Finance
Nigeria: Over 60% of MDAs Breach Financial Regulations as House of Reps Raises Alarm Over Missing ₦250bn
The Nigerian House of Representatives has expressed concern over the disappearance of more than ₦250 billion in public funds, citing alarming levels of...
Nigeria: FG Warns Auto Dealer, Sarkinmota, Over Viral Promotional Video Mocking Civil Servants Purchasing Power – But Ignores Wage Crisis
The Federal Government has issued a stern warning to Abuja-based auto dealer, Alamin Sarkinmota, over a viral promotional video that mocked the purchasing...
Mali Partners with Russia to Build Gold Refinery in Bamako, Aiming to Maximize Resource Control and Revenue
Mali has signed a strategic partnership with Russia to build a gold refinery in Bamako’s capital to take greater control over its mineral...
Gabon to Ban Raw Manganese Exports by 2029, Chicken Imports by 2027 to Boost Local Industry
Gabon will halt the export of raw manganese from 1 January 2029 as part of a national strategy to strengthen local industry and...
Ghana’s Gold Output to Rise 6.25% to 5.1 Million Ounces in 2025 – Chamber of Mines
Ghana’s gold output is projected to rise by 6.25 per cent to 5.1 million ounces in 2025, according to the Ghana Chamber of...
Guinea Revokes 129 Mining Permits in Bid to Reclaim Control Over Resources
Guinea’s government has revoked 129 mineral exploration permits, stepping up efforts to regain control over the country’s vast natural resources. The decision was...
Tinubu Seeks NASS Approval to Borrow $21.5bn, ¥15bn, €2.2bn Amid Soaring Debt
Nigeria’s president, Bola Ahmed Tinubu, has asked the National Assembly to approve a fresh external borrowing plan of $21.5 billion, €2.2 billion, ¥15...
Burkina Faso Flags Off $11.5m Cashew Factory to Eliminate $111m Cheap Unprocessed Annual Cashew Export
Burkina Faso is intensifying efforts to end the export of raw agricultural products by investing heavily in local processing industries. The latest move...
Burkina Faso Distributes $179 million Worth of Agricultural Equipment to Farmers Using Funds from Nationalised Gold Mining Operations
Burkina Faso has launched a major agricultural campaign funded by internally generated revenues. On 22 May 2025, President Ibrahim Traoré handed over more...
DR Congo: Former Prime Minister Matata Ponyo to Serve 10 Years in Prison for Embezzlement, Alongside Central Bank Governor
The Constitutional Court of the Democratic Republic of Congo has sentenced former Prime Minister Augustin Ponyo to 10 years of forced labour for...
Nigeria’s National Assembly Padded 2025 Budget with Dubious, Vague Projects Worth N6.93 Trillion – BudgIT
BudgIT, a civic tech organisation focused on public finance reform, has uncovered 11,122 projects worth N6.93 trillion inserted into the 2025 federal budget...
Cote d’Ivoire’s Public Institutions Sign Deal with French Airline Corsair for Discounted Paris Flights and Preferential Healthcare, Despite Citizens Struggling with Poor Health Services
Five top Ivorian public institutions have signed a fresh partnership with French airline Corsair, granting government officials and their families discounted flights to...