Leaked loan documents, bank records and whistleblower accounts reveal how the former Nilepet Managing Director allegedly pressured subordinates to borrow USD 1 million in the national oil company’s name, then routed the funds through a subsidiary to his wife’s private account to construct a hospital in a Juba property linked to a UN-sanctioned general. Now Afriland First Bank is preparing to sue the subsidiary he left holding the debt, while Amuor poses as a governance reformer.
For years, warning signs have accumulated over the management of South Sudan’s oil revenues. Resources that should have sustained a population enduring one of the world’s most severe humanitarian crises have instead disappeared through opaque networks linked to a small circle of senior officials and their intermediaries. Neither the authorities in Juba nor the international […]
Secretary of State Antony J. Blinken will visit Kenya, Nigeria, and Senegal from November 15-20, underscoring the depth and breadth of our relationships with African partners. During the visit, the Secretary will advance U.S.-Africa collaboration on shared global priorities, including ending the COVID-19 pandemic and building back to a more inclusive global economy, combatting the […]
As Uhuru Kenyatta mounted a political comeback by campaigning against corruption, his family’s secret fortune was growing offshore, a massive new leak shows. The secret deals and hidden assets of some of the world’s richest and most powerful people have been revealed in the biggest trove of leaked offshore data in history. Branded the Pandora […]
When spirits maker Diageo faced slowing growth in developed economies, it started expanding in emerging markets. By 2004, however, many of these mature markets were becoming saturated. Emerging markets, on the other hand, were growing quickly, and the company saw an opportunity in them. Africa provided an attractive target. Its population had been growing at […]
Since Monday, African countries and Britain have signed deals worth Sh857 billion at a landmark event in London. The UK-Africa Investment Summit is expected to drive jobs and growth in all parts of the United Kingdom and Africa. “We are announcing 27 deals worth over Sh857 billion from across the African markets invited to UK-Africa […]
President Kenyatta has been away for almost a week on official duties and according to local media, the head of state hired a Dubai-based Airbus A318-112 (CJ) Elite A6-CAS as his air transport. According to Information in the CAS website, the private and customized jet is suited with three presidential spacious cabins with sliding partition […]
Russian President Vladimir Putin has today held a conference with all African leaders in what is dubbed as Russia-Africa summit. Putin and AU’s Chair, Egypt President Abdel Fattah el-Sisi are the brains behind the event held in the coastal resort city of Sochi, Russia. “This is the first event of this level in the history […]
By Reinhard Asamo China’s Africa Strategy Decades ago, China influence in Africa was limited. Its aid influence were highly significant and its diplomats relatively unskilled. And many Chinese were unsure about their country’s role as an International actor in the International system. In many instances, China did very little rather than defending core interest like […]
The informal economy in Africa is big business. The International Labour Organisation (ILO) estimates that its average size as a percentage of gross domestic product in sub-Saharan Africa is 41%. This ranges from under 30% in South Africa to 60% in Nigeria, Tanzania and Zimbabwe. It is also a huge employer. It represents about three-quarters […]
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