An Algerian court on Tuesday handed prison sentences to six people, ranging from 18 month suspended sentence to 6 years in prison plus fines, in a corruption case involving the country’s state-run oil firm Sonatrach. Seven defendants were acquitted while four companies, including Italy’s Saipem and the German Funkwerk, were also sentenced to fines ranging […]
Morocco has stood out in Africa as a leader that developed an efficient anti-coronavirus approach while preparing the ground for tapping into the opportunities offered by the pandemic for economic and geo-strategic leadership in the continent, French paper Le Point reported. In an article dubbed “Morocco, a future African champion”, the paper highlights Morocco’s position […]
Libya Thursday announced the creation of a fund worth around $335 million for the reconstruction of Benghazi and Derna, two cities ravaged by years of internal conflicts. A statement by the Government of National Unity (GNU), indicated that the fund will be housed in Benghazi, the country’s second city, and is created to reconstruct the […]
