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.
Ethiopia agreed in principle with investors holding over 45% of its $1 billion eurobond due 2...
The BCID-AES launches with 500B CFA to fund Sahel infrastructure, asserting sovereignty from the B...
Africa’s AI adoption is accelerating, but its ability to scale depends primarily on foundational i...
Flutterwave acquired Nigerian open banking startup Mono in an all-share deal valued between $...
African billionaires increased their combined net worth by $21.9 billion in 2025. Nigerian b...
Ethiopia begins construction of Africa’s largest airport near Addis Ababa Bishoftu airport planned to handle 110 million passengers annually Project...
Collaborative programs are emerging across Africa to promote inclusive employment Public, private, and international actors are increasingly...
This week in Africa, Africa CDC continues its clinical trial on mpox, while a new study highlights limits in malaria control efforts. Surveillance against...
2026 budget introduces a 25%–35% cut in the annual forestry fee Incentive targets certified operators to curb illegal logging Past underreporting cost...
The Sundance Institute selected three African films from more than 16,000 submissions across 164 countries. The 2026 festival will run from January 22...
Organizers opened submissions for the sixth Annaba Mediterranean Film Festival from Jan. 8 to Feb. 28, 2026. The festival accepts feature films, short...