantled a human trafficking ring accused of luring citizens to fight in the Russia-Ukraine war under the guise of employment opportunities in Moscow. In an intelligence-led raid on the Great Wall Apartments on the outskirts of Nairobi, police rescued 22 Kenyans who were reportedly being “processed” for travel to Russia. Authorities seized […]
Morocco is set to bolster its reconnaissance capabilities through the launch of a state-of-the-art satellite. The move has stirred fears in Algeria. After Spanish media raised concerns of Spain’s military officials over Morocco’s spy satellite, comes the turn of Algeria, which looks at Morocco’s steps to gain satellite technology with a suspicious eye. “Total panic”, […]
