Facing a continuous rise in non-performing loans on Moroccan bank balance sheets, the International Finance Corporation (IFC) and German group EOS Holding are preparing an investment vehicle worth up to 60 million euros. The operation aims to create new capacity for buying and managing distressed assets while helping a secondary market for bad debt emerge […]
With sustainability concerns being increasingly understood and recognized across Africa, a new report by the professional services firm PwC calls on stakeholders across the continent to see to implement policies encouraging greener food production methods and the avoidance of food waste. These are required to future-proof Africa’s food supply and to meet the expected future […]
General National Maritime Transport Company (GNMTC) of Libya is getting ready to file a case against STX Europe for the recovery of a cruise ship ordered during Kaddafi’s regime. Sources claim that the GNMTC wants to act following the announcement by STX Europe that MSC Croisières and STX France have entered into a contract for […]
