Ex-Mauritanian leader nabbed Tuesday on corruption charges

Former Mauritanian President Mohamed Ould Abdelaziz was arrested Tuesday night and detained at the anti-corruption division of a court in the capital Nouakchott, Le360.ma reports citing his defense team. Ould Abdelazziz since leaving power in 2019 has been in the eye of the storm with the country’s justice hunting him down for corruption and public […]

CIMAF gets €161.5m loan from IFC, EAIF & Proparco to expand operation in Mali, Senegal & Ghana

Ciments de l’Afrique (CIMAF) a subsidiary of Morocco-based Omnium des Industries et de la Promotion (OIP) has landed a €161.5-million loan from the International Financial Corporation (IFC), French-government-owned Proparco, and Emerging Africa Infrastructure Fund (EAIF) earmarked to increase capacities of its grinding plants in Mali, Ghana, and to launch a state-of-the-art integrated cement plant in […]

Algerian Generals alarmed by Morocco-Israel drones manufacturing project

The Algerian military junta is extremely concerned by the visit to be paid by Israeli defense minister Benny Gantz to Morocco following the normalization of relations between the two countries, which are looking forward to step up their military and economic cooperation. According to several press reports, during his trip, expected after the formation of […]