The Government of the Republic of Congo, through its Ministry of Posts and Telecommunications, has decided to conduct an administrative, financial and accounting audit of the management of the Central Africa Backbone project for 2020 and 2021.
On 17 April this year, the government launched a tender to select the firm that will be in charge of this mission. According to the Congolese Ministry of Posts and Telecommunications, the firm to be recruited is expected to express an opinion supported by evidence on the management of resources allocated to the CAB-Congo project at the end of each financial year, after reviewing the financial statements, statements of expenditure and special accounts of all resources received by the CAB project, both from the African Development Bank (AfDB) and the Congolese government’s counterpart. Expressions of interest are expected by May 5.
According to Michel Ngakala, the acting coordinator of the CAB-Congo project coordination unit, the Republic of Congo will use part of the funding provided by the AfDB group to cover the cost of the CAB-Congo project to be able to afford the services of the firm that will carry out the audits.
ECOWAS central bank governors reaffirm a 2027 target for launching the Eco. Nigeria signals...
Algeria plans to launch construction of the $13 billion Trans-Saharan Gas Pipeline (TSGP) a...
West African Development Bank (BOAD) launched preparation of its 2026–2030 strategic plan wit...
Kenya raised $2.25B via dual-tranche Eurobonds to buy back 2028/2032 debt, luring investors w...
Siguiri mine produced 289,000 ounces in 2025, up 6% Fourth-quarter output rose 15%, boosting annu...
Parliament approves €140 million (about $165 million) IsDB financing Funds to pave 53-km Mali–Gadalougué road and related...
New joint authority to manage Kazungula Bridge and one-stop border post Move aims to cut transit delays and support AfCFTA integration Bridge...
Federal and Kaduna State governments to invest $29.5 million in ginger hub Facility aims to boost processing capacity and reduce post-harvest...
Panoro to raise stake in offshore Block G to 54.625% $180 million deal with Kosmos adds 46 million barrels of 2P reserves Company targets...
More than 500 media leaders gathered in Nairobi on Feb. 25–26 for the fourth African Media Festival under the theme “Resilient Stories: Reinventing...
Located about 500 kilometers southwest of Cairo, between the oases of Bahariya and Farafra, the White Desert stands out as one of Egypt’s most distinctive...