The International Monetary Fund (IMF) has raised significant concerns regarding the renationalization of Eneo in Cameroon. In its assessments made public in May 2026, the Washington-based institution issued a warning to Yaoundé about the potential financial implications of this operation. The move saw the state reclaim nearly all capital of what was formerly a subsidiary of the British fund Actis. Now rebranded as Société camerounaise d’électricité (Socadel), the company is 95% state-owned, with the remaining 5% allocated to employees. The IMF fears an immediate increase in the state’s financial commitments…
Read MoreCategory: News
Swiss prosecutors probe gunvor’s Gabon oil deal amidst corruption concerns
Commodity trading giant Gunvor finds itself under renewed criminal investigation in Switzerland, this time concerning a significant oil contract with Gabon valued at approximately one billion dollars. The proceedings, spearheaded by the Public Prosecutor’s Office of the Swiss Confederation (MPC), delve into the terms of the contract’s award and the intricate financial arrangements surrounding the agreement for Gabonese crude oil deliveries. Geneva continues to serve as a pivotal global hub for hydrocarbon trading, and in recent years, several key players in this sector have faced scrutiny over African corruption cases,…
Read MoreMali’s junta offers bounty for Sahel’s most wanted jihadist
The Malian junta has escalated its efforts to dismantle militant networks in the Sahel by placing a substantial bounty on the head of Iyad Ag Ghaly, the most hunted figure in the region. The announcement marks a bold move by the transitional government in Bamako, signaling a renewed commitment to combating extremist threats that have destabilized the country and neighboring nations for years. a high-stakes manhunt in the Sahel The decision to offer a reward for Ag Ghaly’s capture underscores the urgency of the situation. As the founder and leader…
Read MoreMali offers 3 million euros to capture JNIM leader iya ag ghaly
Mali launches unprecedented reward to capture JNIM’s mastermind The Malian authorities have escalated their fight against armed groups by announcing a record reward of 2 billion West African CFA francs (approximately 3 million euros) for any credible information leading to the capture or neutralisation of Iyad Ag Ghaly, the leader of the Group for the Support of Islam and Muslims (JNIM), an Al-Qaeda-affiliated organisation. This bold move comes amid a sharp deterioration in security across Mali, where coordinated attacks by JNIM and its allies in late April targeted multiple strategic…
Read MoreBamako unveils financial incentives for intelligence on Jnim and FLA leadership
Malian authorities have initiated a significant shift in their counter-terrorism strategy. On June 4, 2026, Bamako publicly revealed, through national television (ORTM), a new financial reward system designed to incentivize individuals to provide intelligence crucial for the apprehension or neutralization of leaders from the Group for the Support of Islam and Muslims (Jnim, an Al-Qaeda affiliate) and the Azawad Liberation Front (FLA). This unprecedented public declaration underscores the transitional government’s determination to engage the civilian populace in a conflict that the military has found challenging to overcome single-handedly. Public bounties…
Read MoreMali unveils bounty program for extremist leaders
The Malian government has initiated a significant program, announcing substantial financial rewards for anyone who can furnish intelligence leading to the location and capture of individuals implicated in attacks targeting citizens and vital installations throughout the nation. Officials have specified that a colossal two billion CFA francs, roughly equivalent to 3.55 million US dollars, is being offered for information directly resulting in the apprehension of Iyad Ag Gali, the paramount leader of the ‘Nasra al-Islam wal-Muslimin’ group. Other wanted individuals also have considerable, albeit lesser, rewards attached to their capture.…
Read MoreCôte d’Ivoire’s anacarde harvest falls short in bounkani region
The anacarde harvest season is in full swing across Côte d’Ivoire, with the Cotton and Anacarde Council forecasting over 1.3 million tonnes this year. While this represents a steady output compared to previous years, the figure is expected to drop by 200,000 tonnes from the 2025 harvest. Not all regions are facing the same challenges, however. In the northeastern zone of Bounkani, farmers are grappling with a particularly poor yield, a direct consequence of erratic rainfall patterns. Returning from Bouna in the Bounkani region, I spoke with local farmers whose…
Read MoreCôte d’Ivoire anacardes: poor harvest hits bounkani region
The cashew harvest season in Côte d’Ivoire is in full swing, with the Cotton and Cashew Council projecting over 1.3 million tonnes this year. While this output remains robust compared to previous seasons, it marks a decline of 200,000 tonnes from last year’s figures. Some regions, however, are facing significant setbacks, particularly in the Bounkani area of the northeast, where erratic rainfall patterns are wreaking havoc on production. From our correspondent in Bouna Kouamé Ouattara’s 3-hectare cashew plantation has yielded almost nothing this season, leaving him idle. “Three years ago,…
Read MoreTogo bac 1 2026 results to be announced june 7th
The eagerly awaited BAC 1 2026 results for Togo may be released as early as the first weekend of June, with initial indications pointing to Sunday, June 7, 2026 as a probable date. The grading process has entered its final stages, with examiners putting the finishing touches on score evaluations. While these developments suggest the results could be published soon, the Ministry of Primary, Secondary, and Technical Education has not yet issued an official confirmation. The provisional timeline depends on the final validation by the examination boards, ensuring all procedures…
Read MoreSawti launches multilingual platform to simplify political information access in Morocco
sawti: a multilingual digital platform revolutionizing political information in Morocco Morocco now has a powerful new tool to bridge the gap between citizens and political information: sawti. This innovative, non-profit digital platform, accessible at www.sawti.info, is transforming how Moroccans—both at home and abroad—interact with the country’s political landscape. The brainchild of two young Moroccan entrepreneurs, Ismaïl Lahlou and Yassine Lahlou Kamal, sawti was created to democratize access to reliable political news and foster greater civic engagement. Designed with inclusivity in mind, the platform targets diverse audiences by offering content in…
Read MoreTogo’s leader meets Ecobank chief to discuss financial growth and regional integration
On June 3rd, Faure Essozimna Gnassingbé, President of the Republic of Togo, held a productive meeting in Lomé with Papa Madiaw Ndiaye, Chairman of the Board of Directors of Ecobank Transnational Incorporated. The discussion centered on the outcomes of the group’s annual shareholders’ assembly and its strategic vision for the future. Financial highlights and accountability shared with Togolese leadership During the meeting, Papa Madiaw Ndiaye presented the financial results of the 2025 fiscal year, along with the bank’s long-term strategic initiatives. He emphasized the significance of maintaining transparent communication with…
Read MorePsg pursues €100m transfer for Yan Diomandé following Champions League success
After securing a second consecutive Champions League title, Psg is prepared to be a major player in the summer transfer window. The French capital club has identified Yan Diomandé as a top priority following his breakout season with RB Leipzig. Discussions have already commenced between the Parisian side and the representatives of the 19-year-old winger. Psg reached the pinnacle of European football once again last Saturday by defeating Arsenal in the Ligue des champions final. With the trophy secured, the club is now focusing on its recruitment strategy to provide…
Read More