Ex-Mauritanian leader nabbed Tuesday on corruption charges

Former Mauritanian President Mohamed Ould Abdelaziz was arrested Tuesday night and detained at the anti-corruption division of a court in the capital Nouakchott, Le360.ma reports citing his defense team. Ould Abdelazziz since leaving power in 2019 has been in the eye of the storm with the country’s justice hunting him down for corruption and public […]

World’s worst-performing currencies: Ghana’s cedi, as Nigeria’s naira, SA’s rand also struggle

Ghana’s cedi slumped over the last three days to become the world’s worst-performing currency this year as investors continued to squeeze foreign capital into the West African country. The currency of the world’s second-biggest cocoa producer depreciated as much as 3.3%, which took its losses this year to more than 45%, the most among 148 […]

Algeria: Appeal court upholds sentences against Said Bouteflika, Gen. Toufik, Tartag

An appeal court in Algiers upheld 15-year in jail sentence against Said Bouteflika, the brother of former President Abdel Aziz Bouteflika, and against the former commander of intelligence services, Mohamed Medienne aka Toufik. The two men, in addition to General Athmane “Bachir” Tartag, were handed 15 years in jail sentences in September for plotting against […]