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Ecobank chairman Kolapo Lawson was forced to stand down in late October after concerns were raised about corporate governance. Media reports said Lawson agreed to go after board members meeting in Ghana decided his departure was
necessary to restore confidence among customers and shareholders following a battle over governance issues. The Nigerian central bank wrote to the pan-African lender in April, notifying it of Lawson’s failure to repay $8.79m (N1.4bn) in debts sold to state-owned Asset Management Corporation of Nigeria and a further N1.6bn owed to Ecobank by businesses associated with him. 


Free

President Idriss Déby Itno has attempted to get tough with China National Petroleum Corporation (CNPC) over environmental violations at the Ronier field. This minor development is significant because of increased international interest in the Chadian upstream, with new companies taking acreage in the hope of finding successful rift basin plays, and for what it says about N’Djaména’s relationship with its biggest investor. The government halted CNPC’s operations in August after finding waste crude stored in open pits. However, it lifted the suspension in October after CNPC promised to literally clean up its act.

Chad
Free

A senior team leader at the Ethiopian Revenue & Customs Authority (ERCA) was jailed for five-and-a-half years in late July for receiving bribes and abuse of power. The Federal Ethics and Anti-Corruption Commission arrested several ERCA officials on suspicion of corruption in May 2013 and charges were made later that month. Kumlachew Yeshambel was charged with taking 200,000 birr ($10,600) in bribes.

Ethiopia
Free

An investigation committee appointed by President Salva Kiir has recommended criminal proceedings against former cabinet affairs minister Deng Alor Kuol for an alleged ‘un-procedural’ transfer of $8m to Kenyan-based company Daffy Investment Group. Alor Kuol was suspended from the government in June, along with former finance minister Kosti Manibe Ngai. Manibe Ngai has since been cleared of any criminal responsibility.

South Sudan
Free

Liberian farmers, charcoal producers and workers have filed a complaint with the US Overseas Private Investment Corporation (Opic), accusing it of failing to monitor investments made to a failed biomass project. Between 2009 and 2011, Buchanan Renewables (BR) received $216.7m from Opic for a project to harvest rubber trees for biomass, rejuvenate family farms and generate sustainable energy for Liberia. Opic’s investment covered 70% of the costs of the project, which aimed to convert old rubber trees from the former Firestone plantation to woodchip. The woodchips were intended to fuel a 36MW biomass power plant in Monrovia and be sold for export.

Liberia
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The former head of state electricity company Société Nigérienne d’Electricité (Nigelec) Foukory Ibrahim has been arrested and jailed on suspicion of embezzling some CFA20bn (£25.7m). Ibrahim was an ally of former president Mamadou Tandja, who was toppled in a February 2010 military coup. Ibrahim had immunity as a serving MP for the Mouvement National pour la Société du Développement, which is now in opposition, but this was lifted last year.

Niger
Free

As usual, there was no explanation from Luanda of President José Eduardo dos Santos’ partial government reshuffle on 5 October, which reorganised key economic departments and the senior ranks of the military.

Angola
Free

A former consultant with US pipeline contractor Willbros International has been sentenced to 15 months in prison for his role in a conspiracy to pay some $6m in bribes to Nigerian officials. The consultant, Paul Novak, was also managing director of Addax Nigeria before it was sold to Sinopec.

Nigeria
Free

President José Eduardo dos Santos and his Movimento Popular de Libertação de Angola (MPLA) party mobilised the apparel of state (along with Brazilian election experts and a massive birthday bash for the 70-year-old leader) to secure a landslide in the 31 August general election. The MPLA may not win as much as the 82% it won in 2008, but it will have gained enough votes to legitimise dos Santos’ 33-year rule – at least in the eyes of Angolan power-brokers – and open the way for peaceful political transition.

Angola
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South Africa’s Protection of State Information Bill, which was passed by a majority vote in parliament in late April and is now before President Jacob Zuma for signing, has been criticised by a number of bodies, including the Congress of South African Trade Unions (Cosatu), the Right2Know campaign and the New York-based Committee to Protect Journalists (CPJ).

South Africa
Subscriber

Mali’s economy and finance minister Aloussény Sanou has told other government departments their expected funding has been blocked. The move comes after the World Bank suspended its International Development Association (IDA) credits and other facilities to the country.

Mali
Subscriber

The Inter-American Development Bank (IDB) on 29 November said it had debarred Brussels-based Tractebel Engineering (TE Belgium) for 46 months for fraudulent and corrupt practices related to a project in Haiti in 2015-16. The decision qualifies TE Belgium for cross-debarment by the World Bank Group, African Development Bank, European Bank for Reconstruction and Development and other multilaterals.

Issue 265 - 08 November 2013

UK: Transparency legislation due in 2014

Free

Ecobank chairman Kolapo Lawson was forced to stand down in late October after concerns were raised about corporate governance. Media reports said Lawson agreed to go after board members meeting in Ghana decided his departure was
necessary to restore confidence among customers and shareholders following a battle over governance issues. The Nigerian central bank wrote to the pan-African lender in April, notifying it of Lawson’s failure to repay $8.79m (N1.4bn) in debts sold to state-owned Asset Management Corporation of Nigeria 


Issue 426 - 05 November 2020

World Bank debars Kalpataru, CEDRI

Subscriber

The World Bank has announced debarments of India’s Kalpataru Power Transmission Ltd and its regional subsidiaries and of China Electric Design and Research Institute (CEDRI). The bank said Kalpataru was sanctioned as a result of fraudulent practices when participating in the Southern African Power Market Project (SAPMP) in Democratic Republic of Congo, which rehabilitated and extended high-voltage power lines, and the Egypt Wind Power Development Project (EWPDP), which included developing transmission infrastructure.

DR Congo | Zambia
Subscriber

The National Energy Regulator of South Africa (Nersa) has approved a regulatory clearing account (RCA) balance for Eskom of R13.27bn ($763m).The RCA is a mechanism for recouping prudently incurred costs that were not foreseen in previous tariff determinations, as well as making adjustments where assumptions such as inflation and tariff income have varied. The balance will be recouped from standard tariff customers, special pricing arrangement customers and international customers. Eskom and Nersa have frequently found themselves at odds over the RCA as well as tariff determinations.

South Africa