UNISMIL

Morocco’s Financial Crime Unit Tightens Grip on Suspicious Currency Flows

Le Bureau national de lutte contre les crimes économiques et financiers (BNLCEF), a specialized unit of the national judiciary police brigade, (BNPJ), has opened an investigation into a group of businessmen and foreign exchange office operators suspected of channeling large sums of money of undetermined origin into the Moroccan economy. The development was reported on […]

Algeria’s Sonatrach signs $1 billion gas plant deal

India-based conglomerate Larsen & Toubro has signed an agreement with Algerian state-owned Sonatrach to develop three new gas treatment and compression plants on pre-existing gas fields in the North African nation. The agreement comprises detailed engineering studies, supply management of materials for the construction, trials and commissioning, training of personnel and operational assistance. The plant […]

Algerian regime blocked Maghreb integration project-former Tunisian President

Former Tunisian President Moncef Marzouki who is running for the Tunisian presidential elections said that all his attempts to relaunch the integration process in the Maghreb met with Algerian headwinds that prevented the Maghreb Union from materializing. Marzouki said that if re-elected he would support the holding of Marrakech 2 summit in order to put […]