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Famous French-Tunisian rapper sentenced to five years in prison for money laundering

A Tunisian court Monday sentenced for money laundering popular French-Tunisian rapper, Iteb Zaibet, aka Rayan Sanches or Swagg Man, Webdo Tunis reports. The Criminal Chamber specialized in financial corruption cases also fined the 37-year old rapper $35,744. The court also ordered the transfer of $6.8 million to state treasury. The Nice-born rapper has been in […]

IMF: Morocco’s Growth to Reach 2.8 % in 2019

Morocco’s economic growth is expected to reach 2.8 percent in 2019 against 3 pc posted last year due to a slight decline in agricultural output and a moderate recovery in non-agricultural activity, said on Thursday Nicolas Blancher, Chief of the International Monetary Fund (IMF) team that visited Morocco from Oct.29 to Nov.7. Morocco’s economic fundamentals […]

West Africa struggles to raise funds on regional capital market — experts

The eight member countries of the West African Economic and Monetary Union (WAEMU) are struggling to raise funds on the regional capital market, as investors demand higher interest rates amid tightening liquidity, financial market sources said. WAEMU IS an organization of eight, mainly French-speaking, states within the Economic Community of West African States (ECOWAS) which […]