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EU Removes UAE from Money Laundering Watchlist, Adds Algeria to High-Risk Category
On Tuesday, European Union announced the removal of the United Arab Emirates from its “high-risk” list for money laundering. In addition to the UAE, the EU also delisted Barbados, Gibraltar, Jamaica, Panama, the Philippines, Senegal, and Uganda. At the same time, Monaco was added to the list along with nine other countries. According to the […]
Powering rural communities: Uganda secures $200 million from China
The Rural Electrification Agency (REA) of Uganda has invited sealed bids for construction and completion of the 11kV/33kV lines and associated low voltage networks for grid intensification in the East African nation. The development comes after Parliament okayed government to borrow $200 million from the Exim Bank of China to finance the power distribution project […]
Sahara: Polisario rejects new UN Sahara Envoy pick, deepening its international isolation
The proposed UN envoy for the Sahara, ex-Romania’s Prime Minister, Petre Roman has been rejected by the Algeria-backed polisario front, according to Moroccan news website le360.com. Refusing the pick of UN Secretary General Antonio Guterres to fill the vacant post since May 2019 following the resignation of German Horst Köhler, will deepen further the […]



