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Leader of Heart of Tunisia party arrested on financial corruption charges

A Tunisian court Thursday ordered the arrest of the leader of the Heart of Tunisia party, Nabil Karoui, accused of financial corruption and money laundering. The business tycoon and former presidential candidate was summoned to provide evidences of the source of over €43 million found in his account following an investigation into alleged money laundering […]

Mali: Barrick Gold confirms suspension of operations in gold mine

Barrick Gold Corporation said that it remains restricted from shipping gold from the Loulo-Gounkoto mining complex in Mali, where authorities have also seized the company’s existing gold stock from the site to a custodial bank. Malian authorities have seized an amount of gold estimated at $245 million in an escalation of their long-running dispute with […]

Morocco downsizes participation at Francophonie summit

The Francophonie summit wrapped up in Tunisia’s Djerba with Morocco sending a senior director from the foreign ministry instead of ministers as it did in previous editions. Morocco was represented by Nadia El Hnot, Director of Cultural Cooperation at the foreign ministry. The low Moroccan enthusiasm for the Francophonie summit is a symptom of the […]