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.
Deposits grow 2.7%, supporting lending recovery Average loan sizes small, credit risk persists ...
Oil majors expand offshore exploration from Senegal to Angola Gulf of Guinea accounts for about 1...
Rwanda, partners break ground on $2 billion Kigali Innovation City Smart city targets ...
MTN is considering buying back telecom towers it sold years ago, signalling that control of infras...
Ziidi Trader enables NSE share trading via M-Pesa M-Pesa revenue rose 15.2% to 161.1 billio...
TotalEnergies is preparing a first development phase on Namibia’s PEL 83 block using an FPSO with capacity above 200,000 barrels per day. The...
Togo plans to mobilize $126.6 million for its energy sector in 2026. The allocation represents 99% of the Energy Ministry’s CFA71 billion...
Authorities will open tobacco auctions on March 4, 2026, with contract sales starting March 5. Initial projections target a 360,000-ton harvest,...
The government will invest $330 million in emergency and recovery measures. Floods have displaced 188,000 people and submerged 110,000...
had relaunched the International Festival of Saharan Cultures (FICSA) in Amdjarass after a seven-year hiatus. Niger participates as guest of honor,...
Porlahla Festival ends third edition in Kouto, promoting Senufo culture Event draws regional and international participants, boosting cultural...