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Mozambique’s ex-finance minister to be extradited to US for role in bond fraud
Mozambique’s former Finance Minister, Manuel Chang, will reportedly be extradited to New York next month to face charges in the United States over his role in a $2 billion bond fraud scandal involving also Credit Suisse Group AG that paid $475 million for its role in alleged fraud, a UN prosecutor said on Monday June […]
Is Algeria Becoming a New Hub for Cocaine Trafficking?
After the seizure of more than 700 kg of cocaine in Algeria’s wester port of Oran, new developments in the case show the involvement of judges and other officials in what is being described as a lucrative trafficking activity in Algeria. Acting on a tip-off, Algerian coastal guard found the drug on May 31 in […]
Morocco invested over $791 Mln on Electricity & Water Projects in 2020
Moroccan Electricity and Drinking Water Office (ONEE) invested last year more than $791 million, including $390 million injected in electricity projects and $401 million spent on water programs. These figures have been unveiled by ONEE Director General Abderrahim El Hafidi during a meeting of the Board of Directors of the Office, held lately under the […]



