illicit financial flows

Ethiopia on Edge as Egypt-Somalia Defense Pact Shifts Regional Balance

The Horn of Africa is buzzing with tension as Ethiopia eyes a recent defense agreement between Egypt and Somalia with growing unease. This diplomatic move has stirred up a complex web of regional disputes, threatening to upset the delicate balance of power in this strategically crucial area. At the heart of the matter are two […]

Africa must combat illicit trade in natural resources — reports

To protect its abundant natural resources, African countries need to make concerted efforts to combat illicit resource trade, according to reports from the African Development Bank (AfDB) and United Nations Environment Program (UNEP). Africa boasts a significant amount of the world’s natural resources, both renewable and non-renewable, including arable land, oil, natural gas, minerals and […]

Morocco seeks 60,000 tons of rail for Marrakech TGV

Morocco has launched a tender for 60,000 tons of rail to extend Africa’s fastest train to Marrakech. Morocco has inaugurated the high-speed train, known as TGV or Bourak in Arabic, in 2018 linking Casablanca to Tangier. The new railway would cost 612 million dirhams ($62 million), Moroccan state-owned rail operator ONCF said. Morocco’s extension of […]