Algeria is rushing to find an alternative to Russian arms which has fallen sharply due to the war effort in Ukraine. Algeria has for long been the third buyer of Russian arms which make up more than 80% of its arsenal. The war in Ukraine has disrupted major transactions, including a 7 billion-dollar-deal to buy […]
Peer-to-peer bitcoin trading platforms have seen a rise in users from Morocco over the last three years despite a ban by the central bank of cryptocurrencies, coindesk.com said. Quoting LocalBitcoins Chief Marketing Officer Jukka Blomberg, the website said that February 2021 was the platform’s “best month ever” in Morocco in terms of trading volumes, adding […]
Somalia has intensified its campaign against terrorism financing, taking decisive action to dismantle the financial infrastructure sustaining extremist group Al-Shabaab. The National Committee for Combating Money Laundering and Countering the Financing of Terrorism (AML/CFT), led by Finance Minister Bihi Iman Egeh, reported the deactivation of 575 mobile lines and the freezing of 21 bank accounts […]
