Money laundering

Morocco to Build €284 Mln hydroelectric Plant near Agadir

Morocco has awarded French VINCI Construction company a €284 million contract for building a pumped storage hydroelectric plant (PSP), located 70 km from Agadir. The project is part of the North African Kingdom’s plan to develop and integrate renewable energies. The contract covers construction surveys, civil engineering works, supply of materials and pumping equipment, assembly, […]

Libya: Islamic State follows Tobruk’s footsteps and calls for reinforcement

As clashes of government troops in Libya against the Islamic State (IS) militants continue, a video has been released by the extremist group calling for more militants to join them in Libya. Last week, the Tobruk based-government requested brother Arab countries to help it fight the group but the rival government in Tripoli warned that […]

Somali piracy resurgence alongside Houthi militant attacks raises security concerns — Stratfor

The current resurgence in piracy off the Somali coast, will likely put additional pressure on the already strained global shipping industry and increase the militarization of the western Indian Ocean, which could in turn further escalate geopolitical tensions between India and China, says a latest analysis by Stratfor. Though such piracy’s impact will likely be […]