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Oil and Gas: African countries to raise $2 billion for energy projects
Nigerian Minister of State for Petroleum Resources Ibe Kachikwu on Monday disclosed that Nigeria will mobilize other oil and gas producers in Africa on the platform of the African Petroleum Producers Organization to raise up to $2 billion to finance energy projects across the continent. According to Kachikwu, member countries of APPO were already looking […]
Burking Faso proposes establishing joint Russia-Africa bank to promote trade
Africa should aim at creating a joint bank with Russia to facilitate financial transactions between both sides and promote trade, according to one of Burkina Faso’s leading political figures. “I think that when it comes to strengthening cooperation with Russia in key areas of the economy, it is very important that we explore the possibility […]
Corruption scandal at a South African-based organization
An internal investigation was launched within the African Peer Review Mechanism (APRM), after several complaints were leveled against this instrument of the African Union for corruption, nepotism, favoritism and intimidation. Paris-based “Jeune Afrique” which reported the news said it took knowledge of the 26-page audit document drafted in July by APRM employees. The document […]



