illicit financial flows

Racism at heart of brewing tension between Algeria and Niger

Niger is becoming the next country to be targeted by Algeria’s hostile acts that are rooted in a racist attitude among Algerian state officials towards a neighborhood where Algiers has sowed discord with most neighbors. At the heart of the new discord is the recurrent issue of Algerian mistreatment of Sub-Saharan migrants and Niger nationals […]

UK fintech Revolut seeks foothold in Moroccan market

British fintech giant Revolut is in advanced negotiations with Bank Al-Maghrib as it seeks to establish a strategic foothold in Morocco, potentially positioning the country as its continental base for expansion across Africa. Speaking to reporters, governor of Morocco’s central bank Abdellatif Jouahri said the institution held technical meetings with Revolut’s representatives in June and […]

Sudan: At least 50 dead in gold mine collapse as calls grow for regulation of artisanal mining

A deadly gold mine collapse in northeastern Sudan’s Howaid desert has claimed the lives of at least 50 people, according to local media reports. The incident occurred over the week-end in Nile River State, where artisanal mining is rampant and largely unregulated. Eyewitnesses said miners were trapped beneath a sudden avalanche of sand and rock […]