Mauritania’s former President Mohamed Ould Abdel Aziz is on trial on corruption charges, accused of amassing a $72m fortune while in office, whereby the prosecution of a former leader is unprecedented in the country and extremely rare in Africa. Abdel Aziz, a 66-year-old former general, is accused of amassing an illicit personal fortune during his […]
After more than three years of limited business transactions between Algeria and Egypt due to the heavily contested FIFA World Cup qualifying match which was won by Algeria in 2009, businessmen in Egypt are willing to have a renaissance. They are planning on establishing an industrial zone within Algeria in an attempt to create and […]
Marsa Maroc and Terminal Investment Limited (TIL), a subsidiary of Mediterranean Shipping Company (MSC), the world’s leading shipping group, signed a partnership agreement under which TIL will acquire a stake in the concessionary subsidiary of a container terminal at the port of Nador West Med. “Upon finalization of this agreement, which is subject to the […]
