The international financial institution is considering incorporating governance and anti-corruption into the conditionality of its lending programmes and for first time in its history has set up an anti-corruption unit.
The institution headed by former Gabonese prime minister Daniel Ona Ondo has set its 2022 spending programme at 94bn CFA francs. This looks like an increase on the previous year but, in fact, the failure of member states to pay their contributions will lead to a drastic reduction in its operating costs.
The financials of the major's departure from the Doba Basin are being hashed out with the Chadian authorities. The matter is being taken up by the president's new secretary general.
Kipay Investments' boss Eric Monga has chastised his partner Chinese construction giant PowerChina, with whom he is associated for construction of the 150 MW hydroelectric power station in Upper Katanga, for not respecting the project's timeline.
Coral Energy, a small structure, just won a highly-profitable contract from the Gabonese state-run oil company for one of its most sought-after products. The company that previously handled the contract is fighting SOGARA in court.
Europe's GARSI (Rapid Action Groups - Monitoring and Intervention in the Sahel) project is to provide minidrones, body armour and uniforms to elite units in Chad.
Emmanuel de Tailly, the boss of Société Anonyme des Brasseries du Cameroun, a Castel Group subsidiary, has tendered his resignation after an accident involving one of the firm's vehicles that resulted in a death. But it is not expected to be accepted.
French Orange and South African MTN are considering sharing their telecommunications towers in the six African countries where they are both active. They have reportedly asked McKinsey to research the idea.
As Afar forces battle with Tigray Defense Forces in the region's north-west, Somali-Issa and Afar communities have begun fighting in the south-east.
As his term comes to a close, the Kenyan president has made a number of prominent public figures in his administration "honorory wardens" for their efforts to protect the environment, a largely symbolic title which adds weight when mobilising foreign investments for tourism projects.
Josias van Zyl has won the latest battle in the legal war he has been waging on Lesotho and South Africa over the loss of his diamond concessions that were submerged thirty years ago when the huge Katse Dam was filled.
The sharp increase in European gas prices resulting from the Russian-Ukrainian war has raised questions over Morocco's plans to import gas from Spain now that it is no longer taking gas from Algeria. Rabat has slowed plans to reverse gas flows between Morocco and Spain and install a floating barge.
To satisfy the region's persistent sweet tooth despite the current surge in sugar prices, sugar producers Cosumar, from Morocco, and Algeria's Cevital, have little choice but to keep buying their supplies from Brazil, for which they rely on increasingly dominant heavyweights such as Sao Paulo's Raizen and Copersucar.
TLS Group is boosting its presence in Africa in the field of visa application management for European countries.
