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Corruption: Nigeria to confiscate $40 m of jewellery from ex-Minister
In Nigeria, a court has ordered the imminent seizure of $40 million worth of jewellery and a customized gold iPhone belonging to former oil minister Diezani Alison-Madueke, the country’s anti-graft agency said. The items, including hundreds of bangles, rings, earrings, necklaces and watches, were found at a property owned by Alison-Madueke, the Economic and Financial […]
Côte d’Ivoire launches Lobo gold mine expected to generate $259m in proceeds
Australian gold explorer and developer company Tietto Minerals has inaugurated a gold mine in Côte d’Ivoire for a total investment of $278 million. The mine is expected to generate $259 million revenues for the Ivorian State, ‘Sika Finance’ reports. The mine dubbed Lobo is named after the river housing it. It is situated in Daloa […]
Uganda plans to build railway connecting Kampala to Kenya and later to South Sudan
Uganda’s President Yoweri Museveni has proposed plans to build a new standard gauge railway (SGR) linking Kampala, the capital city, with the Kenyan border, reports say. “We’re going to build a brand-new SGR line from Kampala to Kasese. Later on, we will extend it from Kampala to the border of Kenya and then to South […]



