Africa is hemorrhaging over $580 billion every year through corruption and illicit financial outflows, according to the African Development Bank (AfDB), jeopardizing economic growth and worsening the continent’s nearly $2 trillion debt crisis. AfDB President Akinwumi Adesina, speaking in a recent Bloomberg interview, likened the situation to pouring water into a leaking bucket — “It […]
Morocco’s solidarity with Africa is not hot air but a tangible reality. A reality that is taking shape and becoming more and more evident as King Mohammed VI has spearheaded over the past few days landmark projects in Senegal, Guinea-Bissau and Ivory Coast during his current African tour. The development projects and agreements sealed by […]
An Egyptian court Monday ruled in favor of the two sons of the ousted Egyptian President Hosni Mubarak, ordering their release, a lawyer of the defendants said. Alaa and Gamal Mubarak will be freed after spending three years behind bars since 2011, the year they were sentenced to three years in jail for corruption. A […]
