african-capacity

Ghana Eyes $3 billion Investment by Diaspora

Ghana’s Finance Ministry is targeting to raise $3 billion in funding from its diaspora, through African Sankofa Account to fund economic development in the West African nation. The government will structure the investment vehicle to offer better rates to depositors, Finance Minister Ken Ofori-Atta said. He said the initiative was dictated by government’s quest to […]

Morocco Arrests Two Suspects Linked to IS All-Female Cell

Moroccan authorities arrested two individuals linked to a recently busted all-female terrorist cell pledging allegiance to Daesh, the Interior Ministry said in a statement. The two suspects were arrested in the southern cities of Tan Tan and Guelmim. Investigations by the Central Bureau of Judicial Investigations show that they were seeking to make explosives through […]

Mauritania suspends digital transfer point services amid regulatory concerns

The Mauritania Digital Transfer Points Association on Wednesday announced a temporary and organized suspension of withdrawal, deposit, and transfer services, citing recent measures linked to electronic transaction regulations. The association said the move was not directed at banking partnerships but aimed at safeguarding the sector and ensuring the delivery of financial services under safe and […]