money laundering

Kidnappings for ransom soar in ‘triangle of death’, worsening insecurity in west Africa

For over 20 years, kidnappings for ransom have plagued the border regions where Chad, Cameroon and the Central African Republic meet, but the lack of an effective response from the Chadian state raises fears of a regional security crisis affecting its neighboring countries. The kidnappings have become a scourge in southwest Chad, with over 1,500 […]

Egypt values compensation for Suez Canal blockage at over $1bn

Egyptian authorities expect to get more than $1 billion from Ever Given to cover damage and losses incurred in operations to float the mega ship that blocked the vital waterway for several days. The chairman of the Suez Canal Authority (SCA), Osama Rabei told media that the authority launched Wednesday probe into the incident that […]

Morocco to propose a roadmap for renewal of international cooperation for benefit of middle-income countries

Morocco has pledged to propose a roadmap for the renewal of international cooperation for the benefit of middle-income countries. The pledge was made in New York Wednesday after Morocco was elected, in the person of its permanent representative to the UN, Omar Hilale, chair of the Group of Friends of Middle-Income Countries at the United […]