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Mauritania: Business tycoon Bouamatou returns home after prosecution scraped charges
Mohamed Ould Bouamatou, Mauritania’s most successful businessman, returned home from a decade-long exile, after corruption and fiscal fraud charges against him were dropped last month. The owner of GBM bank and the BSA group landed in capital Nouakchott Monday night onboard a private jet, Le360.ma reports. Bouamatou fled Mauritania in early 2010 after falling out […]
Egypt ranks among the Top 10 African Nations for infrastructure improvements
A recent report by Business Africa has identified the top 10 African nations with the most improved infrastructures in 2023, highlighting five Arab countries: Egypt, Morocco, Algeria, Tunisia, and Libya. The report underscores the strategic partnerships being formed among African Governments, private sector investors, and international financial organizations to address the continent’s infrastructure financing gap. […]
USAID shutters after 63 years, leaving Africa at a crossroads
In a landmark shift in U.S. foreign policy, the U.S. Agency for International Development (USAID) officially closed its doors on Tuesday (1 July), with all operations absorbed by the State Department. The decision, driven by President Trump’s executive order and enacted by Secretary of State Marco Rubio, marks the end of a 63-year institution central […]



