Mike Pompeo in Angola

Congo Mining Giants Under Fire Over Massive $17B Revenue Discrepancy

A state audit in the Democratic Republic of Congo has uncovered a staggering $16.8 billion discrepancy in mining revenue declarations between 2018 and 2023, raising serious concerns about transparency and accountability in one of Africa’s richest resource nations. According to the Court of Auditors’ June report, mining companies declared $98.2 billion in revenue to tax […]

Nigeria still preparing for AfCFTA as eight African countries ready to start trading

Nigeria continues to lag behind in making the AfCFTA trade agreement operational, as a number of other African countries have been chosen to begin exchanging goods and services under the AfCFTA terms. Almost two years after the implementation of the African Continental Free Trade Area Agreement (AfCFTA), which came into force on 1 January 2021, […]

Ex-Guinea-Bissau PM Embalo Wins Presidential Election

Former Prime Minister and ex-army general Umaro Cissoko Embalo has won last week presidential election in Guinea-Bissau, with 54% of the vote, the electoral commission said on Wednesday. Embalo, 47, who beat another former Prime Minister Domingos Simoes Pereira in a run-off vote, will succeed incumbent President Jose Mario Vaz. The new elected leader served […]