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Africa pays high price for misjudged risk — $75bn lost annually
Misjudged risk assessments and persistent financial bias are costing African countries a staggering $75 billion annually in inflated borrowing costs and lost revenues, according to the Africa Finance Corporation (AFC). AFC President Samaila Zubairu described the misperception as a “prejudice premium,” arguing that Africa’s default rates are “really, really exaggerated.” Research by Moody’s Ratings supports […]
French Court Rules in favour of Moroccan King’s Private Secretary
A French court has ruled in favour of Mohamed Mounir El Majidi, the Private Secretary of Morocco’s King Mohammed VI in a blackmail case. The case dates back to the summer of 2012 when El Majidi had filed a lawsuit against Moroccan journalist Ahmed Reda Benchemsi for blackmailing him in a column published by French […]
US Defense Secretary confirms Iran plotted to assassinate Saudi FM
US Secretary of Defense Tuesday told US CBS that Iran sponsored an assassination attempt on his friend and Saudi Foreign Minister Adel Al-Jubeir in 2011 when he was Saudi ambassador to Washington James Mattis told CBS’s Face the Nation that Iran directed two assassins to plant explosives to target Al-Jubeir while he was in Washington. […]



