Bobi Wine launches new party

Ugandan activist Bobi Wine has launched a new political party ahead of a presidential election in which he hopes to be the face of a united opposition against the country’s long-time leader.  The popular singer and lawmaker, whose real name is Kyagulanyi Ssentamu, has led a political pressure group known as People Power, which has …

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Okonjo-Iweala bids for WTO top job

Nigeria’s candidate to head the World Trade Organization (WTO) said she feels “strong support” from Africa and expects African leaders to unite behind one candidate as sources following the race said she is gaining broader backing.  Ngozi Okonjo-Iweala, a former finance and foreign minister who has 25 years experience at the World Bank, is seeking …

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Nigeria: Oil bribery scandal

Oil majors Eni and Royal Dutch Shell were aware that most of the money they spent to buy a Nigerian oilfield in 2011 would go in corrupt payments to politicians and officials, a prosecutor said in court.  “They were kickbacks. And Eni and Shell knew it,” Sergio Spadaro told judges in Milan, summing up the …

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Ghana: How uniBank was killed by the government

Throughout this in-depth report, Africawatch reveals how the clandestine mission by the government to kill uniBank actually unfolded. We take readers through the destructive actions undertaken by the Ministry of Finance, headed by Ken Ofori-Atta, the Bank of Ghana, led by Dr. Ernest Addison, and the Official Administrator/ Receiver, KPMG, headed by Nii Amanor Dodoo, …

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How Africa can bridge the financing gap post-coronavirus

Because of the havoc wreaked by the Covid-19 pandemic, African countries want a blanket moratorium on all debt service to the continent’s creditors. As expected, the creditors are not agreeable. But in this commentary, Rodrigo Olivares-Caminal urges both the lenders and investors to understand that time is of the essence and that breathing time is …

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