Misjudged risk assessments and persistent financial bias are costing African countries a staggering $75 billion annually in inflated borrowing costs and lost revenues, according to the Africa Finance Corporation (AFC). AFC President Samaila Zubairu described the misperception as a “prejudice premium,” arguing that Africa’s default rates are “really, really exaggerated.” Research by Moody’s Ratings supports […]
The leader of Tunisian Republican Union Party, Lotfi Mraihi, who has announced his intention to run for President in the elections of October 2024, has been arrested by police on suspicion of money laundering. Mraihi is one of the most prominent critics of President Kais Saied who is tightening his grip on power and eliminating […]
Tunisia’s defense ministry indicated Tuesday two of its soldiers died after a landmine exploded near the Algerian border. “Two soldiers died, one last night and the second early this morning, after they were injured in a landmine explosion in Mount Mghila on Monday,” the ministry’s spokesman Belhassen Oueslati told the media. The ministry did not […]
