With political tensions at an all-time high, and the DRC on the brink of tumbling into political and civil chaos, the re-emergence of the M23 may very well be leveraged by Kabila as justification to retain political control.
Babatunde Fashola, Minister of Power, Works & Housing, is embroiled in a fresh scandal concerning the inflation and allocation of contracts. Having escaped scrutiny over corruption allegations, the question remains whether this new expose will force him to account.
With financial constraints mounting, Mozambique defaults on its $59.7m Eurobond repayment and claims it cannot pay its debts until 2021
After handily winning the 2016 elections, Akufo-Addo is set to target Ghana’s financial travails following his 7th January inauguration.
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A projection of the key scenarios likely to be faced by Nigeria and the Buhari government throughout 2017.
A detailed review of President Muhammadu Buhari’s first calendar year in office
Keen to capitalise on the DRC’s natural resources wealth, MNCs have leveraged Dan Gertler’s elite contacts to gain access to mining rights.
In March 2016, Zimbabwe announced its decision to rigorously impose its indigenisation law; news that sent shockwaves through the Chinese investment community.
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The hype associated with Buhari’s electoral victory is quickly eroding as his administration’s lack of economic competency is undermining his inspiring campaign rhetoric.
Since February 2016, the NDA has claimed responsibility for attacks against oil infrastructure. In an effort to quickly mitigate damage, the government is trying negotiations.
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Although DRC has potential investment opportunities; its prospects are hindered by a myriad of issues such as political instability, corruption and inadequate infrastructure.
Ghana has emerged as an archetype of stability and good governance in Africa. A string of corruption scandals, however, will challenge its commitment to transparent governance.