Anticorruption agencies arrest four suspects after government forced to backtrack on push to strip them of autonomy. Ukrainian authorities have detained several officials over a “large-scale corruption scheme” in the defence sector, just days after lawmakers restored the independence of the country’s two main investigative bodies. The National Anti-Corruption Agency (NABU) and the Specialised Anti-Corruption…
TLDR Helios Investment Partners is scaling up its presence in Africa’s creative sector with a new $75 million fund targeting sports and entertainment The London-based private equity firm’s specialist arm secured $50 million in equity from development finance institutions to support the strategy Helios’s strategy builds on its 2021 investment in NBA Africa, which valued…
Thokozani Mvelase, CEO of COMRiC. As organised crime syndicates increasingly entrench their dominance, South Africa’s telecommunications sector players are struggling to lay new infrastructure. So said Thokozani Mvelase, CEO of Communication Risk Information Centre (COMRiC), highlighting that the telecoms sector is not immune to ‘extortionists’, as he described them. COMRiC is the non-profit organisation (NPO)…
Technocrats in the water and sanitation sector have converged in Lilongwe for the 95th Strategic and Technological Council (STC) conference of the Africa Water and Sanitation Association (AfWASA). Among others, the technocrats are expected to explore new and blended financing mechanisms for the sector, including the public-private partnerships, green bonds, climate adaptation funds and performance-based…
Communications minister Solly Malatsi. Image c/o DCDT The department of communications & digital technologies will host a policy colloquium soon to solicit inputs ahead of a planned overhaul of South Africa’s ICT sector legislation. Speaking in parliament on Friday, Malatsi said the goal of the colloquium will be to ensure South Africa’s policy and regulatory…
Communications minister Solly Malatsi. South Africans from far and wide have engaged with the draft policy direction that seeks to review the role of equity equivalent investment programmes (EEIPs) in the ICT sector, with the official public consultation process garnering more than 19 000 submissions. This was revealed by the minister on Friday, delivering his…
Monrovia — The World Bank’s Country Manager for Liberia, Georgia Wallen, has praised Liberia’s historic graduation of its first cohort of Certified Professional Public Sector Accountants (PPSAs), describing it as a landmark achievement not just for the country, but for the entire African continent. Speaking at the inaugural graduation ceremony hosted by the Liberia Institute…
None of the 11 state-owned enterprises in the ICT sector was profitable in the 2024 financial year, with most making losses for at least five years. This is according to a document tabled in parliament by communications minister Solly Malatsi in response to a question from fellow Democratic Alliance MP Patrick Atkinson, who asked him…
United Nations Economic Commission for Africa (ECA), has called on African countries to embrace nuclear energy as a strategic solution to the continent’s deepening energy crisis. In a statement on Saturday, Executive Secretary of ECA, Claver Gatete, said that it was unacceptable that over 600 million Africans still lacked access to electricity. Gatete described the…
A new report released by WomenLift Health lays bare a critical but often overlooked barrier to resilient health systems in Southern Africa: a persistent leadership gap for women in the public health sector, despite decades of progressive gender equality policies. Based on a comprehensive stakeholder analysis across ten countries including Angola, Botswana, Eswatini, Lesotho, Malawi,…
