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Dominican Republic: Police bust money laundering cell connected to drug trafficking between Spain & Morocco
Security authorities in the Dominican Republic have deported a French national, boss of a network accused of laundering money coming from drug trafficking activities between Spain and Morocco. The French, Michel Pierre Vincent Loubet, had been arrested last week alongside four other Spanish nationals in the northern part of the Central American country. The operation […]
Kofi Annan Calls from Marrakech for a Reform of the UN System
Former UN Secretary General, Kofi Annan, stressed in Marrakech that the UN system must be reformed to adapt to the changes in the globe or risk irrelevance. Speaking at the Mo Ibrahim Governance Weekend, the former UN chief underscored the importance of such reforms regardless of the complexities inherent to it. “The UN by itself […]
Nigeria beats Algeria in bid to host $5 billion Africa Energy Bank
Oil and gas rich Nigeria has defeated Algeria and other competitors, after it was chosen as the host of the newly created Africa Energy Bank, worth $5 billion. In hosting the new lender, Nigeria will become “at the forefront of Africa’s energy future,” said Nigerian oil minister Heineken Lokpobiri. The new bank aims to address […]



