Kenya’s finance minister was arrested on Monday on corruption charges in the East African nation. Mr Henry Rotich turned himself in to authorities on Monday and is currently in police custody, according to the country’s Director of Public Prosecutions Noordin Haji. The charges against Rotich relate to a project to build two hydroelectric dams in […]
The Algerian regime has been listed by the EU Parliament among high-risk countries for money laundering and terrorism financing. The move is expected to have serious economic repercussions for the country, viewed as a “rogue state”. The European lawmakers have approved lately a European Commission resolution adding Algeria to the EU’s list of high-risk countries […]
Foreign investment in Algeria plummeted to $1.2 billion in 2017, a drop of 26 per cent compared to 2016, according to the UN Conference on Trade and Development (UNCTAD). The figures show Algeria’s perceived unfriendliness among foreign investors who are expecting genuine reforms that inspire confidence instead of superficial measures. In the Doing Business Index, […]
