Despite a ban from authorities and preliminary results showing President Felix Tshisekedi in a significant lead, opposition candidates in the Democratic Republic of Congo are determined to march in Kinshasa on Wednesday, alleging election irregularities. Martin Fayulu, a prominent contender challenging Tshisekedi, emphasised the opposition’s conviction that the election was fraudulent. “We are going to Read More…
Africa
Tragedy strikes Conakry: Oil terminal blast leaves 8 dead, dozens injured
An unfortunate incident shook Guinea’s capital, Conakry, as an explosion at the main oil terminal claimed the lives of at least eight individuals and left 84 others injured early on Monday. The aftermath of the blast resulted in a blaze that authorities are striving to contain, revealed a senior police official. Eyewitnesses described the harrowing Read More…
$90 Billion Illicit Outflow: AfDB Academy’s Masterstroke
Like many other development enthusiasts on the African continent, I was shocked by the recent disclosure made by Prof. Kevin Chika Urama, Vice President of the African Development Bank Group (AfDB), that African countries lose almost $90 billion in illicit financial flows annually and much more in illicit resource flows and resource theft, poorly implemented Read More…
AfDB’s PFMA graduates emerge as torchbearers in Africa’s fiscal management
Public Finance Management Academy sees inaugural cohort’s graduation ceremony with a focus on accountability, transparency, and economic governance. Prof. Kevin Chika Urama, Chief Economist and Vice President of the African Development Bank Group, lauded the significant milestone at the graduation ceremony of the first cohort of the Public Finance Management Academy (PFMA) for Africa. The Read More…
German Institute urges EU-Africa WTO reform to counter Chinese influence
The German Economic Institute (IW) is advocating for a strategic collaboration between the European Union (EU) and African nations to overhaul World Trade Organisation (WTO) subsidy regulations, aiming to mitigate Chinese market imbalances and diplomatic leverage. In a recent publication, the IW proposed this strategy, emphasising the need to address distortions caused by China’s economic Read More…
GIABA urges West African states to prioritise prosecution of illicit financial flows
In a bid to combat terrorism financing and tackle financial crimes, the Inter-Governmental Action Group against Money Laundering in West Africa (GIABA) has emphasised the urgent need for member states to prioritise the prosecution of illicit financial flows. The call came during the 2023 summit for Compliance Officers in West Africa, themed around the “Intersection Read More…
Former Guinean Military Leader Moussa Dadis Camara recaptured after prison escape
Guinea’s former military leader, Moussa Dadis Camara, who managed to escape from the central prison in Conakry, the capital of Guinea on Saturday morning, has been successfully recaptured, as confirmed by Guinean armed forces. Ibrahima Sory Bangoura, the Chief of Staff and General of the Armed Forces of the Guinean Transitional Government verified this development Read More…
Babysitting France in Africa
FRANCE is a problem. In Africa, it is a man-child fighting hard to retain its feeding bottle. The United Kingdom-based Socialist Labour organised a virtual conference of Africans to discuss this and the current crises in Africa, with an emphasis on the Francophone countries. Co-ordinator Tokunbo Oke, in commenting on the theme, “The Niger Coup: Read More…
Memo To Their Excellencies
Your Excellencies, greetings from Citizenville. It is not fashionable that anyone from this valley of citizens would nurse the pretence of counselling you as you perch on your high pedestals all over Africa. But times have changed. This is 2023. Many of you still live in the era of England’s King James I (reigned 1603–1625), who famously Read More…
Gabonese Coup: The fault is not in the electorate
THE scenario has various strands of familiarity. I mean the military coup of Wednesday, August 30, 2023 that removed Gabonese President Ali Bongo Ondimba. An elected African dictator in a well-fortified Presidential Palace finds his palace has become his prison. It is like the fish realising that the water it is swimming in is boiling. Read More…